SO16 4RP is a residential postcode situated on Park Street, Southampton, SO16 with 24 addresses.
It ranks as the 996th largest and 18th most expensive of the 1,488 postcodes in the SO16 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 24 properties: 24 flats.
SO16 4RP is a residential postcode situated on Park Street, Southampton, SO16 with 24 addresses.
It ranks as the 996th largest and 18th most expensive of the 1,488 postcodes in the SO16 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 24 properties: 24 flats.
Sale prices range from £89,412 for 1 bedroom leasehold flats (312 ft2) to £129,643 for 2 bedroom leasehold flats (656 ft2) .
Monthly rental prices range from £742 pcm for 1 bed flats to £970 pcm for 2 bed flats.
The gross rental yield is between 9.0% and 10.0%.
The average value per square foot is £240.
The last sale in SO16 4RP sold for £150,000 on 8th December 2023. Since then prices are down an average of 3.6%.
The current average value in the postcode is £109,243.
The SO16 4RP Sales Market has increased by 7.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.3% | £109,243 |
| April 2025 | -0.2% | £114,191 |
| April 2024 | 0.6% | £114,418 |
| April 2023 | 1.5% | £113,738 |
| April 2022 | 6.4% | £112,012 |
| April 2021 | 0.6% | £105,240 |
| April 2020 | 0.9% | £104,573 |
| April 2019 | -1.2% | £103,590 |
| April 2018 | -0.1% | £104,901 |
| April 2017 | 3.4% | £105,033 |
| April 2016 | 7.5% | £101,619 |
| April 2015 | 5.8% | £94,497 |
| April 2014 | 5.6% | £89,316 |
| April 2013 | 0.4% | £84,557 |
| April 2012 | -3% | £84,251 |
| April 2011 | -2.8% | £86,824 |
| April 2010 | 5.9% | £89,311 |
| April 2009 | -11.9% | £84,353 |
| April 2008 | -2% | £95,693 |
| April 2007 | 0% | £97,620 |
The current average rental value in the postcode is £875.
The SO16 4RP Rental Market has increased by 35.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £875pcm |
| April 2025 | 2.9% | £854pcm |
| April 2024 | 8.9% | £830pcm |
| April 2023 | 7.7% | £762pcm |
| April 2022 | 6.3% | £707pcm |
| April 2021 | 3.2% | £665pcm |
| April 2020 | 2.6% | £645pcm |
| April 2019 | 0.9% | £628pcm |
| April 2018 | -1.7% | £623pcm |
| April 2017 | -1.8% | £634pcm |
| April 2016 | 2.7% | £645pcm |
| April 2015 | 3% | £628pcm |
| April 2014 | 2.8% | £610pcm |
| April 2013 | 2.6% | £593pcm |
| April 2012 | -1.3% | £579pcm |
| April 2011 | 1.7% | £586pcm |
| April 2010 | 3.1% | £576pcm |
| April 2009 | -4.4% | £559pcm |
| April 2008 | 0.1% | £584pcm |
| April 2007 | 0% | £584pcm |
The last sale was on 8th December 2023 for £150,000 and since then the market in the area has decreased by 3.6%. The postcode has had a total of 27 sales since 1995.
SO16 4RP has seen 2 sales in the last three years and no sales in the last twelve months.
SO16 4RP is the 996th largest and the 18th most expensive postcode out of the 1,488 postcodes in the SO16 area.
Be the first Estate
Agent here!
The closest station to SO16 4RP is Millbrook (Hants) station which is 1.2 kilometres away.
Be the first Estate
Agent here!