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Bassett market report SO16, Southampton
The standing SO16 (Bassett) property market report, rebuilt from the full public record every month. Every figure on this page comes from the public record: 30,573 sales registered with HM Land Registry in SO16 (Southampton) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.
Sales recorded to July 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the typical home in SO16 (Southampton) sold for £273,000 in 2026, the median of 299 registered sales, up 9% on five years earlier. The mean was £303,000, and by floor area homes here have averaged about £3,480 per square metre over the last five years. The figures cover 30,573 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
SO16 is the postcode district covering Bassett, Lordswood, Lordshill in Southampton. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.
Where SO16 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
SO16 sold prices: where the market stands
Take the 299 registered 2026 sales in SO16 and the middle price, the median, is £273,000. The mean lands at £303,000, modestly above it, the usual shape of a market with an expensive tail.
SO16 prices by floor area
Measured by floor area, the last five years of SO16 sales average about £3,480 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
For scale: the England and Wales median is £285,000, so SO16 trades 4% below the country as a whole.
SO16's median sold price, 1995 to 2026
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £273,000 | £273,000 | 299 |
| 2025 | £275,000 | £281,576 | 665 |
| 2024 | £277,500 | £295,040 | 649 |
| 2023 | £255,000 | £280,183 | 668 |
| 2022 | £279,000 | £327,159 | 827 |
| 2021 | £250,000 | £316,532 | 994 |
| 2020 | £240,000 | £311,405 | 689 |
| 2019 | £234,200 | £306,980 | 750 |
| 2018 | £228,000 | £303,928 | 843 |
| 2017 | £217,500 | £296,648 | 905 |
| 2016 | £196,000 | £274,206 | 836 |
| 2015 | £185,000 | £261,405 | 973 |
| 2014 | £175,000 | £248,268 | 1,027 |
| 2013 | £161,500 | £232,382 | 804 |
| 2012 | £160,000 | £235,500 | 631 |
| 2011 | £159,000 | £240,029 | 658 |
| 2010 | £160,000 | £250,921 | 641 |
| 2009 | £155,000 | £249,164 | 678 |
| 2008 | £155,000 | £254,078 | 679 |
| 2007 | £162,000 | £274,797 | 1,287 |
| 2006 | £150,500 | £261,249 | 1,406 |
| 2005 | £145,000 | £258,042 | 1,207 |
| 2004 | £143,200 | £260,079 | 1,324 |
| 2003 | £129,000 | £237,649 | 1,194 |
| 2002 | £113,000 | £212,609 | 1,403 |
| 2001 | £87,000 | £167,253 | 1,345 |
| 2000 | £78,000 | £153,075 | 1,164 |
| 1999 | £64,200 | £127,947 | 1,358 |
| 1998 | £60,000 | £121,114 | 1,291 |
| 1997 | £58,000 | £118,946 | 1,359 |
| 1996 | £53,000 | £111,775 | 1,150 |
| 1995 | £49,000 | £106,518 | 869 |
In cash terms the typical SO16 home went from £49,000 in 1995 to £273,000 in 2026, roughly 6 times the price. Adjusted for inflation it still comes to a real rise of roughly 156%, so homes here got dearer in substance, not only in cash. The real-terms peak came in 2022, and today's median remains roughly 17% under it: a 2022 buyer is still waiting to get that price back in today's money.
Year-on-year change in the SO16 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2002 (+29.9% on the year before); the weakest, 2023 (−8.6%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −0.7% | −3.0% |
| 5 years (since 2021) | +1.8% | −2.9% |
| 10 years (since 2016) | +3.4% | 0.0% |
| 20 years (since 2006) | +3.0% | +0.2% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of terraced homes dominate the record here, 31% of the typed total. A detached home currently trades at £482,500 against £160,000 for a flat, 3.0 times the price.
Median by property type, SO16
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £482,500 | 62 | 6,163 |
| Semi-detached | £310,000 | 62 | 7,910 |
| Terraced | £266,200 | 98 | 9,539 |
| Flats | £160,000 | 77 | 6,961 |
Sales activity in SO16
The year-by-year sales count
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
The monthly pulse, last five years
Registrations by month. The repeating sawtooth is seasonality, and the right-hand edge always dips because the register lags completions.
