Residential dwellings
18,248
Addressable residential units in the area (OS AddressBase).
SO40 house prices
Sold £4,161/m² · Median sold £360,437 (457 sales) · Index +1.7% y/y · Turnover 2.5% · 12 months, sales to Jun 2026, listings to Sep 2026
What is SO40?
SO40: residential dwellings 18,248.
HMO-shaped dwellings
0.2%
SO40 ranks 3rd of 8 neighbouring postcode districts for HMO-shaped dwellings.
Share of dwellings OS AddressBase classifies RH01/RH02/RH03: laid out as a house in multiple occupation. A statement about built form, not about a licence.
- Buildings
- 17,335
- Mixed-use buildings
- 85%
- HMO-shaped units
- 17%
- EPC A or B
- 5.7%
- EPC D or worse
- 54%
What does SO40 cost?
SO40: sold price per m² £4,161/m² (12 months to Jun 2026, 457 sales). +1.7% over the year to Jul 2026 by the house price index, which follows the same homes over time.
Sold price per m²
£4,161/m² 12 months to Jun 2026
457 sales
+1.7% over the year to Jul 2026 by the house price index, which follows the same homes over time.
Empirical-Bayes smoothed median of UPRN-matched completed sales per square metre (HM Land Registry Price Paid), monthly. 12-month figure: the monthly medians weighted by their sample, 12 months to Jun 2026, 457 sales.
Sold price
£360,437 12 months to Jun 2026
457 sales
+1.7% over the year to Jul 2026 by the house price index, which follows the same homes over time.
Empirical-Bayes smoothed median of UPRN-matched completed sales (HM Land Registry Price Paid), monthly. 12-month figure: the monthly medians weighted by their sample, 12 months to Jun 2026, 457 sales.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own carries the parent area's price rather than a measurement, and is not published with no sample.
Asking price
£367,101 12 months to Sep 2026
1,072 listings
+1.5% on the previous 12 months.
Median ASKING price of residential sale listings that came to market in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 1,072 listings.
Sample is the dated listings that came to market in the latest month (added and reduced cohorts).
Settled months to Jul 2026; the dashed tail is the published projection of the index 8 months ahead, inside its 80% band. A projection of the index, not a forecast of any home's price.
ObservedForecast with intervalIndex points, not property prices
What does SO40 earn?
SO40: asking rent £1,255/month (12 months to Sep 2026, 180 lets).
Asking rent
£1,255/month 12 months to Sep 2026
180 lets
Median asking rent per calendar month of residential lettings in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 180 lets.
Gross yield, asking basis
4.1% 12 months to Sep 2026
245 lets
+1.3% on the previous 12 months.
Cell asking rent × 12 over the same cell's asking sale price, before costs, voids and finance (cells with fewer than 5 dated listings are not built). 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 245 lets.
Sample is the dated lettings behind the latest month's rent cell.
How does SO40 vary by home size?
Asking price in SO40 runs from £180,878 for 1 bedroom to £534,289 for 4 bedrooms.
| Homes | Asking price | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £180,878 | 12 months to Sep 2026 · 7 of 12 months observed | — | 62 |
| 2 bedrooms | £269,509 | 12 months to Sep 2026 | -2.7% on the previous 12 months | 266 |
| 3 bedrooms | £386,911 | 12 months to Sep 2026 | +4.1% on the previous 12 months | 481 |
| 4 bedrooms | £534,289 | 12 months to Sep 2026 | +6.2% on the previous 12 months | 190 |
| 5+ bedrooms | Not published | — | — | — |
Asking price by bedroom band: the monthly medians of sale listings that came to market, weighted by their dated listings, within the last 12 calendar months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
How liquid is SO40?
SO40: turnover 2.5% (12 months to Mar 2026, 459 sales). -26.8% on the previous 12 months.
Turnover
2.5% 12 months to Mar 2026
459 sales
-26.8% on the previous 12 months.
Registered sales as a share of the dwelling stock, monthly; the 12-month figure adds the months. UPRN-matched sales, a floor on the registry count; the newest months fill in as registrations land. 12-month figure: the months added, 12 months to Mar 2026, 459 sales.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own has a rate of zero by arithmetic rather than a measured rate, and is not published with no sample.
Completed sales
575 12 months to Mar 2026
575 sales
-20.7% on the previous 12 months.
Count of HM Land Registry Price Paid completions in the month for the postcode district, straight off the registry; the newest months are still registering. 12-month figure: the months added, 12 months to Mar 2026, 575 sales.
Sample is the registry count itself; months within six months of the last ingest are still filling.
Listings for sale
657 12 months to Sep 2026
657 listings
Residential sale listings observed in the month, from portal listings. 12-month figure: the months added, 12 months to Sep 2026, 657 listings.
Who is active in SO40?
23 agents listed homes for sale in SO40; the three largest took 57% of the listings.
- Agents active
- 23
- Top three agents’ share
- 57%
- New homes among listings
- 6.0%
Days to completion is on the listings matched to a registered sale, not a sell-through rate.
Who owns SO40?
Corporate landlords hold 66% of the 584 units in SO40 whose freeholder is classified; 97% of all units are not yet classified.
- Corporate landlords66% of classified · 385 units
- Housing associations17% of classified · 100 units
- Individuals (not traceable in bulk)16% of classified · 96 units
- RMC0.5% of classified · 3 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does SO40 rank?
SO40 ranks 5th of 6 postcode districts in New Forest for sold price per m², at £4,161/m².
