SO15 7PA is a residential postcode situated on Melrose Road, Southampton, SO15 with 19 addresses.
It ranks as the 616th largest and 993rd most expensive of the 1,031 postcodes in the SO15 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 19 properties: 19 houses.
SO15 7PA is a residential postcode situated on Melrose Road, Southampton, SO15 with 19 addresses.
It ranks as the 616th largest and 993rd most expensive of the 1,031 postcodes in the SO15 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 19 properties: 19 houses.
Sale prices range from £445,521 for 3 bedroom freehold houses with a garden (1,122 ft2) to £769,326 for 6 bedroom freehold houses with a garden (2,766 ft2) .
Monthly rental prices range from £1,674 pcm for 3 bed houses to £2,395 pcm for 6 bed houses.
The gross rental yield is between 3.6% and 4.5%.
The average value per square foot is £375.
The last sale in SO15 7PA sold for £559,500 on 28th March 2025. Since then prices are down an average of 3.6%.
The current average value in the postcode is £552,751.
The SO15 7PA Sales Market has increased by 23.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.7% | £552,751 |
| April 2025 | 2.6% | £573,750 |
| April 2024 | -2% | £559,173 |
| April 2023 | 2.9% | £570,344 |
| April 2022 | 9.8% | £554,272 |
| April 2021 | 4.2% | £504,580 |
| April 2020 | 0.9% | £484,383 |
| April 2019 | -0.4% | £480,277 |
| April 2018 | 2% | £482,038 |
| April 2017 | 5.9% | £472,664 |
| April 2016 | 8% | £446,156 |
| April 2015 | 5.7% | £412,950 |
| April 2014 | 5.3% | £390,521 |
| April 2013 | 4.7% | £371,037 |
| April 2012 | 0.4% | £354,392 |
| April 2011 | -0.9% | £352,974 |
| April 2010 | 8% | £356,020 |
| April 2009 | -10.9% | £329,574 |
| April 2008 | 1.2% | £369,689 |
| April 2007 | 0% | £365,242 |
The current average rental value in the postcode is £1,882.
The SO15 7PA Rental Market has increased by 52.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £1,882pcm |
| April 2025 | 5.1% | £1,829pcm |
| April 2024 | 6% | £1,740pcm |
| April 2023 | 9.2% | £1,641pcm |
| April 2022 | 8.9% | £1,502pcm |
| April 2021 | 7.2% | £1,379pcm |
| April 2020 | 2.3% | £1,287pcm |
| April 2019 | 1.2% | £1,258pcm |
| April 2018 | 0% | £1,242pcm |
| April 2017 | 0.8% | £1,242pcm |
| April 2016 | 3.4% | £1,232pcm |
| April 2015 | 3.2% | £1,191pcm |
| April 2014 | 3.1% | £1,153pcm |
| April 2013 | 5.8% | £1,118pcm |
| April 2012 | 2.1% | £1,057pcm |
| April 2011 | 4% | £1,035pcm |
| April 2010 | 4.9% | £995pcm |
| April 2009 | -3.3% | £949pcm |
| April 2008 | 2.5% | £981pcm |
| April 2007 | 0% | £957pcm |
The last sale was on 28th March 2025 for £559,500 and since then the market in the area has decreased by 3.6%. The postcode has had a total of 17 sales since 1995.
SO15 7PA has seen 5 sales in the last three years and no sales in the last twelve months.
SO15 7PA is the 616th largest and the 993rd most expensive postcode out of the 1,031 postcodes in the SO15 area.
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The closest station to SO15 7PA is St Denys station which is 2.4 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around SO15 7PA, 54.4% of property is privately owned outright and 40.8% is privately owned with a mortgage.
The graph below shows how this compares to South East 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 SO15 7PA, 19.8% of residents are recorded as possessing school level qualifications and 62.4% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around SO15 7PA, the average age was 40.6 and the most common age was 42.
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 SO15 7PA, 2.9% 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 SO15 7PA, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.