Key indicators for buyers
The SO32 market is moderately favourable for buyers. 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 £516,250 with a 25% deposit (£129k), a 2-year fixed mortgage at 3.97% costs around £2,037 per month.
Monthly cost comparison based on current data
Uses SO32 avg. price with Winchester rental data
Monthly mortgage payments (£2,037) are £544 more than renting (£1,493). However, buying requires an upfront deposit of £129k — it would take around 16 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
33, THE RIDINGS, WALTHAM CHASE SO32 2TR | Detached | £650,000 | 23 Jan 2026 |
BEACON HILL VIEW, CHURCH LANE, EXTON SO32 3NU | Detached | £820,000 | 21 Jan 2026 |
16, THE SAWMILLS, DURLEY SO32 2EH | Terraced | £325,000 | 19 Jan 2026 |
177, KINGSMAN DRIVE, BOTLEY SO32 2TG | Detached | £630,000 | 19 Jan 2026 |
18, HAWTHORN GROVE, WALTHAM CHASE SO32 2GX | Semi-detached | £445,000 | 14 Jan 2026 |
11, THE SAWMILLS, DURLEY SO32 2EH | Terraced | £335,000 | 9 Jan 2026 |
7, OAK ROAD, BISHOPS WALTHAM SO32 1EL |
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 SO32 sold for £516,250 in 2026, with a median of £537,500 across 8 transactions. Prices rose 2.6% compared to the previous year.
| Terraced |
| £295,000 |
| 7 Jan 2026 |
MEON COTTAGE, CHURCH ROAD, SWANMORE SO32 2PU | Detached | £630,000 | 6 Jan 2026 |
GREEN ACRES, HIGH STREET, SHIRRELL HEATH SO32 2JH | Other | £55,000 | 23 Dec 2025 |
GREEN ACRES, HIGH STREET, SHIRRELL HEATH SO32 2JH | Other | £35,000 | 23 Dec 2025 |
TRURODENE, ALMA LANE, UPHAM SO32 1HE | Detached | £500,000 | 19 Dec 2025 |
4, THE PARK, DROXFORD SO32 3QQ | Semi-detached | £440,000 | 19 Dec 2025 |
20, CHESTNUT RISE, DROXFORD SO32 3NY | Detached | £765,000 | 19 Dec 2025 |
BROOKLANDS, DURLEY BROOK ROAD, DURLEY SO32 2AR | Detached | £445,000 | 19 Dec 2025 |
43, FOREST CLOSE, WALTHAM CHASE SO32 2ND | Semi-detached | £370,000 | 19 Dec 2025 |
4, THE LAURELS, OATLANDS CLOSE, BOTLEY SO32 2EN | Detached | £463,000 | 19 Dec 2025 |
LITTLE DOWN, WINCHESTER ROAD, UPHAM SO32 1HA | Detached | £560,000 | 18 Dec 2025 |
4, PINE LEA, BISHOPS WALTHAM SO32 1NZ | Semi-detached | £365,000 | 18 Dec 2025 |
GREGORY FARM, HEATHEN STREET, DURLEY SO32 2BT | Detached | £665,000 | 17 Dec 2025 |
29, MALLARD CLOSE, BISHOPS WALTHAM SO32 1LW | Terraced | £315,000 | 16 Dec 2025 |
The most recent recorded sale in SO32 was a detached property on The Ridings for £650,000 in January 2026. Across the last 20 sales, the median price was £445,000.