Housing Market Analysis for MILL LANE, SO51 8EQ

Are you looking to understand SO51 8EQ 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 8EQ area, explore the SO51 8EQ Area information page.
For comprehensive crime statistics in the SO51 8EQ area, explore the SO51 8EQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SO51 8EQ postcode area, The average prices are as follows,

Terraced
- The average price is around £273,900 median price is £268,500 Standard Deviation is £131,883 with Total Sold: 10
- The Last 5 Year average price is £532,500 with Total Sold: 1
- The most recent sale happened at this postcode is 56 MILL LANE: £532,500 (Sold on 26 Nov 2019)
- The first recorded sale happened at this postcode is 58 MILL LANE: £78,000 (Sold on 23 Aug 1996)
Semi-Detached
- The average price is around £307,423 median price is £288,750 Standard Deviation is £164,156 with Total Sold: 12
- The Last 5 Year average price is £502,500 with Total Sold: 2
- The most recent sale happened at this postcode is 44 MILL LANE: £475,000 (Sold on 27 Aug 2019)
- The first recorded sale happened at this postcode is 46 MILL LANE: £530,000 (Sold on 12 Feb 2024)
Detached
- The average price is around £1,240,000 median price is £1,250,000 Standard Deviation is £359,328 with Total Sold: 3
- The most recent sale happened at this postcode is TOAD HALL, 66 MILL LANE: £1,250,000 (Sold on 12 Oct 2017)
- The first recorded sale happened at this postcode is 64 MILL LANE: £795,000 (Sold on 23 Feb 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average SO51 8EQ 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£532,500	£6,416	1
2018	£432,500	£5,211	1
2015	£327,000		1
2011	£320,000		1
2008	£290,000		1
2005	£225,000		1
2002	£247,000	£3,479	1
2001	£168,000		1
1998	£119,000		1
1996	£78,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£475,000	£4,095	1
2011	£527,500		1
2008	£495,000		1
2004	£375,000		1
2003	£250,000		2
2002	£327,500		1
1999	£130,000		1
1997	£125,788	£1,159	2
1996	£77,500		1
2024	£530,000	£5,146	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£1,250,000		1
2014	£1,675,000	£5,334	1
2001	£795,000	£2,532	1

All the Sales in the MILL LANE, SO51 8EQ

See the table below for more details on the sold house prices in the SO51 8EQ, Test Valley postcode.

Address	Sold Date	Price	% Change
56 MILL LANETerraced, FreeholdArea: 83 Sq.mtrAge: 1900-1929	26 Nov 2019	£532,500	23.12%
56 MILL LANETerraced, FreeholdArea: 83 Sq.mtrAge: 1900-1929	27 Apr 2018	£432,500	First Sale
44 MILL LANESemi-Detached, FreeholdArea: 116 Sq.mtrAge: 1950-1966	27 Aug 2019	£475,000	313.04%
	18 Apr 1997	£115,000	First Sale
TOAD HALL, 66 MILL LANEDetached, Freehold	12 Oct 2017	£1,250,000	First Sale
RIVER COTTAGE, 54 MILL LANETerraced, Freehold	28 Oct 2015	£327,000	94.64%
	31 Oct 2001	£168,000	41.18%
	24 Aug 1998	£119,000	First Sale
64 MILL LANEDetached, FreeholdArea: 314 Sq.mtrAge: 1996-2002	16 Jul 2014	£1,675,000	110.69%
	23 Feb 2001	£795,000	First Sale
60 MILL LANETerraced, Freehold	11 Oct 2011	£320,000	10.34%
	18 Jul 2008	£290,000	28.89%
	04 Nov 2005	£225,000	First Sale
PENCAE MILL LANESemi-Detached, Freehold	30 Jun 2011	£527,500	61.07%
PENCAE MILL LANESemi-Detached, Freehold	30 Aug 2002	£327,500	First Sale
50 MILL LANESemi-Detached, Freehold	04 Jul 2008	£495,000	32.00%
	12 Mar 2004	£375,000	50.00%
	28 Nov 2003	£250,000	0.0
	26 Sep 2003	£250,000	First Sale
62 MILL LANETerraced, FreeholdArea: 71 Sq.mtrAge: 1900-1929	20 Nov 2002	£247,000	First Sale
42 MILL LANESemi-Detached, Freehold	09 Apr 1999	£130,000	First Sale
46 MILL LANESemi-Detached, FreeholdArea: 103 Sq.mtrAge: 1930-1949	27 May 1997	£136,577	-74.23%
	12 Feb 2024	£530,000	First Sale
38 MILL LANESemi-Detached, Freehold	31 Oct 1996	£77,500	First Sale
58 MILL LANETerraced, Freehold	23 Aug 1996	£78,000	First Sale

