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Property Price Trends
SO23 8YB
What are the historical property price trends?
Explore the yearly trends in property prices for the SO23 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
SO23

Most Expensive Property
£1,200,000
Centre Management The Brooks, SO23 8QY
Sold: 23 January 2023

Cheapest Property
£118,000
11 Saxon Road, SO23 7DJ
Sold: 05 June 2023

£479,000
The average house price in Winchester was £479,000 in November 2024 (provisional), up 4.2% from November 2023. This was higher than the rise in the South East (1.4%) over the same period.
£1,411
Private rents rose to an average of £1,411 in December 2024, an annual increase of 8.8% from £1,297 in December 2023. This was higher than the rise in the South East (7.9%) over the year.
£365,000
The average price paid by first-time buyers was £365,000 in November 2024 (provisional). This was 5.7% higher than the average of £346,000 in November 2023 (revised).
£483,000
For homes bought with a mortgage, the average house price was £483,000 in November 2024 (provisional). This was 4.4% higher than the average of £463,000 in November 2023 (revised).
Data last updated: 17 Feb 2025. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (Winchester, E07000094). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in SO23 8YB?
The graph below shows the five-year capital growth figures for properties for the SO23 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in SO23 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Hampshire?
Homebuyers
For homebuyers in Hampshire, the property market is showing steady growth in house prices. According to the latest data from Zoopla, the average house price in Hampshire is currently around £380,000. Areas such as Winchester (SO23), Southampton (SO15), and Basingstoke (RG21) are particularly popular among homebuyers due to their good schools, transport links, and amenities. However, there is a shortage of housing stock in some areas, leading to increased competition and higher prices. It is advisable for homebuyers to act quickly and be prepared to pay above asking price in order to secure their desired property in Hampshire.
Renters
Rent prices in Hampshire have been steadily increasing, with the average rent for a two-bedroom property currently standing at around £1,200 per month. Areas such as Portsmouth (PO1), Fareham (PO16), and Aldershot (GU11) are popular among renters due to their affordability and good transport links. However, competition for rental properties is high in these areas, leading to limited availability and quick lettings. Renters should be prepared to act fast and have all necessary documents ready when searching for a rental property in Hampshire.
Investors
For investors, Hampshire offers a solid property market with good potential for rental income and capital growth. The rental yield in Hampshire is currently around 5%, making it an attractive option for buy-to-let investors. Areas such as Farnborough (GU14), Eastleigh (SO50), and Andover (SP10) are popular among investors due to their high demand for rental properties and good rental yields. However, investors should be aware of the competition in the market and carefully research the local area before investing in Hampshire. Overall, Hampshire is a promising location for property investors looking for long-term growth and rental income.
Homebuyers
For homebuyers in Hampshire, the property market is showing steady growth in house prices. According to the latest data from Zoopla, the average house price in Hampshire is currently around £380,000. Areas such as Winchester (SO23), Southampton (SO15), and Basingstoke (RG21) are particularly popular among homebuyers due to their good schools, transport links, and amenities. However, there is a shortage of housing stock in some areas, leading to increased competition and higher prices. It is advisable for homebuyers to act quickly and be prepared to pay above asking price in order to secure their desired property in Hampshire.


Renters
Rent prices in Hampshire have been steadily increasing, with the average rent for a two-bedroom property currently standing at around £1,200 per month. Areas such as Portsmouth (PO1), Fareham (PO16), and Aldershot (GU11) are popular among renters due to their affordability and good transport links. However, competition for rental properties is high in these areas, leading to limited availability and quick lettings. Renters should be prepared to act fast and have all necessary documents ready when searching for a rental property in Hampshire.
Investors
For investors, Hampshire offers a solid property market with good potential for rental income and capital growth. The rental yield in Hampshire is currently around 5%, making it an attractive option for buy-to-let investors. Areas such as Farnborough (GU14), Eastleigh (SO50), and Andover (SP10) are popular among investors due to their high demand for rental properties and good rental yields. However, investors should be aware of the competition in the market and carefully research the local area before investing in Hampshire. Overall, Hampshire is a promising location for property investors looking for long-term growth and rental income.

