Housing Market Analysis for MICHAELS WAY, SO50 7NJ

Are you looking to understand SO50 7NJ house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Eastleigh postcode.

For the location information and nearby amenities in the SO50 7NJ area, explore the SO50 7NJ Area information page.
For comprehensive crime statistics in the SO50 7NJ area, explore the SO50 7NJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SO50 7NJ postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £233,225 median price is £214,975 Standard Deviation is £55,550 with Total Sold: 4
    • The Last 5 Year average price is £325,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 10 MICHAELS WAY: £325,000 (Sold on 14 Jul 2022)
    • The first recorded sale happened at this postcode is 10 MICHAELS WAY: £177,950 (Sold on 04 Feb 2004)
  • Detached
    • The average price is around £498,400 median price is £575,000 Standard Deviation is £146,671 with Total Sold: 5
    • The Last 5 Year average price is £627,500 with Total Sold: 2
    • The most recent sale happened at this postcode is LARKWOOD MICHAELS WAY: £575,000 (Sold on 27 Sep 2019)
    • The first recorded sale happened at this postcode is LARKWOOD MICHAELS WAY: £680,000 (Sold on 02 Sep 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average SO50 7NJ house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£325,000 £4,643 1
2007£214,975 £2,929 2
2004£177,950 £2,542 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£575,000 £3,639 1
2016£477,500 £3,058 2
2011£282,000 £2,217 1
2024£680,0001

All the Sales in the MICHAELS WAY, SO50 7NJ

See the table below for more details on the sold house prices in the SO50 7NJ, Eastleigh postcode.

AddressSold DatePrice% Change
10 MICHAELS WAYSemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1976-198214 Jul 2022£325,00058.54%
31 Oct 2007£205,00015.20%
04 Feb 2004£177,950First Sale
LARKWOOD MICHAELS WAYDetached, FreeholdArea: 158 Sq.mtr27 Sep 2019£575,00053.33%
05 Jan 2016£375,000-44.85%
02 Sep 2024£680,000First Sale
FLINTSTONE MICHAELS WAYDetached, FreeholdArea: 155 Sq.mtrAge: 2003-200606 May 2016£580,000First Sale
6 MICHAELS WAYDetached, FreeholdArea: 127.2 Sq.mtrAge: 1983-199016 Dec 2011£282,000First Sale
4 MICHAELS WAYSemi-Detached, Freehold21 Mar 2007£224,950First Sale

Check out the sold house prices near the SO50 7NJ postcode. Properties currently for saleProperties currently for rent

MICHAELS WAY, SO50 7NJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SO50 7NJ postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the SO50 7NJ postcode.

  • Detached
    • The average price is around £280,140 median price is £262,000 Standard Deviation is £134,567 with Total Sold: 595
    • The Last 5 Year average price is £415,498 with Total Sold: 130
    • The most recent sale happened at this postcode is , LARKWOOD MICHAELS WAY: £680,000 (Sold on 02 Sep 2024)
    • The first recorded sale happened at this postcode is , 7 MEARS ROAD: £55,000 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £98,051 median price is £104,475 Standard Deviation is £43,333 with Total Sold: 292
    • The Last 5 Year average price is £133,864 with Total Sold: 44
    • The most recent sale happened at this postcode is FLAT 14, OAKDENE GARDENS FAIR OAK ROAD: £107,500 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is 32, MILL COURT MORTIMERS LANE: £44,750 (Sold on 08 Mar 1995)
  • Semi-Detached
    • The average price is around £228,932 median price is £234,000 Standard Deviation is £116,112 with Total Sold: 396
    • The Last 5 Year average price is £336,098 with Total Sold: 95
    • The most recent sale happened at this postcode is , 4 CAMELIA GROVE: £460,000 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is , 30 SELHURST WAY: £63,500 (Sold on 27 Jan 1995)
  • Terraced
    • The average price is around £167,471 median price is £162,000 Standard Deviation is £90,892 with Total Sold: 167
    • The Last 5 Year average price is £278,655 with Total Sold: 38
    • The most recent sale happened at this postcode is , 3 FREDA ROUTH GARDENS: £260,000 (Sold on 26 Mar 2024)
    • The first recorded sale happened at this postcode is 2, MILL COURT MORTIMERS LANE: £50,000 (Sold on 16 Feb 1995)
  • Other
    • The average price is around £897,579 median price is £595,000 Standard Deviation is £925,543 with Total Sold: 21
    • The Last 5 Year average price is £751,144 with Total Sold: 10
    • The most recent sale happened at this postcode is UNIT 3C, DEER PARK FARM KNOWLE LANE: £580,000 (Sold on 27 Jan 2023)
    • The first recorded sale happened at this postcode is , 468 FAIR OAK ROAD: £1,050,000 (Sold on 17 Feb 2015)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£450,833 £2,917 6
2023£475,042 £4,009 12
2022£475,214 £4,617 14
2021£413,014 £3,912 33
2020£411,154 £3,799 39
2019£357,375 £3,599 26
2018£368,045 £3,586 22
2017£390,265 £3,825 13
2016£414,534 £3,269 22
2015£355,494 £3,253 18
2014£319,170 £2,859 20
2013£259,500 £3,124 14
2012£302,429 £2,541 12
2011£293,912 £2,560 15
2010£275,814 £2,989 14
2009£260,150 £2,508 16
2008£257,812 £2,538 8
2007£315,448 £2,962 21
2006£288,336 £2,532 43
2005£275,206 £2,152 17
2004£230,450 £2,466 12
2003£243,019 £1,773 13
2002£209,618 £1,567 19
2001£170,716 £1,653 28
2000£146,512 £1,343 28
1999£125,068 £1,175 32
1998£142,098 £1,096 26
1997£127,998 £988 23
1996£97,919 £850 16
1995£87,731 £884 13
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£128,167 £2,807 3
2023£138,125 £2,858 8
2022£124,923 £2,702 13
2021£131,778 £2,659 9
2020£150,667 £2,859 6
2019£137,300 £2,997 5
2018£132,417 £2,778 6
2017£138,931 £3,098 8
2016£139,595 £3,091 10
2015£132,973 £2,842 10
2014£113,909 £2,430 11
2013£113,075 £2,406 6
2012£125,333 £2,063 3
2011£116,500 £2,565 5
2010£135,000 £2,261 5
2009£98,900 £2,404 5
2008£123,000 £2,592 4
2007£113,877 £2,447 13
2006£122,374 £2,514 17
2005£118,321 £2,632 7
2004£114,694 £2,505 17
2003£113,412 £2,118 12
2002£88,858 £1,966 19
2001£78,438 £1,820 8
2000£68,494 £1,512 9
1999£47,993 £1,242 8
1998£44,576 £989 19
1997£30,821 £689 21
1996£39,870 £866 15
1995£44,975 £968 10
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£404,5004
2023£345,813 £3,924 15
2022£373,385 £4,407 13
2021£394,655 £3,522 19
2020£297,784 £3,908 29
2019£275,732 £3,844 15
2018£308,750 £3,340 10
2017£306,379 £3,337 17
2016£314,194 £3,352 13
2015£258,403 £2,920 16
2014£324,405 £2,634 11
2013£241,286 £2,506 7
2012£287,941 £2,745 11
2011£223,464 £2,568 7
2010£235,000 £2,237 4
2009£197,136 £2,111 11
2008£233,000 £2,459 6
2007£231,041 £2,302 11
2006£224,767 £2,435 24
2005£227,569 £2,089 21
2004£192,996 £2,173 14
2003£176,990 £1,821 5
2002£166,054 £1,776 12
2001£149,454 £1,313 13
2000£119,127 £1,218 11
1999£98,673 £1,122 15
1998£77,154 £969 13
1997£76,784 £787 16
1996£80,122 £884 18
1995£67,710 £735 15
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£260,0001
2023£262,500 £4,324 3
2022£338,571 £4,616 7
2021£253,000 £3,887 3
2020£274,642 £4,083 17
2019£249,071 £3,791 7
2018£227,600 £3,670 5
2017£278,375 £3,467 4
2016£240,983 £4,363 3
2015£162,250 £3,297 4
2014£170,700 £2,899 6
2013£192,690 £2,856 5
2012£170,000 £3,040 5
2011£175,500 £3,254 2
2010£188,125 £2,205 4
2009£127,0001
2008£156,167 £2,898 3
2007£204,750 £3,204 4
2006£180,236 £2,379 9
2005£145,833 £1,778 3
2004£160,738 £2,318 4
2003£132,500 £2,500 1
2002£124,755 £2,043 10
2001£110,212 £1,696 12
2000£100,158 £1,120 6
1999£79,778 £1,159 9
1998£64,000 £860 2
1997£58,690 £1,072 10
1996£56,700 £817 7
1995£56,370 £896 10
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£580,0001
2022£350,0001
2021£650,7202
2020£1,003,333 £17,284 3
2019£756,667 £11,631 3
2018£2,058,750 £24,989 4
2017£466,237 £2,920 3
2015£426,000 £1,085 4

House Type in SO50 7NJ area

The most common house types in the SO50 7NJ postcode area are Detached (40), Flat (25), and Terraced (20).

Total101
Detached40
Flat25
Terraced20
Semi-detached16
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (64), and Owned: Owns with a mortgage or loan (32).

Owned: Owns outright64
Owned: Owns with a mortgage or loan32
Private rented: Private landlord or letting agency4
Social rented: Other social rented1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the SO50 7NJ have 1 person in household (49), and 2 people in household (31).

1 person in household49
2 people in household31
3 people in household13
4 people in household8
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0