Key indicators for buyers
The SO41 market is moderately favourable for buyers. Prices have softened (-29.5%), which could present a buying opportunity. Affordability has improved from a peak of 12.3x in 2021 to 10.3x today. Rising rents (£1,226/mo, +2.3%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider New Forest area
A home in New Forest costs 10.3x the local median salary — very stretched, improving from a peak of 12.3x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider New Forest area
Average monthly rent in New Forest is £1,226, up 2.3% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average New Forest price of £395,059 with a 25% deposit (£99k), a 2-year fixed mortgage at 3.97% costs around £1,559 per month.
Monthly cost comparison based on current data
Uses SO41 avg. price with New Forest rental data
Monthly mortgage payments (£1,559) are £333 more than renting (£1,226). However, buying requires an upfront deposit of £99k — it would take around 14 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
27, MARRAM CLOSE SO41 9FN | Terraced | £255,000 | 23 Jan 2026 |
40, BANKVIEW SO41 8YH | Terraced | £250,000 | 23 Jan 2026 |
21, STANFORD RISE, SWAY SO41 6DW | Detached | £485,000 | 23 Jan 2026 |
2, ROBERTS CLOSE, EVERTON SO41 0ZE | Semi-detached | £615,000 | 22 Jan 2026 |
3, MALLARD CLOSE, HORDLE SO41 0FH | Detached | £625,000 | 21 Jan 2026 |
3, EAST HILL SO41 9DE | Terraced | £275,000 | 16 Jan 2026 |
FLAT 9, PYRFORD GARDENS, BELMORE LANE SO41 3NR | Flat/Maisonette |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in SO41 sold for £395,059 in 2026, with a median of £300,000 across 17 transactions. Prices fell 29.5% compared to the previous year.
| £200,000 |
| 16 Jan 2026 |
9, SOLENT WAY, MILFORD ON SEA SO41 0TE | Semi-detached | £300,000 | 14 Jan 2026 |
FLAT, 1, OVERSTRAND CRESCENT, MILFORD ON SEA SO41 0SZ | Flat/Maisonette | £300,000 | 14 Jan 2026 |
24, WHITBY ROAD, MILFORD ON SEA SO41 0ND | Detached | £900,000 | 14 Jan 2026 |
30, LITTLE DENE COPSE, PENNINGTON SO41 8EW | Semi-detached | £240,000 | 9 Jan 2026 |
FLAT 4, LYNWOOD COURT, PRIESTLANDS PLACE SO41 9GA | Flat/Maisonette | £256,000 | 9 Jan 2026 |
45, SOUTHAMPTON ROAD SO41 9GH | Terraced | £499,999 | 8 Jan 2026 |
4, WINDMILL CLOSE, MILFORD ON SEA SO41 0SX | Semi-detached | £400,000 | 6 Jan 2026 |
1, BROADMEAD COTTAGE, SILVER STREET, SWAY SO41 6DG | Semi-detached | £600,000 | 5 Jan 2026 |
63, SPARTINA DRIVE SO41 9FE | Flat/Maisonette | £205,000 | 5 Jan 2026 |
FLAT 21, SOLENT PINES, WHITBY ROAD, MILFORD ON SEA SO41 0UX | Flat/Maisonette | £310,000 | 5 Jan 2026 |
WHITE SHIRES, EAST LANE, EVERTON SO41 0JL | Detached | £955,000 | 19 Dec 2025 |
23, MONMOUTH COURT, CHURCH LANE SO41 3RB | Flat/Maisonette | £385,000 | 19 Dec 2025 |
UNIT 4, LYMINGTON ENTERPRISE CENTRE, AMPRESS LANE SO41 8LZ | Other | £170,000 | 19 Dec 2025 |
The most recent recorded sale in SO41 was a terraced property on Marram Close for £255,000 in January 2026. Across the last 20 sales, the median price was £310,000.