marketcodeAsking rent
£1,479 a month 12 months to Jul 2026
199 lets
Postcode district
SO53 rental market
Asking rent £1,479 a month · Gross yield 3.9% · 12 months, listings to Aug 2026
What is SO53?
- Buildings
- 11,333
- Mixed-use buildings
- 58%
- HMO-shaped units
- 0.0%
What does SO53 earn?
SO53: asking rent £1,479 a month (12 months to Jul 2026, 199 lets).
Gross yield, asking basis
3.9% 12 months to Aug 2026
291 lets
+5% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
38 on 20 Sep 2026
How does SO53 vary by home size?
Asking rent in SO53 runs from £916 a month for 1 bedroom to £2,181 a month for 4 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £916 a month | 12 months to May 2026 | — | 57 |
| 2 bedrooms | £1,235 a month | 12 months to Aug 2026 | +3.7% on the previous 12 months | 130 |
| 3 bedrooms | £1,567 a month | 12 months to Aug 2026 | +1.1% on the previous 12 months | 94 |
| 4 bedrooms | £2,181 a month | 12 months to Jun 2026 | — | 68 |
| 5+ bedrooms | Not published | — | — | — |
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Who owns SO53?
Corporate landlords hold 83% of the 291 units in SO53 whose freeholder is classified; 98% of all units are not yet classified.
- Corporate landlords83% of classified · 241 units
- Individuals (not traceable in bulk)12% of classified · 34 units
- Housing associations4.1% of classified · 12 units
- RMC1.4% of classified · 4 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 SO53 rank?
SO53 ranks 2nd of 5 postcode districts in Test Valley for asking rent, at £1,479 a month.
Asking rent · postcode districts in Test Valley
SO53 ranks 2nd of 5 postcode districts in Test Valley for asking rent, at £1,479 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | SO20 | £1,789 a month | 44 | indicative |
| 2 | SO53 | £1,479 a month | 199 | measured |
| 3 | SP11 | £1,476 a month | 222 | measured |
| 4 | SO51 | £1,471 a month | 200 | measured |
| 5 | SP10 | £1,122 a month | 300 | measured |
Full table: asking rent across postcode districts in Test Valley →
Gross yield, asking basis · postcode districts in Test Valley
SO53 ranks 4th of 6 postcode districts in Test Valley for gross yield, asking basis, at 3.9%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|
Where next from SO53?
- Test ValleyThe wider market this area sits in.
- SO20Neighbouring postcode district · £12,841/m²
- SO51Neighbouring postcode district · £4,485/m²
- SO52Neighbouring postcode district · £4,559/m²
- SP10Neighbouring postcode district · £3,738/m²
- SP11Neighbouring postcode district · £4,455/m²
- SO16Next door, in another authority · £3,955/m²
- SO21Next door, in another authority · £4,633/m²
- SO50Next door, in another authority · £3,901/m²
- Homes for sale in SO53Live sale listings, the same place and cohort.
- Homes to rent in SO53Live lettings, the same place.
- Completed sales in SO53Registered completions, newest first.
- Planning applications in SO53Applications and decisions on record.
- Buildings in SO53Every building with its units, parcel and freeholder.
- Land in SO53Parcels, titles and adjacent ownership.
- Properties in SO53Every addressable home with its floor area, tenure and last sale.
- Estate agents in SO53Who actually lists here, ranked by volume over 12 months.
Questions about SO53
- What is the average rent in SO53?
- Homes to let in SO53 asked a median £1,479 a month over the 12 months to Jul 2026, 199 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in SO53?
- 3.9% 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 Aug 2026, 291 lets. +5% on the previous 12 months.
Where these figures come from
| Figure | Dataset | Window | Last month | Sample |
|---|---|---|---|---|
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 199 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 291 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 20 Sep 2026 | 20 Sep 2026 | — |