Local market reports › SO area › SO23 › SO23 0
City Centre market report SO23 0, Winchester
The SO23 0 (City Centre) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 2,582 HM Land Registry entries for SO23 0 (Winchester), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: a typical SO23 0 (Winchester) home changed hands for £405,000 in 2026 (median of 30 registered sales, up 1% on five years earlier), with the mean at £506,400, and by floor area homes here have averaged about £5,140 per square metre over the last five years. Source: 2,582 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
SO23 0 is a postcode sector: one group of streets inside SO23 (Winchester). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where SO23 0 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.
What buyers actually paid in SO23 0
30 sales were registered in SO23 0 in 2026, and the middle one of them, the median, went for £405,000. The mean works out at £506,400, a long way above it, which tells you a few very expensive sales are pulling the average up.
What a square metre costs in SO23 0
Per square metre, SO23 0 homes have averaged around £5,140 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
Set against the £285,000 England and Wales median, SO23 0 sits 42% above the national market.
The price of a typical SO23 0 home, 1995 to 2026
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £405,000 | £405,000 | 30 |
| 2025 | £455,000 | £465,880 | 65 |
| 2024 | £417,500 | £443,888 | 57 |
| 2023 | £411,600 | £452,248 | 58 |
| 2022 | £431,800 | £506,335 | 80 |
| 2021 | £400,000 | £506,452 | 96 |
| 2020 | £333,100 | £432,204 | 56 |
| 2019 | £395,000 | £517,750 | 102 |
| 2018 | £407,800 | £543,605 | 60 |
| 2017 | £325,000 | £443,267 | 53 |
| 2016 | £328,000 | £458,875 | 69 |
| 2015 | £310,100 | £438,171 | 93 |
| 2014 | £288,000 | £408,578 | 81 |
| 2013 | £262,000 | £376,992 | 92 |
| 2012 | £267,100 | £393,138 | 80 |
| 2011 | £295,000 | £445,337 | 79 |
| 2010 | £247,500 | £388,144 | 58 |
| 2009 | £222,500 | £357,671 | 57 |
| 2008 | £212,500 | £348,332 | 61 |
| 2007 | £230,000 | £390,144 | 101 |
| 2006 | £220,000 | £381,892 | 123 |
| 2005 | £205,000 | £364,817 | 119 |
| 2004 | £205,000 | £372,320 | 86 |
| 2003 | £174,200 | £320,919 | 90 |
| 2002 | £170,000 | £319,854 | 83 |
| 2001 | £136,500 | £262,414 | 98 |
| 2000 | £126,000 | £247,275 | 101 |
| 1999 | £95,000 | £189,330 | 106 |
| 1998 | £85,000 | £171,579 | 110 |
| 1997 | £80,000 | £164,064 | 94 |
| 1996 | £73,000 | £153,954 | 88 |
| 1995 | £58,000 | £126,083 | 56 |
In cash terms the typical SO23 0 home went from £58,000 in 1995 to £405,000 in 2026, roughly 7 times the price. Inflation explains only part of it: in today's money the rise is still about 221%, a genuine increase in what a home here costs. In inflation-adjusted terms the high-water mark was 2018. The market now sits about 25% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the SO23 0 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 2000 (+32.6% on the year before); the weakest, 2020 (−15.7%). 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) | −11.0% | −13.1% |
| 5 years (since 2021) | +0.2% | −4.4% |
| 10 years (since 2016) | +2.1% | −1.2% |
| 20 years (since 2006) | +3.1% | +0.3% |
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.
Transaction volumes
How many homes change hands
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.
SO23 0 recorded 30 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 100 sales a year before the financial crisis and 58 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.
What kind of market SO23 0 is
Only 30 sales completed here in the last twelve months of data, which makes SO23 0 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing. Within SO23, this sector trades 10% below the district median: one of its district's cheaper corners.
What homes rent for around SO23 0
The local authority for SO23 0 is Winchester, and its ONS average private rent currently stands at £1,505 a month (May 2026 figures). A one-bed averages £1,014 a month here and a four-or-more-bed £2,247, so size does most of the work in setting the rent.
Average monthly rent by size, Winchester
ONS Price Index of Private Rents, May 2026.
Set against the £405,000 median sold price, £1,505 a month is £18,060 a year, a gross yield of 4.5%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
SO23 0 (City Centre): the questions that come up
Is SO23 0 (City Centre) a good place to buy a house?
How much did a house sell for in SO23 0 (City Centre)?
Are property prices falling in SO23 0 (City Centre)?
What happens to SO23 0 prices now?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is roughly flat over five years in cash but down 20% 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.
What you could buy in SO23 now
The live side of the market holds 93 homes at the moment, listed by 6 agents publishing to HomesIndex.
These cover the whole SO23 district, not just SO23 0: live asking prices are collected per district.
34% of current listings sit under the prices comparable homes actually fetched. The comparison behind each listing uses recent recorded sales of similar homes close by.
- St. Thomas Street, St. Thomas House, SO23, Winchester
- Fraser Road, Kings Worthy, SO23, Winchester
- Northlands Drive, Winchester, Winchester
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every SO23 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
What another bedroom costs in SO
Real sold prices by size across the SO area, straight 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%) | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the SO area is the point: the same five years treated these districts very differently.
Five-year change in the median, SO area districts
The districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in SO23
A few minutes' walk can separate two very different markets. Here are SO23's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| SO23 7 | £450,000 | 63 |
| SO23 8 | £460,000 | 24 |
| SO23 9 | £685,000 | 22 |
Zoom out to the full SO23 district report for the type split, monthly volumes and how SO23 compares with its neighbours.
Before you sell in SO23 0: what the record supports
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in SO23 0, use the average prices map for a rough value: zoom from SO23 0's shading down to the sold homes on your own street. The figures above are every recorded SO23 0 sale; agents price with this same Land Registry record, and now you have it too.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim SO23 0.
Take it further
The AI answers from the same Land Registry data this report is built on, already scoped to SO23 0. Free after a one click sign in.
The live map plots every individual SO23 0 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.