Sold price per m² · postcode districts in New Forest
SO40 ranks 5th of 6 postcode districts in New Forest for sold price per m², at £4,161/m².
| # | Area | Sold price per m² | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | SO41 | £5,117/m² | 12 months to Jun 2026 · from monthly figures | 417 | measured |
| 2 | BH25 | £4,465/m² | 12 months to Jun 2026 · from monthly figures | 317 | measured |
| 3 | SP6 | £4,391/m² | 12 months to Jun 2026 · from monthly figures | 136 | measured |
| 4 | BH24 | £4,330/m² | 12 months to Jun 2026 · from monthly figures | 233 | measured |
| 5 | SO40 | £4,161/m² | 12 months to Jun 2026 · from monthly figures | 457 | measured |
Full table: sold price per m² across postcode districts in New Forest
Gross yield, asking basis · postcode districts in New Forest
SO40 ranks 3rd of 6 postcode districts in New Forest for gross yield, asking basis, at 4.1%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | SO45 | 4.7% | 12 months to Sep 2026 · from monthly figures | 179 | measured |
| 2 | SP6 | 4.2% | 12 months to Sep 2026 · from monthly figures | 158 | measured |
| 3 | SO40 | 4.1% | 12 months to Sep 2026 · from monthly figures | 245 | measured |
| 4 | SO41 | 3.6% | 12 months to Sep 2026 · from monthly figures | 344 | measured |
| 5 | BH25 | 3.4% | 12 months to Sep 2026 · from monthly figures | 165 | measured |
Full table: gross yield, asking basis across postcode districts in New Forest
Turnover · postcode districts in New Forest
SO40 ranks 1st of 6 postcode districts in New Forest for turnover, at 2.5%.
| # | Area | Turnover | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | SO40 | 2.5% | 12 months to Mar 2026 · from monthly figures | 459 | measured |
| 2 | SO41 | 2.3% | 12 months to Mar 2026 · from monthly figures | 401 | measured |
| 3 | BH25 | 2.3% | 12 months to Mar 2026 · from monthly figures | 319 | measured |
| 4 | SP6 | 2.2% | 12 months to Mar 2026 · from monthly figures | 156 | measured |
| 5 | SO45 | 2.1% | 12 months to Mar 2026 · from monthly figures | 331 | measured |
Full table: turnover across postcode districts in New Forest
Where next from SO40?
- New ForestThe wider market this area sits in.
- BH24Neighbouring postcode district · Asking £5,099/m² · Sep 2026
- BH25Neighbouring postcode district · Asking £4,323/m² · Sep 2026
- SO41Neighbouring postcode district · Asking £5,787/m² · Sep 2026
- SO42Neighbouring postcode district · Asking £9,195/m² · Sep 2026
- SO43Neighbouring postcode district · Asking £5,841/m² · Sep 2026
- SO45Neighbouring postcode district · Asking £4,331/m² · Sep 2026
- SP6Neighbouring postcode district · Asking £4,218/m² · Sep 2026
- SO15Next door, in another authority · Asking £3,183/m² · Sep 2026
- SO16Next door, in another authority · Asking £3,376/m² · Sep 2026
- SO51Next door, in another authority · Asking £4,508/m² · Sep 2026
- SO14Next door, in another authority · Asking £2,915/m² · Sep 2026
Questions about SO40
- What is the median house price in SO40?
- Homes in SO40 sold for a median £360,437 over the 12 months to Jun 2026, 457 sales. Per square metre that is £4,161/m². Registered completions, not asking prices.
- How have house prices in SO40 changed?
- +1.7% over the year to Jul 2026 by the house price index, which follows the same homes over time.
- What is the average rent in SO40?
- Homes to let in SO40 asked a median £1,255/month over the 12 months to Sep 2026, 180 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in SO40?
- 4.1% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Sep 2026, 245 lets. +1.3% on the previous 12 months.
- How quickly do homes sell in SO40?
- 2.5% of the homes in SO40 changed hands over the 12 months to Mar 2026, 459 sales.
- What kind of homes are in SO40?
- SO40 has 18,248 homes, 0.2% laid out as houses in multiple occupation.
Construction costs Context for residential research
Sector and regional evidence. These figures are not a quote for an individual property.
Reading the cost index and the regional factors…
Everything else about SO40
- Property values in SO40Every addressable home with its floor area, tenure and last recorded sale.
- Land and development sites in SO40Registered land with its area, tenure and what stands on it.
- Houses and flats for sale in SO40What is on the market right now, with the evidence beside each asking price.
- Flats and houses to rent in SO40What is available to rent, with the recorded rent and yield beside each asking price.
- Sold house prices in SO40Registered completions from Price Paid, newest first.
- Planning applications in SO40What was proposed, who decided it and whether it was approved.
- Estate agents in SO40Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Residential dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| HMO-shaped dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| Sold price per m² | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Jun 2026 | Jun 2026 | 457 sales |
| Sold price | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Jun 2026 | Jun 2026 | 457 sales |
| Asking price | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 1,072 listings |
| Asking price per m² | Portal listings | 12 months to Sep 2026 | Sep 2026 | 657 listings |
| Asking to sold | Portal listings, monthly rollup | 12 months to Nov 2024 | Nov 2024 | 51 matched sales |
| Asking rent | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 180 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 245 lets |
| Turnover | MarketCode market evidence | 12 months to Mar 2026 | Mar 2026 | 459 sales |
| Completed sales | MarketCode market evidence | 12 months to Mar 2026 | Mar 2026 | 575 sales |
| Listings for sale | Portal listings | 12 months to Sep 2026 | Sep 2026 | 657 listings |
| New listings | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 737 listings |
| Price reductions | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 335 listings |
| Live listings | MarketCode market evidence | on 4 Nov 2026 | 4 Nov 2026 | — |
| Days to completion | First listing to registered completion, over the listings matched to a registered sale; not a sell-through rate | 12 months to Nov 2024 | Nov 2024 | 51 matched sales |
Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0.