Housing Market Analysis for RICHMOND LANE, SO51 7LB

Are you looking to understand SO51 7LB 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 7LB area, explore the SO51 7LB Area information page.
For comprehensive crime statistics in the SO51 7LB area, explore the SO51 7LB Crime Rates page.

Overview of Sold House prices

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

  • Detached
    • The average price is around £357,577 median price is £350,000 Standard Deviation is £131,322 with Total Sold: 13
    • The Last 5 Year average price is £575,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 27 RICHMOND LANE: £680,000 (Sold on 04 Mar 2022)
    • The first recorded sale happened at this postcode is 5 RICHMOND LANE: £181,000 (Sold on 27 Nov 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average SO51 7LB 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
2022£680,000 £4,172 1
2020£471,000 £4,361 1
2018£480,000 £4,286 1
2013£358,000 £2,320 2
2009£313,249 £2,916 4
2007£435,000 £2,665 1
2000£216,250 £1,326 2
1998£181,000 £1,275 1

All the Sales in the RICHMOND LANE, SO51 7LB

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

AddressSold DatePrice% Change
27 RICHMOND LANEDetached, FreeholdArea: 163 Sq.mtrAge: 1967-197504 Mar 2022£680,000212.64%
19 Dec 2000£217,500First Sale
13 RICHMOND LANEDetached, FreeholdArea: 108 Sq.mtrAge: 1950-196627 Oct 2020£471,000First Sale
33 RICHMOND LANEDetached, FreeholdArea: 112 Sq.mtrAge: 1967-197505 Jul 2018£480,000First Sale
11 RICHMOND LANEDetached, FreeholdArea: 141.81 Sq.mtrAge: 1950-196605 Jul 2013£366,000-2.92%
09 Nov 2009£376,995First Sale
1 RICHMOND LANEDetached, FreeholdArea: 170 Sq.mtrAge: 1950-196623 Apr 2013£350,000First Sale
9 RICHMOND LANEDetached, FreeholdArea: 83.1 Sq.mtrAge: 1950-196604 Dec 2009£265,000First Sale
21 RICHMOND LANEDetached, Freehold09 Oct 2009£286,000First Sale
23 RICHMOND LANEDetached, FreeholdArea: 112 Sq.mtrAge: 1967-197506 Feb 2009£325,000First Sale
25 RICHMOND LANEDetached, FreeholdArea: 163.2 Sq.mtrAge: 1967-197502 Jul 2007£435,000102.33%
31 Aug 2000£215,000First Sale
5 RICHMOND LANEDetached, FreeholdArea: 142 Sq.mtrAge: 1950-196627 Nov 1998£181,000First Sale

