Palm Road - SO16 5EL
Key Postcode Insights
SO16 5EL is a residential postcode situated on Palm Road, Southampton, SO16 with 5 addresses.
It ranks as the 159th largest and 915th most expensive of the 1,488 postcodes in the SO16 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £272,843
- 10 Year change
- up 30.4%
- Ave. Rental Price
- £1,428pcm
- 10 Year change
- up 60.0%
- Ave. £ per ft²
- £377/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
SO16 5EL is a residential postcode situated on Palm Road, Southampton, SO16 with 5 addresses.
It ranks as the 159th largest and 915th most expensive of the 1,488 postcodes in the SO16 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £272,843
- 10 Year change
- up 30.4%
- Ave. Rental Price
- £1,428pcm
- 10 Year change
- up 60.0%
- Ave. £ per ft²
- £377/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin SO16 5EL
- 20 Palm Road
House
- 22 Palm Road
3 Bed Early-century House
- 24 Palm Road
3 Bed Early-century House
- 26 Palm Road
3 Bed Early-century House
- 28 Palm Road
2 Bed Early-century House
Sales Market Trends
The last sale in SO16 5EL sold for £246,000 on 8th March 2024. Since then prices are up an average of 1.0%.
The current average value in the postcode is £272,843.
The SO16 5EL Sales Market has increased by 30.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £272,843 |
| June 2025 | 2.2% | £279,755 |
| June 2024 | 0.9% | £273,680 |
| June 2023 | 0.3% | £271,244 |
| June 2022 | 13.9% | £270,531 |
| June 2021 | 3% | £237,530 |
| June 2020 | 0.2% | £230,635 |
| June 2019 | 0.7% | £230,200 |
| June 2018 | 4.2% | £228,498 |
| June 2017 | 4.8% | £219,211 |
| June 2016 | 9.4% | £209,246 |
| June 2015 | 8.5% | £191,303 |
| June 2014 | 7.2% | £176,253 |
| June 2013 | 3.8% | £164,427 |
| June 2012 | 0.4% | £158,390 |
| June 2011 | -4.8% | £157,697 |
| June 2010 | 11.5% | £165,646 |
| June 2009 | -10.3% | £148,574 |
| June 2008 | -0.4% | £165,556 |
| June 2007 | 0% | £166,172 |
Rental Market Trends
The current average rental value in the postcode is £1,428.
The SO16 5EL Rental Market has increased by 60.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.5% | £1,428pcm |
| June 2025 | 4.8% | £1,366pcm |
| June 2024 | 7.7% | £1,304pcm |
| June 2023 | 9.7% | £1,211pcm |
| June 2022 | 12% | £1,104pcm |
| June 2021 | 4.8% | £986pcm |
| June 2020 | 0.7% | £941pcm |
| June 2019 | 1.9% | £934pcm |
| June 2018 | 2.2% | £917pcm |
| June 2017 | 0.5% | £897pcm |
| June 2016 | 4.8% | £893pcm |
| June 2015 | 4.4% | £852pcm |
| June 2014 | 5.4% | £816pcm |
| June 2013 | 2% | £774pcm |
| June 2012 | 1% | £759pcm |
| June 2011 | 1.7% | £752pcm |
| June 2010 | 7.2% | £739pcm |
| June 2009 | -3.2% | £689pcm |
| June 2008 | 2% | £712pcm |
| June 2007 | 0% | £698pcm |
Sales History
The last sale was on 8th March 2024 for £246,000 and since then the market in the area has increased by 1.0%. The postcode has had a total of 11 sales since 1995.
SO16 5EL has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2024£246,000 | 2 Bed House28, Palm Road, Southampton, SO16 5EL28, Palm Road, Southampton, SO16 5EL
- Sold Nov 2018£205,000 | 2 Bed House28, Palm Road, Southampton, SO16 5EL28, Palm Road, Southampton, SO16 5EL
- Sold Jan 2016£190,000 | 3 Bed House24, Palm Road, Southampton, SO16 5EL24, Palm Road, Southampton, SO16 5EL
- Sold Nov 2013£136,500 | 2 Bed House28, Palm Road, Southampton, SO16 5EL28, Palm Road, Southampton, SO16 5EL
- Sold Jan 2008£157,000 | 3 Bed House24, Palm Road, Southampton, SO16 5EL24, Palm Road, Southampton, SO16 5EL
Nearby Postcodes
SO16 5EL is the 159th largest and the 915th most expensive postcode out of the 1,488 postcodes in the SO16 area.
- SO16 5EN, Palm Road, Southampton, SO16SO16 5EN6 Addresses|51 m away
- SO16 5ES, Larch Road, Southampton, SO16SO16 5ES18 Addresses|54 m away
- SO16 5ET, Larch Road, Southampton, SO16SO16 5ET9 Addresses|63 m away
- SO16 5EU, Palm Road, Southampton, SO16SO16 5EU5 Addresses|78 m away
- SO16 5EJ, Palm Road, Southampton, SO16SO16 5EJ9 Addresses|80 m away
Property Types
- 4 early-century houses built between 1912 and 1935
- 1 other address of unknown type
- early-century house (4)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (1)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Sep 2023£305,000 | 4 Bed House114, Palm Road, Southampton, SO16 5HF114, Palm Road, Southampton, SO16 5HF
- Sold May 2023£272,000 | 3 Bed House34, Palm Road, Southampton, SO16 5EU34, Palm Road, Southampton, SO16 5EU
- Sold Sep 2024£260,000 | 3 Bed House59, Palm Road, Southampton, SO16 5HE59, Palm Road, Southampton, SO16 5HE
Schools Nearby
- Shirley Warren Primary & Nursery School800 m away
- Fairisle Infant and Nursery School900 m away
- Fairisle Junior School900 m away
- Oasis Academy Lord's Hill600 m away
- Regents Park Community College1.4 km away
- Upper Shirley High School1.6 km away
More reading links
Public Transport Nearby
The closest station to SO16 5EL is Redbridge station, which is 2.5 kilometres away.
- Redbridge|2.5 km away
- Millbrook (Hants)|2.8 km away
- Totton|3.2 km away
- Southampton Central|3.8 km away