Lake House, Paynes Road - SO15 3SH
Key Building Insights
Lake House, Paynes Road is a residential building situated on Paynes Road, Southampton, SO15 with 28 addresses.
It ranks as the 1299th largest and 2nd most expensive of the 1,355 buildings in the SO15 area. The most common property type is a modern flat built after 1980.
The building contains a total of 28 properties: 28 flats.
- Ave. Sale Price
- £65,654
- 10 Year change
- up 2.3%
- Ave. Rental Price
- £534pcm
- 10 Year change
- up 32.2%
- Ave. £ per ft²
- £155/ft²
- Ave. Gross Yield
- 9.8%/year/yr
Key Building Insights
Lake House, Paynes Road is a residential building situated on Paynes Road, Southampton, SO15 with 28 addresses.
It ranks as the 1299th largest and 2nd most expensive of the 1,355 buildings in the SO15 area. The most common property type is a modern flat built after 1980.
The building contains a total of 28 properties: 28 flats.
- Ave. Sale Price
- £65,654
- 10 Year change
- up 2.3%
- Ave. Rental Price
- £534pcm
- 10 Year change
- up 32.2%
- Ave. £ per ft²
- £155/ft²
- Ave. Gross Yield
- 9.8%/year/yr
Explore Propertieson Paynes Road, Southampton, SO15
- Flat 1 Lake House
1 Bed Modern Flat
- Flat 2 Lake House
1 Bed Modern Flat
- Flat 3 Lake House
1 Bed Modern Flat
- Flat 4 Lake House
1 Bed Modern Flat
- Flat 5 Lake House
1 Bed Modern Flat
Sales Market Trends
The last sale in Lake House, Paynes Road sold for £58,000 on 8th August 2025. Since then prices are down an average of 1.4%.
The current average value in the building is £65,654.
The Lake House, Paynes Road Sales Market has increased by 2.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.2% | £65,654 |
| June 2025 | -2.5% | £68,522 |
| June 2024 | 1.3% | £70,298 |
| June 2023 | 1.8% | £69,376 |
| June 2022 | 5.5% | £68,138 |
| June 2021 | 0.3% | £64,589 |
| June 2020 | 0.2% | £64,365 |
| June 2019 | -1.3% | £64,244 |
| June 2018 | -1.5% | £65,112 |
| June 2017 | 3% | £66,080 |
| June 2016 | 7.7% | £64,171 |
| June 2015 | 6.3% | £59,598 |
| June 2014 | 6.8% | £56,059 |
| June 2013 | -0.4% | £52,493 |
| June 2012 | -2.1% | £52,683 |
| June 2011 | -3.7% | £53,800 |
| June 2010 | 6.8% | £55,894 |
| June 2009 | -9.8% | £52,327 |
| June 2008 | -4.4% | £57,990 |
| June 2007 | 0% | £60,681 |
Rental Market Trends
The current average rental value in the building is £534.
The Lake House, Paynes Road Rental Market has increased by 32.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £534pcm |
| June 2025 | 2.5% | £523pcm |
| June 2024 | 8.3% | £510pcm |
| June 2023 | 7.4% | £471pcm |
| June 2022 | 6.8% | £439pcm |
| June 2021 | 3.2% | £411pcm |
| June 2020 | 0.9% | £398pcm |
| June 2019 | 1.3% | £394pcm |
| June 2018 | -1.8% | £389pcm |
| June 2017 | -1.8% | £397pcm |
| June 2016 | 3% | £404pcm |
| June 2015 | 2.7% | £392pcm |
| June 2014 | 2.8% | £382pcm |
| June 2013 | 1.9% | £371pcm |
| June 2012 | 0.7% | £365pcm |
| June 2011 | 0.3% | £362pcm |
| June 2010 | 4.6% | £361pcm |
| June 2009 | -4.5% | £345pcm |
| June 2008 | 1% | £362pcm |
| June 2007 | 0% | £358pcm |
Sales History
The last sale was on 8th August 2025 for £58,000 and since then the market in the area has decreased by 1.4%. The building has had a total of 66 sales since 1995.
Lake House, Paynes Road, Southampton, SO15 3SH has seen 6 sales in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£58,000 | 1 Bed FlatFlat 15, Lake House, Paynes Road, Southampton, SO15 3SHFlat 15, Lake House, Paynes Road, Southampton, SO15 3SH
- Sold Aug 2024£56,000 | 1 Bed FlatFlat 2, Lake House, Paynes Road, Southampton, SO15 3SHFlat 2, Lake House, Paynes Road, Southampton, SO15 3SH
- Sold Mar 2024£72,500 | 1 Bed FlatFlat 10, Lake House, Paynes Road, Southampton, SO15 3SHFlat 10, Lake House, Paynes Road, Southampton, SO15 3SH
- Sold Feb 2024£63,000 | 1 Bed FlatFlat 3, Lake House, Paynes Road, Southampton, SO15 3SHFlat 3, Lake House, Paynes Road, Southampton, SO15 3SH
- Sold Aug 2023£58,000 | 1 Bed FlatFlat 24, Lake House, Paynes Road, Southampton, SO15 3SHFlat 24, Lake House, Paynes Road, Southampton, SO15 3SH
Property Types
- 25 modern flats built after 1980
- 1 flat of an unknown age
- 2 other addresses of unknown type
- modern flat (25)
- flat (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 26 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (2)
- F (1)
- C (18)
- G (0)
- D (4)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Aug 2022£420,378 | 2 Bed FlatOcean World House 1, Paynes Road, Southampton, SO15 3DLOcean World House 1, Paynes Road, Southampton, SO15 3DL
- Sold Feb 2006£380,000 | 2 Bed FlatFlat 6, 143-145, Paynes Road, Southampton, SO15 3BWFlat 6, 143-145, Paynes Road, Southampton, SO15 3BW
- Sold Sep 2022£350,000 | 4 Bed House8, Paynes Road, Southampton, SO15 3DJ8, Paynes Road, Southampton, SO15 3DJ
Schools Nearby
- Freemantle Church of England Community Academy300 m away
- Foundry Lane Primary School800 m away
- Springhill Catholic Primary School1.1 km away
- Regents Park Community College1.5 km away
- St Anne's Catholic School1.8 km away
- Upper Shirley High School2.0 km away
More reading links
Public Transport Nearby
The closest station to Lake House, Paynes Road, Southampton, SO15 3SH is Millbrook (Hants) station, which is 200 metres away.
- Millbrook (Hants)|200 m away
- Southampton Central|1.3 km away
- Redbridge|2.9 km away
- St Denys|3.2 km away