Local market reports › SO area › SO23 › SO23 7
City Centre market report SO23 7, Winchester
The SO23 7 (City Centre) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 5,693 HM Land Registry entries for SO23 7 (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 recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the typical home in SO23 7 (Winchester) sold for £450,000 in 2026, the median of 63 registered sales, down 9% on five years earlier. The mean was £517,600, and by floor area homes here have averaged about £5,200 per square metre over the last five years. The figures cover 5,693 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
SO23 7 is one sector of SO23 (Winchester): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where SO23 7 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 SO23 7 homes really sell for
The SO23 7 median stands at £450,000 for 2026, built from 63 registered sales; the mean, the figure usually quoted as the "average house price", is £517,600, well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.
House prices per square metre in SO23 7
Per square metre, SO23 7 homes have averaged around £5,200 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.
For scale: the England and Wales median is £285,000, so SO23 7 trades 58% above the country as a whole.
A typical SO23 7 home, priced year by year (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 | £450,000 | £450,000 | 63 |
| 2025 | £521,000 | £533,459 | 138 |
| 2024 | £545,000 | £579,447 | 142 |
| 2023 | £525,000 | £576,847 | 129 |
| 2022 | £495,000 | £580,444 | 158 |
| 2021 | £492,500 | £623,569 | 228 |
| 2020 | £430,000 | £557,934 | 132 |
| 2019 | £416,900 | £546,456 | 140 |
| 2018 | £365,200 | £486,818 | 158 |
| 2017 | £440,000 | £600,116 | 158 |
| 2016 | £400,000 | £559,604 | 155 |
| 2015 | £356,500 | £503,735 | 148 |
| 2014 | £335,000 | £475,256 | 221 |
| 2013 | £350,000 | £503,615 | 208 |
| 2012 | £292,500 | £430,523 | 164 |
| 2011 | £308,100 | £465,113 | 174 |
| 2010 | £295,500 | £463,420 | 150 |
| 2009 | £269,200 | £432,741 | 140 |
| 2008 | £295,000 | £483,567 | 110 |
| 2007 | £280,000 | £474,958 | 233 |
| 2006 | £275,000 | £477,365 | 275 |
| 2005 | £250,000 | £444,899 | 188 |
| 2004 | £249,600 | £453,322 | 198 |
| 2003 | £230,000 | £423,716 | 225 |
| 2002 | £215,000 | £404,521 | 234 |
| 2001 | £182,200 | £350,270 | 315 |
| 2000 | £142,500 | £279,656 | 163 |
| 1999 | £134,500 | £268,051 | 238 |
| 1998 | £128,200 | £258,781 | 188 |
| 1997 | £91,800 | £188,263 | 212 |
| 1996 | £92,000 | £194,024 | 190 |
| 1995 | £82,400 | £179,125 | 118 |
In cash terms the typical SO23 7 home went from £82,400 in 1995 to £450,000 in 2026, roughly 5 times the price. Inflation explains only part of it: in today's money the rise is still about 151%, a genuine increase in what a home here costs. The real-terms peak came in 2021, and today's median remains roughly 28% under it: a 2021 buyer is still waiting to get that price back in today's money.
Year-on-year change in the SO23 7 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 1998 (+39.7% on the year before); the weakest, 2018 (−17.0%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What SO23 7 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −13.6% | −15.6% |
| 5 years (since 2021) | −1.8% | −6.3% |
| 10 years (since 2016) | +1.2% | −2.2% |
| 20 years (since 2006) | +2.5% | −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.
How many homes change hands in SO23 7
The year-by-year sales count
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
SO23 7 recorded 63 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 229 sales a year before the financial crisis and 126 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
The shape of the SO23 7 market
The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching.
What tenants pay around SO23 7
The local authority for SO23 7 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 £450,000 median sold price, £1,505 a month is £18,060 a year, a gross yield of 4.0%: 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.
What people ask about SO23 7 (City Centre)
Is SO23 7 (City Centre) a good place to buy a house?
How much did a house sell for in SO23 7 (City Centre)?
Are property prices falling in SO23 7 (City Centre)?
What happens to SO23 7 prices now?
That question has no honest answer, only evidence. The evidence: the median is down 9% over five years in cash but down 28% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
What is for sale in SO23 right now
This is what you could actually buy today: 93 homes currently on the market from 6 agents publishing to HomesIndex.
These cover the whole SO23 district, not just SO23 7: live asking prices are collected per district.
34% of what is on the market here is asking below what comparable homes actually sold for. Each listing is compared with recent recorded sales of similar homes nearby.
- St. Thomas Street, St. Thomas House, SO23, Winchester
- Fraser Road, Kings Worthy, SO23, Winchester
- Northlands Drive, Winchester, Winchester
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
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.
Moving up a bedroom in SO: the cost
The Land Registry record, split by size: what each kind of home actually sold for across the SO area. 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%) | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Where too few homes exist to say anything meaningful, the cell is 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
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in SO23
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of SO23, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| SO23 0 | £405,000 | 30 |
| 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.
Selling a home in SO23 7? Price it on the evidence
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at SO23 7'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 SO23 7.
Dig further
The AI answers from the same Land Registry data this report is built on, already scoped to SO23 7. Free after a one click sign in.
The live map plots every individual SO23 7 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.
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.