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City Centre market report SO23 9, Winchester
The standing SO23 9 (City Centre) property market report, rebuilt from the full public record every month. Everything below comes from 2,686 sales recorded by HM Land Registry in SO23 9 (Winchester) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the 2026 median for SO23 9 (Winchester) is £685,000, from 22 registered sales, up 14% on five years earlier; the mean is £748,900, and by floor area homes here have averaged about £6,260 per square metre over the last five years. Behind the figures sit 2,686 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
SO23 9 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 9 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 9
Take the 22 registered 2026 sales in SO23 9 and the middle price, the median, is £685,000. The mean lands at £748,900, modestly above it, the usual shape of a market with an expensive tail.
House prices per square metre in SO23 9
Measured by floor area, the last five years of SO23 9 sales average about £6,260 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.
The national median for England and Wales is £285,000, which puts SO23 9 140% above the country at large.
The price of a typical SO23 9 home, 1995 to 2026
The cash median beside its inflation-adjusted twin (ONS CPIH). The adjusted line answers the harder question, whether homes really got dearer. Hover for the figures; the legend toggles each series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £685,000 | £685,000 | 22 |
| 2025 | £677,500 | £693,701 | 62 |
| 2024 | £545,000 | £579,447 | 70 |
| 2023 | £676,000 | £742,759 | 59 |
| 2022 | £682,500 | £800,309 | 80 |
| 2021 | £600,000 | £759,677 | 96 |
| 2020 | £555,000 | £720,124 | 52 |
| 2019 | £485,000 | £635,719 | 66 |
| 2018 | £617,500 | £823,139 | 64 |
| 2017 | £580,000 | £791,062 | 59 |
| 2016 | £435,000 | £608,569 | 87 |
| 2015 | £475,000 | £671,175 | 86 |
| 2014 | £415,000 | £588,750 | 87 |
| 2013 | £350,000 | £503,615 | 75 |
| 2012 | £453,200 | £667,054 | 58 |
| 2011 | £355,000 | £535,913 | 87 |
| 2010 | £315,000 | £494,001 | 73 |
| 2009 | £340,000 | £546,553 | 68 |
| 2008 | £385,000 | £631,096 | 72 |
| 2007 | £365,000 | £619,142 | 106 |
| 2006 | £296,200 | £514,165 | 136 |
| 2005 | £285,000 | £507,185 | 88 |
| 2004 | £290,000 | £526,697 | 107 |
| 2003 | £254,000 | £467,930 | 82 |
| 2002 | £247,000 | £464,728 | 116 |
| 2001 | £213,500 | £410,443 | 114 |
| 2000 | £172,000 | £337,550 | 130 |
| 1999 | £150,000 | £298,942 | 105 |
| 1998 | £126,200 | £254,744 | 95 |
| 1997 | £125,000 | £256,350 | 102 |
| 1996 | £105,000 | £221,440 | 110 |
| 1995 | £99,000 | £215,211 | 72 |
In cash terms the typical SO23 9 home went from £99,000 in 1995 to £685,000 in 2026, roughly 7 times the price. Inflation explains only part of it: in today's money the rise is still about 218%, a genuine increase in what a home here costs. Measured in today's money the market peaked in 2018; the current median sits about 17% below that. Someone who bought at the 2018 peak has not yet seen that price back in real terms.
Year-on-year change in the SO23 9 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 2017 (+33.3% on the year before); the weakest, 2013 (−22.8%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +1.1% | −1.3% |
| 5 years (since 2021) | +2.7% | −2.0% |
| 10 years (since 2016) | +4.6% | +1.2% |
| 20 years (since 2006) | +4.3% | +1.4% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
Transaction volumes
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.
Over the last twelve months of data, 22 sales completed in SO23 9. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 110 sales a year before the financial crisis and 59 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.
How SO23 9 trades
This is a thin market: 22 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. 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 52% above the district median: one of the dearer corners of its district.
What tenants pay around SO23 9
SO23 9 falls under Winchester, where the ONS puts the average private rent at £1,505 a month (May 2026 figures). Size sets most of the rent: one-beds average £1,014 a month here against £2,247 for four or more bedrooms.
Average monthly rent by size, Winchester
ONS Price Index of Private Rents, May 2026.
Against the £685,000 median purchase price, a rent of £1,505 a month (£18,060 a year) works out at a 2.6% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
Asked and answered: SO23 9 (City Centre)
Are property prices falling in SO23 9 (City Centre)?
Is SO23 9 (City Centre) a good place to buy a house?
How much did a house sell for in SO23 9 (City Centre)?
Are SO23 9 prices heading up or down?
The record answers a different question than "what happens next": the median is up 14% over five years in cash but down 10% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
What you could buy in SO23 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 9: live asking prices are collected per district.
34% of current listings sit under the prices comparable homes actually fetched. Every listing is measured against recent recorded sales of similar nearby homes.
- 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 →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
Bedroom by bedroom: SO prices by size
The Land Registry record, split by size: what each kind of home actually sold for across the SO area. 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. 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
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 8 | £460,000 | 24 |
Zoom out to the full SO23 district report for the type split, monthly volumes and how SO23 compares with its neighbours.
Selling in SO23 9? Start from the sold record
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at SO23 9'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 9.
Go deeper
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about SO23 9. Free, with a one click sign in.
See every individual SO23 9 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale 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.