Key indicators for buyers
The SO24 market is moderately favourable for buyers. Prices have softened (-32.4%), which could present a buying opportunity. 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 £490,135 with a 25% deposit (£123k), a 2-year fixed mortgage at 3.97% costs around £1,934 per month.
Monthly cost comparison based on current data
Uses SO24 avg. price with Winchester rental data
Monthly mortgage payments (£1,934) are £441 more than renting (£1,493). However, buying requires an upfront deposit of £123k — 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 |
|---|---|---|---|
13, RAEBARN CLOSE, CHERITON SO24 0QE | Detached | £625,676 | 16 Jan 2026 |
4, BEECH ROAD SO24 9JS | Semi-detached | £550,000 | 16 Jan 2026 |
13, OAK HILL SO24 9JZ | Detached | £505,000 | 16 Jan 2026 |
77, OAK HILL SO24 9JZ | Detached | £590,000 | 9 Jan 2026 |
21, ELLINGHAM CLOSE SO24 9EY | Flat/Maisonette | £180,000 | 9 Jan 2026 |
22, BELL HOUSE, HEADLEY CLOSE SO24 9XE | Terraced | £300,000 | 19 Dec 2025 |
THE BLACKBERRY PATCH, PARKSTONE ROAD, ROPLEY SO24 0EP | Detached |
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 SO24 sold for £490,135 in 2026, with a median of £550,000 across 5 transactions. Prices fell 32.4% compared to the previous year.
| £1,515,000 |
| 18 Dec 2025 |
16, NURSERY ROAD SO24 9JT | Semi-detached | £550,000 | 18 Dec 2025 |
3, PETERSFIELD ROAD, CHERITON SO24 0NH | Terraced | £385,000 | 17 Dec 2025 |
THE LILACS, HAIG ROAD SO24 9LX | Detached | £685,000 | 15 Dec 2025 |
LITTLE ACRE, BIGHTON LANE, GUNDLETON SO24 9SW | Detached | £680,000 | 12 Dec 2025 |
4, CHURCH COTTAGES, ROPLEY SO24 0DT | Terraced | £340,000 | 10 Dec 2025 |
ANTON, BIGHTON HILL, ROPLEY SO24 9SQ | Detached | £920,000 | 9 Dec 2025 |
FOXDALE, 26, JACKLYNS LANE SO24 9JJ | Detached | £1,500,000 | 9 Dec 2025 |
OAKLEIGH NURSERIES, PETERSFIELD ROAD, MONKWOOD SO24 0HB | Other | £920,000 | 9 Dec 2025 |
VICTORIA COTTAGE, CHERITON SO24 0PX | Detached | £515,000 | 8 Dec 2025 |
6, PETERSFIELD ROAD, CHERITON SO24 0NH | Terraced | £318,000 | 5 Dec 2025 |
2, DOWN GATE SO24 9JB | Detached | £645,000 | 2 Dec 2025 |
12, ARLE GARDENS SO24 9BA | Detached | £570,000 | 2 Dec 2025 |
38, NURSERY ROAD SO24 9JR | Semi-detached | £470,000 | 2 Dec 2025 |
The most recent recorded sale in SO24 was a detached property on Raebarn Close for £625,676 in January 2026. Across the last 20 sales, the median price was £570,000.