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SO31 8 local market report Southampton

Every figure on this page comes from the public record: 4,448 sales registered with HM Land Registry in SO31 8 (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 data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

SO31 8 is a postcode sector: one group of streets inside SO31 (Southampton). 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 SO31 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.

£325,000median sold price, 2026
+6%five-year change (cash)
35sales in the last 12 months
4.5%gross rental yield (est.)

What a home in SO31 8 sells for

The 2026 median in SO31 8 is £325,000, from 35 registered sales; the mean, £345,800, sits modestly above it, the usual shape of a market with an expensive tail.

For scale: the England and Wales median is £273,500, so SO31 8 trades 19% above the country as a whole.

The price of a typical SO31 8 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.

Price at the timeIn today's money (CPIH)
£125k£250k£375k£500k1995200020052010201520202026 1995: £52,600 at the time · £111,674 in today's money · 116 sales1996: £56,000 at the time · £115,343 in today's money · 132 sales1997: £59,500 at the time · £119,173 in today's money · 167 sales1998: £65,000 at the time · £128,143 in today's money · 162 sales1999: £76,200 at the time · £148,316 in today's money · 151 sales2000: £90,000 at the time · £172,500 in today's money · 171 sales2001: £102,000 at the time · £191,510 in today's money · 171 sales2002: £128,000 at the time · £235,206 in today's money · 157 sales2003: £142,000 at the time · £255,489 in today's money · 145 sales2004: £172,500 at the time · £305,977 in today's money · 173 sales2005: £170,000 at the time · £295,466 in today's money · 170 sales2006: £172,000 at the time · £291,597 in today's money · 151 sales2007: £180,000 at the time · £298,199 in today's money · 154 sales2008: £178,000 at the time · £284,965 in today's money · 93 sales2009: £187,800 at the time · £294,840 in today's money · 102 sales2010: £178,000 at the time · £272,630 in today's money · 69 sales2011: £180,000 at the time · £265,385 in today's money · 67 sales2012: £169,200 at the time · £243,225 in today's money · 88 sales2013: £180,000 at the time · £252,953 in today's money · 105 sales2014: £208,000 at the time · £288,193 in today's money · 139 sales2015: £225,000 at the time · £310,500 in today's money · 107 sales2016: £268,000 at the time · £366,178 in today's money · 127 sales2017: £287,500 at the time · £382,963 in today's money · 171 sales2018: £327,000 at the time · £425,717 in today's money · 215 sales2019: £332,000 at the time · £425,009 in today's money · 235 sales2020: £331,000 at the time · £419,449 in today's money · 205 sales2021: £307,500 at the time · £380,242 in today's money · 188 sales2022: £327,500 at the time · £375,062 in today's money · 146 sales2023: £315,000 at the time · £338,025 in today's money · 88 sales2024: £294,200 at the time · £305,490 in today's money · 136 sales2025: £327,500 at the time · £327,500 in today's money · 112 sales2026: £325,000 at the time · £325,000 in today's money · 35 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£325,000£325,00035
2025£327,500£327,500112
2024£294,200£305,490136
2023£315,000£338,02588
2022£327,500£375,062146
2021£307,500£380,242188
2020£331,000£419,449205
2019£332,000£425,009235
2018£327,000£425,717215
2017£287,500£382,963171
2016£268,000£366,178127
2015£225,000£310,500107
2014£208,000£288,193139
2013£180,000£252,953105
2012£169,200£243,22588
2011£180,000£265,38567
2010£178,000£272,63069
2009£187,800£294,840102
2008£178,000£284,96593
2007£180,000£298,199154
2006£172,000£291,597151
2005£170,000£295,466170
2004£172,500£305,977173
2003£142,000£255,489145
2002£128,000£235,206157
2001£102,000£191,510171
2000£90,000£172,500171
1999£76,200£148,316151
1998£65,000£128,143162
1997£59,500£119,173167
1996£56,000£115,343132
1995£52,600£111,674116

In cash terms the typical SO31 8 home went from £52,600 in 1995 to £325,000 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 191%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2018; the current median sits about 24% 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 SO31 8 median

Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.

