SO18 2LB is a residential postcode located on Wessex Lane, Southampton, SO18. It is the 607th largest postcode in the SO18 area.
It contains 21 residential addresses consisting of 12 houses, 2 flats and 7 unknown and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £206,943. Sales values have increased in the last 12 months by 3.0% and Rental values have increased by 6.6%.
Property sale values range from £155,090 for a freehold house, with 2 bedrooms split across 474 square feet of gross internal area and has a garden to £241,721 for a freehold house, with 3 bedrooms split across 1,001 square feet of gross internal area and has a garden.
Average £/ft2 for properties in SO18 2LB is £263/ft2.
Properties achieve a rental yield of between 5.9% and 7.2%, and rental values range from £884 to £1,354 per month.
The last sale was 25 Nov 2020 for £150,000 and since then the market in the area has increased by 13%. The postcode has had a total of 4 sales since 1995.
SO18 2LB has seen no sales in the last three years and no sales in the last twelve months.
SO18 2LB is the 607th largest and the 265th most expensive postcode out of the 907 postcodes in the SO18 area.
SO18 2LB is the 607th largest and the 265th most expensive postcode out of the 907 postcodes in the SO18 area.
SO18 2LB is a residential postcode located on Wessex Lane, Southampton, SO18 with 12 houses, 2 flats and 7 unknown within its bounds.
The most common property type in SO18 2LB is a early-century house built between 1912 and 1935.
The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to SO18 2LB is Swaythling station which is 100 metres 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 SO18 2LB, 37.9% of property is socially rented and 25.8% is privately owned with a mortgage.
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 SO18 2LB, 22.7% of residents are recorded as possessing school level qualifications and 28.2% 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 SO18 2LB, the average age was 35.7 and the most common age was 17.
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 SO18 2LB, 0.0% 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 SO18 2LB, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.