SO16 8LL is a residential postcode located on Balmoral Way, Rownhams, Southampton, SO16. It is the 843rd largest postcode in the SO16 area.
It contains 14 houses and 4 unknown and the most common type of property is a modern house built after 1980.
The average house value is £508,089. Sales values have increased in the last 12 months by 0.9% and Rental values have increased by 2.8%.
Property sale values range from £419,297 for a freehold house, with 3 bedrooms split across 947 square feet of gross internal area and has a garden to £599,331 for a freehold house, with 5 bedrooms split across 1,703 square feet of gross internal area and has a garden.
Average £/ft2 for properties in SO16 8LL is £389/ft2.
Properties achieve a rental yield of between 3.9% and 4.4%, and rental values range from £1,539 to £1,954 per month.
The last sale was 10 Oct 2022 for £592,500 and since then the market in the area has decreased by -3.3%. The postcode has had a total of 4 sales since 1995.
SO16 8LL has seen 4 sales in the last three years and no sales in the last twelve months.
SO16 8LL is the 843rd largest and the 1333rd most expensive postcode out of the 1,503 postcodes in the SO16 area.
SO16 8LL is the 843rd largest and the 1333rd most expensive postcode out of the 1,503 postcodes in the SO16 area.
SO16 8LL is a residential postcode located on Balmoral Way, Rownhams, Southampton, SO16 with 14 houses and 4 unknown within its bounds.
The most common property type in SO16 8LL is a modern house built after 1980.
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to SO16 8LL is Redbridge station which is 3.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around SO16 8LL, 44.9% of property is privately owned with a mortgage and 42.5% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around SO16 8LL, 23.4% of residents are recorded as possessing school level qualifications and 37.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around SO16 8LL, the average age was 44.4 and the most common age was 47.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around SO16 8LL, 0.6% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around SO16 8LL, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.