+50% -50% 0% 1996 · +6.5% on the year before1997 · +6.3% on the year before1998 · +9.2% on the year before1999 · +17.2% on the year before2000 · +18.1% on the year before2001 · +13.3% on the year before2002 · +25.5% on the year before2003 · +10.9% on the year before2004 · +21.5% on the year before2005 · −1.4% on the year before2006 · +1.2% on the year before2007 · +4.7% on the year before2008 · −1.1% on the year before2009 · +5.5% on the year before2010 · −5.2% on the year before2011 · +1.1% on the year before2012 · −6.0% on the year before2013 · +6.4% on the year before2014 · +15.6% on the year before2015 · +8.2% on the year before2016 · +19.1% on the year before2017 · +7.3% on the year before2018 · +13.7% on the year before2019 · +1.5% on the year before2020 · −0.3% on the year before2021 · −7.1% on the year before2022 · +6.5% on the year before2023 · −3.8% on the year before2024 · −6.6% on the year before2025 · +11.3% on the year before2026 · −0.8% on the year before200020052010201520202026

The strongest year on record here is 2002 (+25.5% on the year before); the weakest, 2021 (−7.1%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Annualised returns

PeriodCash, per yearReal terms, per year
1 years (since 2025)−0.8%−0.8%
5 years (since 2021)+1.1%−3.1%
10 years (since 2016)+1.9%−1.2%
20 years (since 2006)+3.2%+0.5%

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

How many homes change hands

Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.

125250 1995: 116 sales1996: 132 sales1997: 167 sales1998: 162 sales1999: 151 sales2000: 171 sales2001: 171 sales2002: 157 sales2003: 145 sales2004: 173 sales2005: 170 sales2006: 151 sales2007: 154 sales2008: 93 sales2009: 102 sales2010: 69 sales2011: 67 sales2012: 88 sales2013: 105 sales2014: 139 sales2015: 107 sales2016: 127 sales2017: 171 sales2018: 215 sales2019: 235 sales2020: 205 sales2021: 188 sales2022: 146 sales2023: 88 sales2024: 136 sales2025: 112 sales2026: 35 sales1995200020052010201520202026

SO31 8 recorded 35 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 162 sales a year before the financial crisis and 103 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.

What homes rent for around SO31 8

SO31 8 falls under Fareham, where the ONS puts the average private rent at £1,213 a month (May 2026 figures). A one-bed averages £857 a month here and a four-or-more-bed £1,997, so size does most of the work in setting the rent.

Average monthly rent by size, Fareham

ONS Price Index of Private Rents, May 2026.

1 bed: £857 a month£8571 bed2 bed: £1,106 a month£1,1062 bed3 bed: £1,371 a month£1,3713 bed4+ bed: £1,997 a month£1,9974+ bed

Set against the £325,000 median sold price, £1,213 a month is £14,556 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.

Will SO31 8 prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 6% over five years in cash but down 15% 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.

The risers and the fallers

The spread across the SO area is the point: the same five years treated these districts very differently.

Other street groups in SO31

Prices can differ sharply between two sectors a few minutes' walk apart. The rest of SO31, each linking to its own report:

SectorMedian (latest)Sales that year
SO31 1£394,50016
SO31 4£295,00011
SO31 5£315,00018
SO31 6£377,50051
SO31 7£380,00031
SO31 9£506,50032

Zoom out to the full SO31 district report for the type split, monthly volumes and how SO31 compares with its neighbours.

Dig further

Answers come from the same Land Registry data behind this report, and the AI knows you are asking about SO31 8. Free, with a one click sign in.

See every individual SO31 8 sale on the live map, mapped to the exact address, or the quick-reference SO31 8 price page. 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.

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.

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