Check out the sold house prices near the SO51 8EQ postcode. Properties currently for saleProperties currently for rent

MILL LANE, SO51 8EQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SO51 8EQ 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 8EQ postcode.

Terraced
- The average price is around £257,687 median price is £247,000 Standard Deviation is £143,428 with Total Sold: 672
- The Last 5 Year average price is £407,135 with Total Sold: 109
- The most recent sale happened at this postcode is , 4 MILL LANE: £610,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 25 STATION ROAD: £64,000 (Sold on 12 Jan 1995)
Flat
- The average price is around £191,359 median price is £185,000 Standard Deviation is £88,665 with Total Sold: 588
- The Last 5 Year average price is £236,706 with Total Sold: 107
- The most recent sale happened at this postcode is FLAT 4, CHERVILLE COURT MILL LANE: £152,500 (Sold on 06 Aug 2024)
- The first recorded sale happened at this postcode is FLAT 11, CHERVILLE COURT MILL LANE: £34,500 (Sold on 13 Feb 1995)
Other
- The average price is around £520,906 median price is £375,000 Standard Deviation is £484,121 with Total Sold: 65
- The Last 5 Year average price is £573,517 with Total Sold: 26
- The most recent sale happened at this postcode is , OLD BREWERY HOUSE PORTERSBRIDGE STREET: £340,000 (Sold on 15 May 2024)
- The first recorded sale happened at this postcode is , 10A THE HUNDRED: £1,050,000 (Sold on 10 Oct 2013)
Semi-Detached
- The average price is around £315,786 median price is £275,000 Standard Deviation is £193,894 with Total Sold: 210
- The Last 5 Year average price is £372,796 with Total Sold: 31
- The most recent sale happened at this postcode is , 46 MILL LANE: £530,000 (Sold on 12 Feb 2024)
- The first recorded sale happened at this postcode is , 73 STATION ROAD: £119,000 (Sold on 03 Feb 1995)
Detached
- The average price is around £417,068 median price is £373,000 Standard Deviation is £270,861 with Total Sold: 178
- The Last 5 Year average price is £617,358 with Total Sold: 24
- The most recent sale happened at this postcode is , 17 CHERVILLE STREET: £422,500 (Sold on 30 Nov 2023)
- The first recorded sale happened at this postcode is , 54 CHERVILLE STREET: £195,000 (Sold on 30 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£436,460	£4,917	5
2023	£429,425	£5,303	20
2022	£437,474	£5,146	19
2021	£404,295	£5,100	22
2020	£417,350	£4,534	20
2019	£350,148	£4,038	23
2018	£361,252	£4,490	26
2017	£360,026	£4,408	17
2016	£318,308	£3,850	26
2015	£316,324	£3,613	23
2014	£337,600	£3,543	25
2013	£279,670	£3,530	22
2012	£321,594	£3,118	16
2011	£269,270	£3,751	20
2010	£246,354	£3,193	24
2009	£266,280	£2,997	23
2008	£301,818	£2,869	11
2007	£292,884	£3,343	22
2006	£263,478	£3,497	25
2005	£210,603	£2,819	19
2004	£235,012	£3,060	28
2003	£233,231	£2,627	38
2002	£216,616	£2,608	38
2001	£129,409	£2,010	11
2000	£144,935	£1,855	23
1999	£116,408	£1,560	25
1998	£109,985	£1,258	27
1997	£84,772	£1,130	28
1996	£78,338	£1,107	28
1995	£74,039	£1,048	18

