Property trends for SO43

    SO43 covers the New Forest area and surrounding villages in Hampshire, situated between Southampton and Bournemouth on the south coast. It is a largely rural and affluent neighbourhood characterised by woodland, heritage, and strong appeal to retirees and established families.

    Average Property Price - SO43

    £638,438

    93

    National percentile

    12 month avg at 31 Aug 2026

    Average Monthly Rent - SO

    £1,273

    67

    National percentile

    Estimate at 31 Aug 2026

    Average Net Household Income - SO43

    £47,621

    83

    National percentile

    2023 census data

    Flat / Maisonette Yield - SO

    6.2%

    65

    National percentile

    Estimate at 31 Aug 2026

    10-Year Annualised Price Growth - SO43

    4.5%

    89

    National percentile

    Estimate at 31 Aug 2026

    10-Year Annualised Rent Growth - SO

    3.7%

    33

    National percentile

    Estimate at 31 Aug 2026

    Street Rankings — SO43

    Top 5 streets in SO43 ranked by 3-year average sale price.

    #Street3Y Avg
    1Pinkney Lane£1,892,500
    2London Minstead£1,418,333
    3Pikes Hill Avenue£1,308,333
    4Canterton Lane£1,200,000
    5Forest Gardens£1,000,000

    Property Price & Volume Trends

    See wider trends for Southampton (SO) →

    The average property price of £546,000 places SO43 among the most expensive postcode districts nationally. Annual price growth over the past decade has averaged 2.9%, which is below the national rate, suggesting the area has underperformed the wider market. Transaction volume last year reached 73 sales, slightly above the 10-year average of 65, indicating steady but unspectacular activity.

    Average monthly rents of £1,254 sit above the national median, reflecting the area's affluent character. Rent growth over ten years has averaged 3.8% annually, in line with national trends. The flat yield currently stands at 5.9%, a meaningful improvement from its 10-year average of 4.8%, signalling improved rental returns for investors.

    Income & Affordability Trends

    See wider trends for Southampton (SO) →

    Household incomes in SO43 are notably high at nearly £48,000 annually, placing the area among the most affluent nationally. The price-to-income ratio of 13.2x reflects strong affordability pressures, having deteriorated from 11.0x in 2016 as property prices have outpaced income growth. Rental affordability has also tightened, with rents consuming 29.9% of household income compared to 28.4% seven years ago.

    Resident Demographic Profile

    See wider trends for Southampton (SO) →

    SO43 is distinctly older than the nation as a whole, with nearly a third aged 65 or over and only 12.6% under 15—well below national youth levels. The population is heavily weighted towards the 50–64 age group at 25.7%, nearly six percentage points above the national average. Housing tenure shows very strong outright ownership at 49.4%, nearly 16 percentage points above the national norm, with correspondingly lower private rental at 15.2%. Employment is dominated by managers and professionals, who together account for 43.9% of the workforce—substantially higher than the national combined rate of 33.9%—while elementary workers represent just 6.5% versus 10.2% nationally.

    Properties in SO43

    Streets in SO43

    Nearby districts

    Other areas