Key indicators for buyers
The SO23 market presents a mixed picture for buyers. Prices are rising at 16.8%, which may favour acting sooner rather than later. Affordability has improved from a peak of 13.8x in 2021 to 10.7x today. Rising rents (£1,493/mo, +4.8%) 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 Winchester area
A home in Winchester costs 10.7x the local median salary — very stretched, improving from a peak of 13.8x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Winchester area
Average monthly rent in Winchester is £1,493, up 4.8% 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 Winchester price of £659,500 with a 25% deposit (£165k), a 2-year fixed mortgage at 3.97% costs around £2,603 per month.
Monthly cost comparison based on current data
Uses SO23 avg. price with Winchester rental data
Monthly mortgage payments (£2,603) are £1,110 more than renting (£1,493). However, buying requires an upfront deposit of £165k — it would take around 30 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
60, CHESIL STREET SO23 0HX | Terraced | £475,000 | 19 Jan 2026 |
WAYNFLETE, BLUE BALL HILL SO23 0AF | Terraced | £1,950,000 | 16 Jan 2026 |
9, FIELD END, KINGS WORTHY SO23 7PZ | Terraced | £330,000 | 16 Jan 2026 |
47, NUNS ROAD SO23 7EF | Semi-detached | £815,000 | 16 Jan 2026 |
10, GREEN PARK CLOSE SO23 7HG | Terraced | £500,000 | 16 Jan 2026 |
1, ST VALENTINES CLOSE SO23 7GJ | Detached | £1,050,000 | 16 Jan 2026 |
7A, PARCHMENT STREET SO23 8AT | 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 SO23 sold for £659,500 in 2026, with a median of £487,500 across 10 transactions. Prices rose 16.8% compared to the previous year.
| £345,000 |
| 14 Jan 2026 |
71, HIGH STREET SO23 9DA | Terraced | £415,000 | 12 Jan 2026 |
29, HYDE STREET SO23 7DX | Terraced | £552,500 | 12 Jan 2026 |
FLAT 5, FARRINGDON COURT, NORTHLANDS DRIVE SO23 7AJ | Flat/Maisonette | £162,500 | 9 Jan 2026 |
72, LONGFIELD ROAD, WINNALL SO23 0NT | Semi-detached | £281,500 | 19 Dec 2025 |
5, THE COACH HOUSE, 88, CHRISTCHURCH ROAD SO23 9TE | Terraced | £740,000 | 19 Dec 2025 |
39, ST JOHNS ROAD SO23 0HQ | Terraced | £525,000 | 19 Dec 2025 |
15, MARSTON GATE SO23 7DS | Semi-detached | £680,000 | 19 Dec 2025 |
FLAT 2, WYKEHAM HOUSE, 120, CHRISTCHURCH ROAD SO23 9QY | Flat/Maisonette | £490,000 | 19 Dec 2025 |
FLAT 18, THE MONS, MONS COURT SO23 8GH | Flat/Maisonette | £315,000 | 19 Dec 2025 |
MANAGERS OFFICE, 94, ST CROSS ROAD SO23 9QU | Other | £875,000 | 18 Dec 2025 |
2, CEDAR COTTAGE, DELL ROAD SO23 0QB | Semi-detached | £515,000 | 18 Dec 2025 |
86, SPRINGVALE ROAD, KINGS WORTHY SO23 7NB | Semi-detached | £475,000 | 18 Dec 2025 |
56, BELGARUM PLACE SO23 8SL | Flat/Maisonette | £200,000 | 18 Dec 2025 |
The most recent recorded sale in SO23 was a terraced property on Chesil Street for £475,000 in January 2026. Across the last 20 sales, the median price was £500,000.