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£208,273		11
2023	£262,762	£3,926	21
2022	£214,500	£4,122	20
2021	£249,269	£3,581	26
2020	£210,733	£3,793	15
2019	£256,179	£3,848	14
2018	£245,407	£4,156	27
2017	£225,727	£3,344	14
2016	£215,013	£3,434	27
2015	£208,619	£3,476	43
2014	£199,590	£3,252	24
2013	£170,938	£3,020	24
2012	£224,108	£3,211	18
2011	£240,974	£3,394	21
2010	£193,358	£3,134	18
2009	£165,400	£3,462	5
2008	£203,279	£3,567	7
2007	£226,383	£3,549	30
2006	£185,921	£3,047	26
2005	£203,053	£2,941	14
2004	£203,928	£2,814	23
2003	£220,539	£2,987	28
2002	£171,946	£2,432	26
2001	£113,698	£2,161	20
2000	£107,204	£1,869	12
1999	£78,223	£1,436	11
1998	£90,838	£1,392	17
1997	£83,782	£1,283	18
1996	£52,411	£860	9
1995	£61,208	£1,103	19

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£920,000		2
2023	£456,250		2
2022	£403,306	£3,488	6
2021	£787,714	£4,700	7
2020	£650,000		3
2019	£379,183	£1,661	6
2018	£391,812	£2,124	8
2017	£413,034	£11,174	10
2016	£567,778	£5,989	9
2015	£636,600	£5,414	5
2014	£389,933	£1,382	6
2013	£1,050,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£530,000	£5,146	1
2023	£327,500	£4,895	2
2022	£373,333	£5,411	3
2021	£397,591	£4,240	11
2020	£301,900	£3,911	5
2019	£374,298	£3,857	9
2018	£397,083	£4,076	6
2017	£558,050	£5,126	10
2016	£288,500	£3,609	4
2015	£438,750	£4,077	2
2014	£357,702	£3,313	9
2013	£211,600	£2,580	5
2012	£376,200	£4,308	5
2011	£499,722	£3,558	9
2010	£251,000	£3,209	3
2009	£535,158	£3,141	6
2008	£374,252	£2,655	7
2007	£324,864	£3,331	11
2006	£330,500	£2,925	12
2005	£246,956	£2,396	9
2004	£327,095	£2,521	10
2003	£309,333	£2,591	21
2002	£308,583	£2,522	6
2001	£224,750		1
2000	£155,023	£1,665	5
1999	£141,085	£1,505	10
1998	£143,493	£1,116	7
1997	£157,358	£1,325	10
1996	£108,000	£1,376	7
1995	£99,750	£968	4

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£475,833	£5,314	3
2022	£633,875	£6,340	4
2021	£784,750	£5,810	6
2020	£471,000	£4,684	5
2019	£631,683	£5,938	6
2018	£550,571	£4,808	7
2017	£869,750	£5,095	6
2016	£507,000	£4,263	3
2015	£602,492	£4,381	6
2014	£910,000	£4,469	5
2013	£393,167	£3,479	6
2012	£437,722	£4,095	9
2011	£549,833	£3,139	3
2010	£248,000	£2,531	1
2009	£323,050	£3,724	10
2008	£503,400	£4,014	5
2007	£382,636	£3,023	11
2006	£434,000	£2,590	6
2005	£339,000	£4,426	5
2004	£303,667	£2,383	3
2003	£327,958	£3,580	12
2002	£346,685	£3,136	13
2001	£340,723	£2,146	11
2000	£260,750	£3,287	5
1999	£181,429	£1,345	7
1998	£96,100	£954	2
1997	£146,400	£1,471	5
1996	£127,143	£993	7
1995	£120,375	£1,099	6

House Type in SO51 8EQ area

The most common house types in the SO51 8EQ postcode area are Terraced (59), Semi-detached (36), and Detached (33).

Total	140
Terraced	59
Semi-detached	36
Detached	33
Flat	7
Shared house	4
converted building	1
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (89), and Owned: Owns with a mortgage or loan (19).

Owned: Owns outright	89
Owned: Owns with a mortgage or loan	19
Private rented: Private landlord or letting agency	18
Social rented: Other social rented	10
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the SO51 8EQ have 2 people in household (69), and 1 person in household (51).

2 people in household	69
1 person in household	51
3 people in household	16
4 people in household	3
6 people in household	1
0 people in household	0
5 people in household	0
7 people in household	0
8 or more people in household	0