SO16 0AQ is a residential postcode situated on Grove Place, Nursling, Southampton, SO16 with 46 addresses.
It ranks as the 1359th largest and 1234th most expensive of the 1,488 postcodes in the SO16 area.
The postcode contains a total of 46 properties: 46 flats.
SO16 0AQ is a residential postcode situated on Grove Place, Nursling, Southampton, SO16 with 46 addresses.
It ranks as the 1359th largest and 1234th most expensive of the 1,488 postcodes in the SO16 area.
The postcode contains a total of 46 properties: 46 flats.
Sale prices range from £150,660 for 2 bedroom leasehold flats (804 ft2) to £639,734 for 3 bedroom leasehold flats (1,668 ft2) .
Monthly rental prices range from £1,026 pcm for 2 bed flats to £3,049 pcm for 3 bed flats.
The gross rental yield is between 5.7% and 8.2%.
The average value per square foot is £461.
The last sale in SO16 0AQ sold for £560,000 on 19th March 2025. Since then prices are down an average of 4.5%.
The current average value in the postcode is £391,029.
The SO16 0AQ Sales Market has increased by 11.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.8% | £391,029 |
| April 2025 | 0.2% | £406,387 |
| April 2024 | 0.5% | £405,739 |
| April 2023 | 1.4% | £403,878 |
| April 2022 | 8% | £398,311 |
| April 2021 | 0.6% | £368,835 |
| April 2020 | 1% | £366,760 |
| April 2019 | -0.7% | £362,984 |
| April 2018 | 1.1% | £365,447 |
| April 2017 | 3.2% | £361,332 |
| April 2016 | 8.3% | £350,293 |
| April 2015 | 6.8% | £323,520 |
| April 2014 | 4% | £302,783 |
| April 2013 | 3% | £291,181 |
| April 2012 | -1.8% | £282,822 |
| April 2011 | -2.9% | £287,944 |
| April 2010 | 6.8% | £296,567 |
| April 2009 | -10.8% | £277,805 |
| April 2008 | 2.7% | £311,516 |
| April 2007 | 0% | £303,278 |
The current average rental value in the postcode is £1,944.
The SO16 0AQ Rental Market has increased by 30.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.7% | £1,944pcm |
| April 2025 | 3% | £1,912pcm |
| April 2024 | 8.1% | £1,857pcm |
| April 2023 | 8.2% | £1,717pcm |
| April 2022 | 5.9% | £1,587pcm |
| April 2021 | 1.9% | £1,499pcm |
| April 2020 | 2.3% | £1,471pcm |
| April 2019 | 0% | £1,437pcm |
| April 2018 | -1.5% | £1,438pcm |
| April 2017 | -1.7% | £1,459pcm |
| April 2016 | 3% | £1,485pcm |
| April 2015 | 3.9% | £1,442pcm |
| April 2014 | 2.7% | £1,389pcm |
| April 2013 | 2.6% | £1,352pcm |
| April 2012 | 0.1% | £1,318pcm |
| April 2011 | 1.9% | £1,316pcm |
| April 2010 | 2.3% | £1,291pcm |
| April 2009 | -2.1% | £1,262pcm |
| April 2008 | 2.1% | £1,289pcm |
| April 2007 | 0% | £1,263pcm |
The last sale was on 19th March 2025 for £560,000 and since then the market in the area has decreased by 4.5%. The postcode has had a total of 52 sales since 1995.
SO16 0AQ has seen 7 sales in the last three years and no sales in the last twelve months.
SO16 0AQ is the 1359th largest and the 1234th most expensive postcode out of the 1,488 postcodes in the SO16 area.
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The closest station to SO16 0AQ is Redbridge station which is 3.2 kilometres away.
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