Last updated on 31 May 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for SO23 8YB
Estimated yield for property investors
%
Yield
The estimated yield for the SO23 8YB postcode area is %, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in SO23 8YB?
The recently sold properties table lists homes around SO23 8YB that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
Date | Price | Property Address | Property Type | Estate Type |
---|---|---|---|---|
23 February 2024 | £815,000 | Austen House, 81 Flat 5 North Walls, Winchester, SO23 8DA | Flat/Maisonette | Leasehold |
07 March 2024 | £283,000 | Treasury Court 7 Cross Street, Winchester, SO23 8EJ | Flat/Maisonette | Leasehold |
23 January 2023 | £1,200,000 | Centre Management The Brooks, Winchester, SO23 8QY | Other | Leasehold |
Nearby sold properties | ||||
17 January 2023 | £510,000 | 2 Taylors Place, Winchester, SO23 0BB | Terraced | Freehold |
02 August 2021 | £295,000 | 13 Wales Street, Winchester, SO23 0ET | Terraced | Leasehold |
30 March 2022 | £400,000 | 41 St Johns Street, Winchester, SO23 0HF | Terraced | Freehold |
14 June 2022 | £885,000 | 15 Magdalen Hill, Winchester, SO23 0HJ | Detached | Freehold |
20 November 2018 | £646,000 | Pipe Kiln Court, 11 Flat 3 Bridge Street, Winchester, SO23 0HL | Detached | Freehold |
23 February 2024 | £660,000 | Eastcliffe 6 Easthill, Winchester, SO23 0JB | Semi-Detached | Freehold |
03 November 2023 | £425,000 | 6 Garbett Road, Winchester, SO23 0NX | Semi-Detached | Freehold |
16 October 2020 | £570,000 | 10 Swan Lane, Winchester, SO23 7AA | Terraced | Freehold |
09 November 2023 | £141,000 | Alton Court Flat 9 Northlands Drive, Winchester, SO23 7AQ | Flat/Maisonette | Leasehold |
08 March 2024 | £965,000 | 10 Abbey Hill Road, Winchester, SO23 7AT | Detached | Freehold |
19 February 2024 | £529,448 | 44 Hyde Abbey Road, Winchester, SO23 7DA | Terraced | Freehold |
30 November 2023 | £430,000 | 22 Hyde Abbey Road, Winchester, SO23 7DA | Terraced | Freehold |
05 June 2023 | £118,000 | 11 Saxon Road, Hyde, Winchester, SO23 7DJ | Other | Leasehold |
04 December 2023 | £525,000 | 18 Grosvenor Drive, Winchester, SO23 7HF | Semi-Detached | Freehold |
23 February 2024 | £550,000 | Barton Court 2 Knight Close, Winchester, SO23 7JF | Terraced | Freehold |
15 March 2024 | £375,000 | 70 Fraser Road, Kings Worthy, Winchester, SO23 7PF | Terraced | Freehold |
19 December 2022 | £1,195,000 | Highwood House Legion Lane, Kings Worthy, Winchester, SO23 7RA | Detached | Freehold |
29 January 2024 | £185,000 | St. Bedes Court Flat 5 King Alfred Place, Hyde, Winchester, SO23 7TJ | Flat/Maisonette | Leasehold |
07 August 2023 | £717,500 | 6a Willow End, Kings Worthy, Winchester, SO23 7XP | Detached | Freehold |
28 February 2024 | £230,000 | St Thomas House, 7 Flat 4 St Thomas Street, Winchester, SO23 9GN | Flat/Maisonette | Leasehold |
30 January 2023 | £435,000 | St. Michaels House Apartments, 8 1 St Cross Road, Winchester, SO23 9HX | Flat/Maisonette | Leasehold |
26 June 2023 | £250,000 | Paternoster House Flat 10 Colebrook Street, Winchester, SO23 9LG | Flat/Maisonette | Leasehold |
29 February 2024 | £340,500 | Avlan Court Flat 5 St Cross Road, Winchester, SO23 9RD | Flat/Maisonette | Leasehold |
Please note that house prices for properties sold in and around SO23 8YB during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated