Housing Market Analysis for RICHMOND LANE, SO51 7LA

Are you looking to understand SO51 7LA 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 Test Valley postcode.

For the location information and nearby amenities in the SO51 7LA area, explore the SO51 7LA Area information page.
For comprehensive crime statistics in the SO51 7LA area, explore the SO51 7LA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SO51 7LA postcode area, The average prices are as follows,

  • Detached
    • The average price is around £378,654 median price is £410,000 Standard Deviation is £152,730 with Total Sold: 13
    • The Last 5 Year average price is £514,800 with Total Sold: 5
    • The most recent sale happened at this postcode is BALBECK, 2 RICHMOND LANE: £475,000 (Sold on 31 Jan 2024)
    • The first recorded sale happened at this postcode is 10 RICHMOND LANE: £185,000 (Sold on 24 Aug 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average SO51 7LA 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£472,0002
2023£450,0001
2021£670,000 £3,300 1
2020£510,0001
2015£410,000 £4,659 1
2010£445,000 £2,652 1
2009£31,5001
2008£300,000 £1,478 1
2006£330,000 £2,114 2
2005£317,0001
2000£185,000 £911 1

All the Sales in the RICHMOND LANE, SO51 7LA

See the table below for more details on the sold house prices in the SO51 7LA, Test Valley postcode.

AddressSold DatePrice% Change
BALBECK, 2 RICHMOND LANEDetached, Freehold31 Jan 2024£475,0001.28%
31 Jan 2024£469,0004.22%
30 Nov 2023£450,000First Sale
10 RICHMOND LANEDetached, FreeholdArea: 203 Sq.mtrAge: 1967-197530 Sep 2021£670,000123.33%
14 Aug 2008£300,00062.16%
24 Aug 2000£185,000First Sale
RICHMOND HOUSE, 18 RICHMOND LANEDetached, Freehold29 May 2020£510,00047.83%
28 Apr 2006£345,000First Sale
16 RICHMOND LANEDetached, FreeholdArea: 88 Sq.mtrAge: 1967-197506 Aug 2015£410,000First Sale
14 RICHMOND LANEDetached, FreeholdArea: 167.77 Sq.mtrAge: 1967-197509 Dec 2010£445,000First Sale
4 RICHMOND LANEDetached, Freehold07 Aug 2009£31,500First Sale
6 RICHMOND LANEDetached, FreeholdArea: 149 Sq.mtrAge: 1967-197528 Jul 2006£315,000First Sale
GREYRIDGE, 8 RICHMOND LANEDetached, Freehold16 Jun 2005£317,000First Sale

Check out the sold house prices near the SO51 7LA postcode. Properties currently for saleProperties currently for rent

RICHMOND LANE, SO51 7LA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SO51 7LA 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 SO51 7LA postcode.

