SO16 3TT is a residential postcode situated on Monks Wood Close, Southampton, SO16 with 33 addresses.
It ranks as the 1207th largest and 1364th most expensive of the 1,488 postcodes in the SO16 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 33 properties: 33 houses.
SO16 3TT is a residential postcode situated on Monks Wood Close, Southampton, SO16 with 33 addresses.
It ranks as the 1207th largest and 1364th most expensive of the 1,488 postcodes in the SO16 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 33 properties: 33 houses.
Sale prices range from £341,761 for 4 bedroom freehold houses with a garden (1,496 ft2) to £826,462 for 5 bedroom freehold houses with a garden (2,938 ft2) .
Monthly rental prices range from £1,246 pcm for 4 bed houses to £2,572 pcm for 5 bed houses.
The gross rental yield is between 3.6% and 5.8%.
The average value per square foot is £365.
The last sale in SO16 3TT sold for £630,000 on 17th March 2026. Since then prices are up an average of 0.7%.
The current average value in the postcode is £545,564.
The SO16 3TT Sales Market has increased by 22.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.6% | £545,564 |
| April 2025 | 2.6% | £571,862 |
| April 2024 | -3% | £557,182 |
| April 2023 | 3% | £574,192 |
| April 2022 | 9.8% | £557,448 |
| April 2021 | 5.1% | £507,773 |
| April 2020 | 0.7% | £482,928 |
| April 2019 | 0.2% | £479,622 |
| April 2018 | 1.6% | £478,849 |
| April 2017 | 6% | £471,250 |
| April 2016 | 7.4% | £444,444 |
| April 2015 | 5.8% | £413,670 |
| April 2014 | 4.6% | £391,073 |
| April 2013 | 4.8% | £373,837 |
| April 2012 | 1.5% | £356,566 |
| April 2011 | 0.2% | £351,251 |
| April 2010 | 7.8% | £350,716 |
| April 2009 | -11.2% | £325,281 |
| April 2008 | 1.6% | £366,194 |
| April 2007 | 0% | £360,345 |
The current average rental value in the postcode is £1,762.
The SO16 3TT Rental Market has increased by 51.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £1,762pcm |
| April 2025 | 4.8% | £1,721pcm |
| April 2024 | 5.8% | £1,642pcm |
| April 2023 | 9% | £1,552pcm |
| April 2022 | 8.3% | £1,423pcm |
| April 2021 | 7.7% | £1,314pcm |
| April 2020 | 2.6% | £1,220pcm |
| April 2019 | 0.4% | £1,189pcm |
| April 2018 | 0.4% | £1,185pcm |
| April 2017 | 1.2% | £1,181pcm |
| April 2016 | 3.3% | £1,166pcm |
| April 2015 | 3.8% | £1,129pcm |
| April 2014 | 2.6% | £1,088pcm |
| April 2013 | 5.6% | £1,061pcm |
| April 2012 | 2.8% | £1,005pcm |
| April 2011 | 4% | £978pcm |
| April 2010 | 5.3% | £940pcm |
| April 2009 | -3.5% | £893pcm |
| April 2008 | 2.5% | £926pcm |
| April 2007 | 0% | £903pcm |
The last sale was on 17th March 2026 for £630,000 and since then the market in the area has increased by 0.7%. The postcode has had a total of 38 sales since 1995.
SO16 3TT has seen 4 sales in the last three years and 1 sale in the last twelve months.
SO16 3TT is the 1207th largest and the 1364th most expensive postcode out of the 1,488 postcodes in the SO16 area.
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The closest station to SO16 3TT is Swaythling station which is 1.3 kilometres away.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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.
The recent census recorded whether a resident owned or rented their home.
In the area around SO16 3TT, 56.9% of property is privately owned outright and 38.2% 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 SO16 3TT, 13.6% of residents are recorded as possessing school level qualifications and 50.0% 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 SO16 3TT, the average age was 36.1 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 SO16 3TT, 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 SO16 3TT, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.