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

RICHMOND LANE, SO51 7LB Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £168,955 median price is £169,250 Standard Deviation is £84,150 with Total Sold: 572
    • The Last 5 Year average price is £291,166 with Total Sold: 78
    • 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)
  • Semi-Detached
    • The average price is around £223,342 median price is £200,000 Standard Deviation is £125,805 with Total Sold: 209
    • The Last 5 Year average price is £385,898 with Total Sold: 32
    • 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 , 4 WOODLANDS GARDENS: £60,000 (Sold on 31 Jan 1995)
  • Detached
    • The average price is around £415,324 median price is £360,000 Standard Deviation is £228,618 with Total Sold: 533
    • The Last 5 Year average price is £670,688 with Total Sold: 123
    • The most recent sale happened at this postcode is , 3 WOODLEY LANE: £703,000 (Sold on 08 Apr 2024)
    • The first recorded sale happened at this postcode is , 56 FAIRVIEW DRIVE: £92,500 (Sold on 12 Jan 1995)
  • Other
    • The average price is around £1,484,286 median price is £640,000 Standard Deviation is £1,589,104 with Total Sold: 7
    • The Last 5 Year average price is £1,610,000 with Total Sold: 4
    • 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)
  • Flat
    • The average price is around £73,011 median price is £77,000 Standard Deviation is £35,310 with Total Sold: 111
    • The Last 5 Year average price is £118,531 with Total Sold: 16
    • The most recent sale happened at this postcode is FLAT 13, WINCHESTER COURT SUTHERLAND CLOSE: £122,000 (Sold on 24 Nov 2023)
    • The first recorded sale happened at this postcode is FLAT 8, WINCHESTER COURT SUTHERLAND CLOSE: £29,500 (Sold on 27 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£326,417 £4,054 6
2023£326,818 £4,056 11
2022£322,444 £3,896 9
2021£285,065 £3,381 23
2020£258,715 £3,346 13
2019£270,980 £3,213 16
2018£253,267 £3,230 18
2017£267,780 £3,116 23
2016£240,098 £2,881 22
2015£268,172 £2,877 17
2014£210,435 £2,605 24
2013£181,667 £2,286 18
2012£182,455 £2,194 11
2011£169,153 £2,026 18
2010£172,914 £2,171 18
2009£176,079 £2,027 12
2008£179,325 £2,180 6
2007£176,023 £2,159 28
2006£167,613 £1,972 27
2005£166,839 £2,093 19
2004£156,915 £1,856 24
2003£140,789 £1,665 22
2002£127,627 £1,557 24
2001£105,350 £1,239 15
2000£88,207 £1,107 22
1999£68,144 £913 24
1998£65,113 £876 27
1997£59,583 £754 29
1996£53,145 £676 26
1995£56,215 £685 20
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£485,000 £7,250 1
2023£450,400 £3,990 5
2022£426,900 £4,719 5
2021£370,375 £3,780 10
2020£334,167 £3,776 3
2019£346,375 £3,739 8
2018£366,625 £3,854 8
2017£352,286 £2,970 7
2016£327,560 £3,103 10
2015£271,248 £3,072 4
2014£263,500 £3,030 7
2013£228,333 £2,440 9
2012£291,667 £3,430 3
2011£195,167 £2,064 3
2010£259,167 £2,335 3
2009£250,000 £3,100 2
2008£205,0001
2007£200,700 £2,271 5
2006£178,490 £2,490 10
2005£205,841 £2,093 16
2004£227,943 £2,364 14
2003£188,056 £1,938 9
2002£168,238 £1,244 8
2001£154,150 £1,382 6
2000£116,483 £1,296 6
1999£94,423 £1,066 13
1998£93,875 £876 8
1997£73,533 £719 12
1996£77,944 £965 9
1995£57,488 £950 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£599,400 £5,945 5
2023£663,615 £5,456 13
2022£689,225 £5,180 20
2021£572,285 £4,329 21
2020£666,585 £4,000 19
2019£720,068 £4,126 45
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£372,500 £1,478 3
2007£418,021 £2,813 19
2006£350,229 £2,697 19
2005£349,050 £2,439 10
2004£290,275 £3,113 20
2003£349,938 £2,374 8
2002£273,000 £2,082 24
2001£254,162 £1,861 12
2000£245,580 £1,566 28
1999£209,266 £1,414 18
1998£176,250 £1,212 14
1997£131,467 £1,054 15
1996£129,453 £923 19
1995£113,110 £912 15
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£240,000 £3,380 1
2023£5,060,0001
2021£570,000 £4,370 2
2018£1,316,667 £7,198 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£111,250 £3,653 4
2022£137,667 £3,576 3
2021£112,250 £3,592 4
2020£136,000 £3,617 2
2019£105,833 £3,450 3
2018£103,500 £3,544 2
2017£118,317 £2,938 3
2016£102,400 £2,950 5
2015£96,200 £2,543 5
2014£90,250 £2,693 6
2013£87,900 £2,212 5
2012£80,000 £2,581 1
2009£67,500 £2,250 1
2008£78,875 £2,559 4
2007£102,190 £2,824 5
2006£86,583 £2,688 6
2005£75,833 £2,441 3
2004£79,500 £2,565 1
2003£72,475 £2,338 2
2002£52,679 £1,710 5
2001£47,583 £1,443 6
2000£38,250 £1,234 4
1999£41,917 £1,021 3
1998£32,772 £1,023 9
1997£33,700 £915 11
1996£29,758 £895 6
1995£27,250 £879 2

House Type in SO51 7LB area

The most common house types in the SO51 7LB 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 7LB 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