  • Terraced
    • The average price is around £168,606 median price is £169,500 Standard Deviation is £84,039 with Total Sold: 617
    • The Last 5 Year average price is £290,692 with Total Sold: 86
    • The most recent sale happened at this postcode is , 14 LINCOLN CLOSE: £375,000 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is , 9 BRANSLEY CLOSE: £55,000 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £413,147 median price is £360,000 Standard Deviation is £228,212 with Total Sold: 550
    • The Last 5 Year average price is £669,368 with Total Sold: 127
    • The most recent sale happened at this postcode is , THE PADDOCK, 27 CUPERNHAM LANE: £530,000 (Sold on 28 May 2024)
    • The first recorded sale happened at this postcode is , 56 FAIRVIEW DRIVE: £92,500 (Sold on 12 Jan 1995)
  • Flat
    • The average price is around £89,777 median price is £81,000 Standard Deviation is £60,206 with Total Sold: 225
    • The Last 5 Year average price is £121,292 with Total Sold: 24
    • The most recent sale happened at this postcode is FLAT 29, SELBORNE COURT TAVISTOCK CLOSE: £118,000 (Sold on 13 May 2024)
    • The first recorded sale happened at this postcode is FLAT 8, WINCHESTER COURT SUTHERLAND CLOSE: £29,500 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £215,112 median price is £196,000 Standard Deviation is £121,811 with Total Sold: 261
    • The Last 5 Year average price is £373,045 with Total Sold: 39
    • The most recent sale happened at this postcode is , 4 WATERSIDE ROAD: £485,000 (Sold on 16 Apr 2024)
    • The first recorded sale happened at this postcode is , 12 CLARENDON CLOSE: £56,500 (Sold on 12 Jan 1995)
  • Other
    • The average price is around £1,325,625 median price is £570,000 Standard Deviation is £1,544,606 with Total Sold: 8
    • The Last 5 Year average price is £1,331,000 with Total Sold: 5
    • The most recent sale happened at this postcode is , 18 WARREN GARDENS: £240,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , GRANTON CUPERNHAM LANE: £1,400,000 (Sold on 28 Mar 2018)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£326,417 £4,054 6
2023£320,429 £4,139 14
2022£320,864 £3,869 11
2021£283,398 £3,371 24
2020£258,450 £3,356 14
2019£270,922 £3,233 17
2018£253,267 £3,230 18
2017£267,038 £3,125 25
2016£240,961 £2,910 23
2015£263,996 £2,883 19
2014£207,979 £2,588 26
2013£181,737 £2,290 19
2012£182,583 £2,173 12
2011£169,934 £2,050 19
2010£172,761 £2,156 19
2009£176,210 £2,019 14
2008£179,325 £2,180 6
2007£176,023 £2,159 28
2006£166,922 £2,039 32
2005£166,498 £2,092 20
2004£157,632 £1,845 25
2003£140,789 £1,665 22
2002£124,634 £1,551 26
2001£104,486 £1,247 18
2000£87,577 £1,135 26
1999£68,458 £920 25
1998£65,113 £876 27
1997£59,822 £762 30
1996£53,334 £679 30
1995£55,968 £681 22
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£587,833 £5,945 6
2023£663,615 £5,456 13
2022£693,548 £5,172 21
2021£581,727 £4,358 22
2020£666,585 £4,000 19
2019£713,654 £4,119 46
2018£677,463 £4,208 28
2017£494,937 £3,977 16
2016£449,700 £3,582 15
2015£462,296 £3,522 20
2014£418,702 £3,742 22
2013£329,188 £2,939 24
2012£342,694 £2,989 18
2011£391,613 £3,121 15
2010£392,346 £2,952 13
2009£339,212 £2,771 15
2008£388,125 £1,478 4
2007£417,019 £2,706 21
2006£350,229 £2,697 19
2005£349,050 £2,439 10
2004£295,477 £2,932 22
2003£349,938 £2,374 8
2002£271,080 £2,082 25
2001£254,162 £1,861 12
2000£245,580 £1,566 28
1999£209,266 £1,414 18
1998£181,583 £1,225 18
1997£131,467 £1,054 15
1996£130,030 £921 20
1995£113,685 £884 17
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£118,0001
2023£137,800 £3,600 5
2022£130,200 £3,681 5
2021£110,167 £3,534 6
2020£136,000 £3,617 2
2019£104,000 £3,376 5
2018£104,000 £3,544 3
2017£149,790 £3,168 5
2016£125,893 £3,047 14
2015£120,056 £2,698 9
2014£102,722 £2,739 9
2013£84,243 £2,398 7
2012£80,000 £2,581 1
2011£185,000 £2,795 1
2010£200,000 £3,067 1
2009£118,874 £2,614 4
2008£82,333 £2,685 9
2007£124,132 £2,933 11
2006£114,038 £2,937 12
2005£105,500 £2,698 7
2004£116,471 £2,531 7
2003£112,439 £2,680 9
2002£106,080 £2,061 15
2001£85,123 £1,834 15
2000£40,000 £1,290 6
1999£36,850 £1,086 10
1998£32,784 £1,035 16
1997£32,532 £908 14
1996£28,450 £865 9
1995£25,279 £844 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£485,000 £7,250 1
2023£450,400 £3,990 5
2022£400,643 £4,757 7
2021£366,250 £3,780 11
2020£331,500 £3,557 5
2019£332,100 £3,646 10
2018£354,300 £3,638 10
2017£337,250 £2,952 8
2016£314,546 £3,126 13
2015£264,998 £3,050 5
2014£263,500 £3,030 7
2013£247,833 £2,465 12
2012£291,667 £3,430 3
2011£197,000 £2,050 4
2010£259,167 £2,335 3
2009£217,500 £2,686 4
2008£200,000 £3,197 2
2007£200,583 £2,256 6
2006£176,783 £2,436 12
2005£205,615 £2,011 17
2004£218,188 £2,285 17
2003£186,750 £1,851 10
2002£161,350 £1,589 11
2001£148,986 £1,382 7
2000£112,811 £1,254 9
1999£100,392 £1,000 19
1998£86,175 £830 14
1997£72,954 £694 14
1996£75,950 £894 10
1995£57,290 £950 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£240,000 £3,380 1
2023£5,060,0001
2021£570,000 £4,370 2
2019£215,000 £2,986 1
2018£1,316,667 £7,198 3

House Type in SO51 7LA area

The most common house types in the SO51 7LA postcode area are Detached (110), Semi-detached (5), and Terraced (1).

Total116
Detached110
Semi-detached5
Terraced1
Flat0
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 (76), and Owned: Owns with a mortgage or loan (32).

Owned: Owns outright76
Owned: Owns with a mortgage or loan32
Private rented: Private landlord or letting agency6
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the SO51 7LA have 2 people in household (56), and 1 person in household (26).

2 people in household56
1 person in household26
4 people in household15
3 people in household13
5 people in household4
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0