At a Glance
Average Property Price - SO
£398,532
12 month avg at 31 Jul 2026
Average Monthly Rent - SO
£1,254
Estimate at 31 Jul 2026
Average Net Household Income - SO
£43,492
2023 census data
Flat / Maisonette Yield - SO
6.1%
Estimate at 31 Jul 2026
10-Year Annualised Price Growth - SO
2.3%
Estimate at 31 Jul 2026
10-Year Annualised Rent Growth - SO
3.5%
Estimate at 31 Jul 2026
District Rankings — SO
Top 10 districts in SO ranked by average sale price.
Street Rankings — Southampton (SO)
Top 10 streets in Southampton (SO) ranked by 3-year average sale price.
| # | Street | 3Y Avg |
|---|---|---|
| 1 | Dock Lane | £8,312,025 |
| 2 | Gilbury | £4,200,000 |
| 3 | Queenwood | £4,200,000 |
| 4 | Eldon Lane | £3,350,000 |
| 5 | Maypole Green | £3,250,000 |
| 6 | Birchy Hill | £3,200,000 |
| 7 | Clease Way | £2,800,000 |
| 8 | Sleepers Hill | £2,504,813 |
| 9 | Rudd Lane | £2,500,000 |
| 10 | Barnetts Wood Lane | £2,375,000 |
Property Price & Volume Trends
The average property price in SO is £399,000, placing it above the national midpoint. Over the past decade, the area has seen annualised price growth of 2.3%, which is below the national average, suggesting more modest capital appreciation compared to stronger-performing regions. Despite solid price levels, the growth trajectory reflects a more measured market dynamic.
Rent & Yield Trends
Average monthly rent stands at £1,254, positioning SO above the national average for rental costs. Rental growth over ten years has averaged 3.5% annually, slightly below the national pace, indicating rents have risen at a moderate rate. The current flat yield of 6.1% offers a respectable return for buy-to-let investors, reflecting a balanced relationship between capital values and rental income.
Income & Affordability Trends
Average net household income in SO is £43,492, which is above the national average. The price-to-income ratio currently stands at 9.4x, up from 8.6x in 2016, meaning homes have become less affordable relative to earnings over that period. Rental affordability has also tightened: the rent-to-income ratio has risen from 28.88% to 29.57% since 2016, indicating a slightly higher proportion of household income now committed to rental payments.
Resident Demographic Profile
The population is slightly older than the national average, with 20.43% aged 65 and over compared to the national average of 19.6%. Outright home ownership is marginally higher at 34.09%, and mortgage-backed ownership is also elevated at 28.34%, reflecting a tenure pattern more weighted towards owner-occupation. The professional workforce is notably stronger, comprising 22.06% of employment compared to the national 20.5%, indicating a relatively skilled and white-collar oriented job market.