Local market reports › SO area › SO23 › SO23 8
City Centre market report SO23 8, Winchester
The SO23 8 (City Centre) house price history in full, 1995 to 2026, in cash and in today's money. Every figure on this page comes from the public record: 2,299 sales registered with HM Land Registry in SO23 8 (Winchester) 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 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the middle 2026 sale in SO23 8 (Winchester) came in at £460,000, out of 24 registered, up 14% on five years earlier, and the mean stands at £451,200, and by floor area homes here have averaged about £5,330 per square metre over the last five years. The record behind it is 2,299 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
SO23 8 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 8 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.
SO23 8 sold prices: where the market stands
Across 24 registered 2026 sales, the typical (median) SO23 8 home went for £460,000. The mean is £451,200, practically level with it: prices here bunch tightly around the middle.
What a square metre costs in SO23 8
Per square metre, SO23 8 homes have averaged around £5,330 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.
England and Wales as a whole trade at a £285,000 median, leaving SO23 8 61% above the national figure.
The price of a typical SO23 8 home, 1995 to 2026
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £460,000 | £460,000 | 24 |
| 2025 | £497,500 | £509,397 | 60 |
| 2024 | £410,000 | £435,914 | 49 |
| 2023 | £365,000 | £401,046 | 40 |
| 2022 | £390,000 | £457,320 | 55 |
| 2021 | £405,000 | £512,782 | 58 |
| 2020 | £437,500 | £567,665 | 36 |
| 2019 | £427,500 | £560,350 | 38 |
| 2018 | £400,000 | £533,208 | 47 |
| 2017 | £410,000 | £559,199 | 68 |
| 2016 | £421,000 | £588,983 | 69 |
| 2015 | £365,000 | £515,745 | 73 |
| 2014 | £340,000 | £482,349 | 79 |
| 2013 | £362,500 | £521,601 | 73 |
| 2012 | £275,000 | £404,766 | 60 |
| 2011 | £245,000 | £369,856 | 85 |
| 2010 | £305,000 | £478,319 | 64 |
| 2009 | £262,600 | £422,132 | 49 |
| 2008 | £230,000 | £377,019 | 44 |
| 2007 | £220,500 | £374,029 | 140 |
| 2006 | £250,000 | £433,968 | 104 |
| 2005 | £225,000 | £400,409 | 83 |
| 2004 | £225,000 | £408,644 | 100 |
| 2003 | £240,000 | £442,138 | 95 |
| 2002 | £208,000 | £391,350 | 95 |
| 2001 | £145,000 | £278,755 | 75 |
| 2000 | £165,000 | £323,813 | 91 |
| 1999 | £128,200 | £255,496 | 94 |
| 1998 | £106,200 | £214,372 | 78 |
| 1997 | £88,000 | £180,470 | 121 |
| 1996 | £92,500 | £195,078 | 105 |
| 1995 | £72,500 | £157,604 | 47 |
In cash terms the typical SO23 8 home went from £72,500 in 1995 to £460,000 in 2026, roughly 6 times the price. Inflation explains only part of it: in today's money the rise is still about 192%, a genuine increase in what a home here costs. Measured in today's money the market peaked in 2016; the current median sits about 22% below that. Someone who bought at the 2016 peak has not yet seen that price back in real terms.
Year-on-year change in the SO23 8 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 (+43.4% on the year before); the weakest, 2011 (−19.7%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What SO23 8 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −7.5% | −9.7% |
| 5 years (since 2021) | +2.6% | −2.1% |
| 10 years (since 2016) | +0.9% | −2.4% |
| 20 years (since 2006) | +3.1% | +0.3% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
The turnover behind the prices
How many homes change hands
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
The register shows 24 SO23 8 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 98 sales a year before the financial crisis and 46 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.
Rents around SO23 8
For renting purposes SO23 8 sits in Winchester. The ONS average private rent there is £1,505 a month (May 2026). 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 £460,000 median sold price, £1,505 a month is £18,060 a year, a gross yield of 3.9%: 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.
How SO23 8 trades
Only 24 sales completed here in the last twelve months of data, which makes SO23 8 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint.
Asked and answered: SO23 8 (City Centre)
How much did a house sell for in SO23 8 (City Centre)?
Are property prices falling in SO23 8 (City Centre)?
Is SO23 8 (City Centre) a good place to buy a house?
Are SO23 8 prices heading up or down?
No honest page predicts prices, so this one sticks to the record: the median is up 14% over five years in cash but down 10% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
SO23's current homes for sale
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 8: 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 →
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.
Bedroom by bedroom: SO prices by size
What homes of each size actually sold for across the SO area, from the Land Registry record. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| 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. 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
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in SO23
Sector boundaries hide real price steps. The rest of SO23, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| SO23 0 | £405,000 | 30 |
| SO23 7 | £450,000 | 63 |
| 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 8: what the record supports
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in SO23 8, open the average prices map and zoom from the SO23 8 shading down to the sold homes on your own street. Every recorded SO23 8 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Estate agents working SO23 8: the featured spot on this report is free for founding agents, one per district. Claim SO23 8.
Take it further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about SO23 8. Free, with a one click sign in.
Two maps carry on from here: every SO23 8 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.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.