Melrose Road - SO15 7PG
Key Postcode Insights
SO15 7PG is a residential postcode situated on Melrose Road, Southampton, SO15 with 12 addresses.
It ranks as the 380th largest and 1018th most expensive of the 1,032 postcodes in the SO15 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 houses.
- Ave. Sale Price
- £623,236
- 10 Year change
- up 20.9%
- Ave. Rental Price
- £1,934pcm
- 10 Year change
- up 53.0%
- Ave. £ per ft²
- £390/ft²
- Ave. Gross Yield
- 3.7%/year/yr
Key Postcode Insights
SO15 7PG is a residential postcode situated on Melrose Road, Southampton, SO15 with 12 addresses.
It ranks as the 380th largest and 1018th most expensive of the 1,032 postcodes in the SO15 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 houses.
- Ave. Sale Price
- £623,236
- 10 Year change
- up 20.9%
- Ave. Rental Price
- £1,934pcm
- 10 Year change
- up 53.0%
- Ave. £ per ft²
- £390/ft²
- Ave. Gross Yield
- 3.7%/year/yr
Explore Propertiesin SO15 7PG
- 39 Melrose Road
Unknown
- 40 Melrose Road
Unknown
- 41 Melrose Road
4 Bed Modern House
- 42 Melrose Road
Unknown
- 43 Melrose Road
Unknown
Sales Market Trends
The last sale in SO15 7PG sold for £815,000 on 20th July 2023. Since then prices are down an average of 2.9%.
The current average value in the postcode is £623,236.
The SO15 7PG Sales Market has increased by 20.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.5% | £623,236 |
| June 2025 | 2% | £652,378 |
| June 2024 | -0.6% | £639,774 |
| June 2023 | 0.9% | £643,788 |
| June 2022 | 10.1% | £638,219 |
| June 2021 | 4.3% | £579,690 |
| June 2020 | 1.4% | £555,617 |
| June 2019 | -0.3% | £547,877 |
| June 2018 | 1.5% | £549,652 |
| June 2017 | 5% | £541,389 |
| June 2016 | 7.7% | £515,538 |
| June 2015 | 6.1% | £478,758 |
| June 2014 | 6.3% | £451,346 |
| June 2013 | 0.8% | £424,515 |
| June 2012 | -0.3% | £421,023 |
| June 2011 | -1.4% | £422,136 |
| June 2010 | 12.2% | £428,315 |
| June 2009 | -8% | £381,854 |
| June 2008 | -2.3% | £415,239 |
| June 2007 | 0% | £424,915 |
Rental Market Trends
The current average rental value in the postcode is £1,934.
The SO15 7PG Rental Market has increased by 53.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £1,934pcm |
| June 2025 | 5.7% | £1,893pcm |
| June 2024 | 5.8% | £1,792pcm |
| June 2023 | 8.5% | £1,693pcm |
| June 2022 | 9.8% | £1,560pcm |
| June 2021 | 7% | £1,421pcm |
| June 2020 | 2.4% | £1,327pcm |
| June 2019 | 1.4% | £1,297pcm |
| June 2018 | 0.6% | £1,279pcm |
| June 2017 | 0.6% | £1,271pcm |
| June 2016 | 3.4% | £1,264pcm |
| June 2015 | 3.1% | £1,223pcm |
| June 2014 | 3.1% | £1,186pcm |
| June 2013 | 1.7% | £1,150pcm |
| June 2012 | 1.2% | £1,130pcm |
| June 2011 | 3.5% | £1,116pcm |
| June 2010 | 9.6% | £1,078pcm |
| June 2009 | -2.3% | £984pcm |
| June 2008 | 2% | £1,007pcm |
| June 2007 | 0% | £988pcm |
Sales History
The last sale was on 20th July 2023 for £815,000 and since then the market in the area has decreased by 2.9%. The postcode has had a total of 9 sales since 1995.
SO15 7PG has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jul 2023£815,000 | 5 Bed House49, Melrose Road, Southampton, SO15 7PG49, Melrose Road, Southampton, SO15 7PG
- Sold May 2015£435,000 | 4 Bed House44, Melrose Road, Southampton, SO15 7PG44, Melrose Road, Southampton, SO15 7PG
- Sold May 2014£340,000 | 4 Bed House45, Melrose Road, Southampton, SO15 7PG45, Melrose Road, Southampton, SO15 7PG
- Sold May 2013£415,000 | 4 Bed House41, Melrose Road, Southampton, SO15 7PG41, Melrose Road, Southampton, SO15 7PG
- Sold Oct 2007£390,000 | 4 Bed House47, Melrose Road, Southampton, SO15 7PG47, Melrose Road, Southampton, SO15 7PG
Nearby Postcodes
SO15 7PG is the 380th largest and the 1018th most expensive postcode out of the 1,032 postcodes in the SO15 area.
- SO15 7PH, Hill Lane, Southampton, SO15SO15 7PH14 Addresses|81 m away
- SO15 7RX, Pewsey Place, Southampton, SO15SO15 7RX20 Addresses|94 m away
- SO15 7PF, Warwick Road, Southampton, SO15SO15 7PF14 Addresses|95 m away
- SO15 7PD, Warwick Road, Southampton, SO15SO15 7PD2 Addresses|113 m away
- SO15 7AH, Hill Lane, Southampton, SO15SO15 7AH6 Addresses|141 m away
Property Types
- 1 modern house built after 1980
- 3 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 1 early-century house built between 1912 and 1935
- 6 other addresses of unknown type
- modern house (1)
- mid-century house (3)
- house (1)
- early-century house (1)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (5)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Jul 2023£815,000 | 5 Bed House49, Melrose Road, Southampton, SO15 7PG49, Melrose Road, Southampton, SO15 7PG
- Sold Oct 2023£700,000 | 4 Bed House27, Melrose Road, Southampton, SO15 7PB27, Melrose Road, Southampton, SO15 7PB
- Sold Dec 2024£685,000 | 4 Bed House25, Melrose Road, Southampton, SO15 7PB25, Melrose Road, Southampton, SO15 7PB
Schools Nearby
- Hollybrook Junior School300 m away
- Hollybrook Infant School400 m away
- Shirley Infant School700 m away
- Upper Shirley High School400 m away
- Cantell School1.8 km away
- Regents Park Community College1.9 km away
More reading links
Public Transport Nearby
The closest station to SO15 7PG is St Denys station, which is 2.5 kilometres away.
- St Denys|2.5 km away
- Millbrook (Hants)|2.5 km away
- Southampton Central|2.8 km away
- Swaythling|3.2 km away
