Key indicators for buyers
The SO15 market is moderately favourable for buyers. Prices have softened (-17.2%), which could present a buying opportunity. Affordability has improved from a peak of 7.5x in 2018 to 6.6x today. Rising rents (£1,243/mo, +3.8%) 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 Southampton area
A home in Southampton costs 6.6x the local median salary — moderate, improving from a peak of 7.5x in 2018.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Southampton area
Average monthly rent in Southampton is £1,243, up 3.8% 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 Southampton price of £266,385 with a 25% deposit (£67k), a 2-year fixed mortgage at 3.97% costs around £1,051 per month.
Monthly cost comparison based on current data
Uses SO15 avg. price with Southampton rental data
Monthly mortgage payments (£1,051) are £192 less than renting (£1,243). However, buying requires an upfront deposit of £67k — it would take around 7 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
FLAT 3, ASPEN HOUSE, 19, HULSE ROAD SO15 2SD | Flat/Maisonette | £210,000 | 23 Jan 2026 |
53, MORRIS ROAD SO15 2BQ | Semi-detached | £280,000 | 23 Jan 2026 |
21, SOUTH VIEW ROAD SO15 5JD | Detached | £490,000 | 23 Jan 2026 |
FLAT 4, ROWAN HOUSE, 17, HULSE ROAD SO15 2SB | Flat/Maisonette | £220,000 | 21 Jan 2026 |
FLAT 26, SOUTHBROOK RISE, 4, MILLBROOK ROAD EAST SO15 1BX | Flat/Maisonette | £80,000 | 21 Jan 2026 |
FLAT 21, 246 - 252, SHIRLEY ROAD SO15 3HP | Flat/Maisonette | £160,000 | 16 Jan 2026 |
42, SOUTH MILL ROAD SO15 4JX |
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 SO15 sold for £266,385 in 2026, with a median of £255,000 across 13 transactions. Prices fell 17.2% compared to the previous year.
| Semi-detached |
| £305,000 |
| 15 Jan 2026 |
FLAT 12, 23, HULSE ROAD SO15 2QZ | Flat/Maisonette | £250,000 | 15 Jan 2026 |
41, KINGSLEY ROAD SO15 8QP | Terraced | £255,000 | 14 Jan 2026 |
6, LEIGHTON AVENUE SO15 3LW | Terraced | £260,000 | 13 Jan 2026 |
54, SHIRLEY AVENUE SO15 5NJ | Detached | £590,000 | 12 Jan 2026 |
22, SILVERDALE ROAD SO15 2NG | Terraced | £268,000 | 12 Jan 2026 |
FLAT 31, CHADWICK LODGE, DEVONSHIRE ROAD SO15 2QQ | Flat/Maisonette | £95,000 | 9 Jan 2026 |
11, ALBANY ROAD SO15 3EF | Semi-detached | £275,000 | 22 Dec 2025 |
FLAT 5, BANISTER GRANGE, BANISTER ROAD SO15 2JN | Flat/Maisonette | £200,000 | 22 Dec 2025 |
78, MARSHALL COURT, MARSHALL SQUARE SO15 2PG | Flat/Maisonette | £250,000 | 19 Dec 2025 |
FLAT 20, CAPSTAN HOUSE, 38, WATERLOO ROAD SO15 3AR | Flat/Maisonette | £135,000 | 19 Dec 2025 |
FLAT 7, TWYFORD HOUSE, 15, HULSE ROAD SO15 2PY | Flat/Maisonette | £210,000 | 19 Dec 2025 |
FLAT 3, CARLTON STUDIOS, 22A, UPPER BANISTER STREET SO15 2EE | Flat/Maisonette | £115,000 | 19 Dec 2025 |
19A, ALEXANDRA ROAD SO15 5DH | Terraced | £250,000 | 19 Dec 2025 |
The most recent recorded sale in SO15 was a flat/maisonette property on Hulse Road for £210,000 in January 2026. Across the last 20 sales, the median price was £250,000.