SO16 recorded 581 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 1,291 sales a year before the financial crisis and 622 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
The shape of the SO16 market
In its area's price order SO16 comes 19 of 23, towards the cheaper end of the table.
The rental side of SO16
The local authority for SO16 is Southampton, and its ONS average private rent currently stands at £1,250 a month (May 2026 figures). Size sets most of the rent: one-beds average £875 a month here against £1,882 for four or more bedrooms.
Average monthly rent by size, Southampton
ONS Price Index of Private Rents, May 2026.
£1,250 a month is £15,000 a year, which against the £273,000 median sold price makes a gross yield of 5.5%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
SO16 (Bassett): the questions that come up
Are property prices falling in SO16 (Bassett)?
Is SO16 (Bassett) a good place to buy a house?
How much did a house sell for in SO16 (Bassett)?
What happens to SO16 prices now?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 9% over five years in cash but down 14% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.
SO16's current homes for sale
Everything above is what homes in SO16 sold for. This is what you could actually buy today: 132 homes currently on the market from 8 agents publishing to HomesIndex, at a typical asking price 8% below the SO16 median sold price.
Of everything listed here, 22% asks less than the sold record of comparable homes. Every listing is measured against recent recorded sales of similar nearby homes.
- Taranto Road, Southampton
- Charmouth Terrace, Irving Road, South...
- Mercury Close, Southampton, Southampton
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every SO16 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
What another bedroom costs in SO
What homes of each size actually sold for across the SO area, from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £369,500 | £515,000 (+39%) | £775,000 (+50%) | £1,194,217 (+54%) |
| Semi-detached | £275,000 | £316,000 (+15%) | £375,000 (+19%) | £495,000 (+32%) | £837,500 (+69%) |
| Terraced | £255,000 | £282,450 (+11%) | £320,000 (+13%) | £480,125 (+50%) | £792,000 (+65%) |
| Flat | £155,000 | £220,000 (+42%) | £387,250 (+76%) | £750,000 (+94%) | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
SO16 ranks 6 of 23 in the SO area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
Winners and losers across the SO area, five years
Cash-terms risers and fallers across the area; click any row for that district's full report.
Inside SO16, sector by sector
The next slice down is the postcode sector: a group of streets, each with its own report. Two sectors a short walk apart can trade at sharply different prices.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| SO16 0 | £362,500 | 16 |
| SO16 2 | £327,500 | 5 |
| SO16 3 | £320,000 | 35 |
| SO16 4 | £207,500 | 34 |
| SO16 5 | £278,500 | 24 |
| SO16 6 | £185,000 | 27 |
| SO16 7 | £300,000 | 35 |
| SO16 8 | £301,500 | 62 |
| SO16 9 | £237,000 | 61 |
How SO16 compares nearby
Same city, different markets. The neighbouring districts of the SO area, dearest first:
| District | Median | 5-year |
|---|---|---|
| SO42 | £790,000 | +11% |
| SO20 | £575,000 | -10% |
| SO22 | £551,200 | -2% |
| SO24 | £525,000 | +7% |
| SO21 | £520,000 | -1% |
| SO41 | £500,000 | +5% |
| SO43 | £475,000 | +2% |
| SO23 | £450,000 | -8% |
| SO32 | £447,500 | -3% |
| SO51 | £405,000 | -1% |
| SO53 | £380,000 | -1% |
| SO52 | £357,500 | +11% |
| SO31 | £355,000 | -1% |
| SO30 | £347,500 | +9% |
| SO40 | £335,500 | +8% |
| SO50 | £321,000 | +5% |
| SO45 | £315,000 | +2% |
| SO18 | £284,000 | +14% |
| SO16 (this report) | £273,000 | +9% |
| SO19 | £265,000 | +10% |
| SO15 | £255,000 | +11% |
| SO17 | £225,000 | -1% |
| SO14 | £200,000 | -2% |
Thinking of selling in SO16? Get a rough value first
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at SO16's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim SO16.
Dig further
Behind the answers sits the same Land Registry record as this page, with SO16 already set as the subject. Free, one click sign in.
Two maps carry on from here: every SO16 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.