Palm Road - SO16 5HE
Key Postcode Insights
SO16 5HE is a residential postcode situated on Palm Road, Southampton, SO16 with 34 addresses.
It ranks as the 1224th largest and 562nd 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 34 properties: 33 houses and 1 flat.
- Ave. Sale Price
- £229,492
- 10 Year change
- up 26.0%
- Ave. Rental Price
- £1,368pcm
- 10 Year change
- up 54.6%
- Ave. £ per ft²
- £308/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Key Postcode Insights
SO16 5HE is a residential postcode situated on Palm Road, Southampton, SO16 with 34 addresses.
It ranks as the 1224th largest and 562nd 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 34 properties: 33 houses and 1 flat.
- Ave. Sale Price
- £229,492
- 10 Year change
- up 26.0%
- Ave. Rental Price
- £1,368pcm
- 10 Year change
- up 54.6%
- Ave. £ per ft²
- £308/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Explore Propertiesin SO16 5HE
- 45 Palm Road
House
- 47 Palm Road
3 Bed Early-century House
- 49 Palm Road
House
- 51 Palm Road
3 Bed Early-century House
- 53 Palm Road
House
Sales Market Trends
The last sale in SO16 5HE sold for £250,000 on 15th January 2026. Since then prices are down an average of 0.1%.
The current average value in the postcode is £229,492.
The SO16 5HE Sales Market has increased by 26.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.8% | £229,492 |
| June 2025 | 1.7% | £236,145 |
| June 2024 | 1% | £232,177 |
| June 2023 | 0% | £229,898 |
| June 2022 | 12.8% | £229,931 |
| June 2021 | 2.5% | £203,887 |
| June 2020 | 0.5% | £198,852 |
| June 2019 | 0.6% | £197,838 |
| June 2018 | 3.7% | £196,585 |
| June 2017 | 4.1% | £189,560 |
| June 2016 | 8.7% | £182,117 |
| June 2015 | 8.2% | £167,616 |
| June 2014 | 6.2% | £154,881 |
| June 2013 | 3.9% | £145,820 |
| June 2012 | 0.2% | £140,342 |
| June 2011 | -4.9% | £140,123 |
| June 2010 | 11.1% | £147,369 |
| June 2009 | -10.1% | £132,597 |
| June 2008 | -0.6% | £147,428 |
| June 2007 | 0% | £148,368 |
Rental Market Trends
The current average rental value in the postcode is £1,368.
The SO16 5HE Rental Market has increased by 54.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £1,368pcm |
| June 2025 | 4.2% | £1,314pcm |
| June 2024 | 7.8% | £1,261pcm |
| June 2023 | 9.4% | £1,170pcm |
| June 2022 | 10.9% | £1,069pcm |
| June 2021 | 4.4% | £964pcm |
| June 2020 | 1% | £924pcm |
| June 2019 | 1.8% | £915pcm |
| June 2018 | 1.7% | £899pcm |
| June 2017 | -0.1% | £884pcm |
| June 2016 | 4.1% | £885pcm |
| June 2015 | 4.1% | £850pcm |
| June 2014 | 4.4% | £817pcm |
| June 2013 | 2.1% | £782pcm |
| June 2012 | 0.7% | £767pcm |
| June 2011 | 1.6% | £761pcm |
| June 2010 | 6.9% | £749pcm |
| June 2009 | -3% | £701pcm |
| June 2008 | 1.7% | £723pcm |
| June 2007 | 0% | £710pcm |
Sales History
The last sale was on 15th January 2026 for £250,000 and since then the market in the area has decreased by 0.1%. The postcode has had a total of 35 sales since 1995.
SO16 5HE has seen 4 sales in the last three years and 2 sales in the last twelve months.
- Sold Jan 2026£250,000 | 3 Bed House71, Palm Road, Southampton, SO16 5HE71, Palm Road, Southampton, SO16 5HE
- Sold Nov 2025£235,000 | 3 Bed House89, Palm Road, Southampton, SO16 5HE89, Palm Road, Southampton, SO16 5HE
- Sold Sep 2024£260,000 | 3 Bed House59, Palm Road, Southampton, SO16 5HE59, Palm Road, Southampton, SO16 5HE
- Sold Sep 2023£255,000 | 3 Bed House75, Palm Road, Southampton, SO16 5HE75, Palm Road, Southampton, SO16 5HE
- Sold Mar 2022£210,000 | 3 Bed House97, Palm Road, Southampton, SO16 5HE97, Palm Road, Southampton, SO16 5HE
Nearby Postcodes
SO16 5HE is the 1224th largest and the 562nd most expensive postcode out of the 1,488 postcodes in the SO16 area.
- SO16 5HF, Palm Road, Southampton, SO16SO16 5HF43 Addresses|56 m away
- SO16 5HB, Outer Circle, Southampton, SO16SO16 5HB27 Addresses|72 m away
- SO16 5HA, Aldermoor Avenue, Southampton, SO16SO16 5HA12 Addresses|95 m away
- SO16 5HD, Outer Circle, Southampton, SO16SO16 5HD13 Addresses|96 m away
- SO16 5GZ, Aldermoor Avenue, Southampton, SO16SO16 5GZ11 Addresses|119 m away
Property Types
- 4 mid-century houses built between 1936 and 1979
- 13 early-century houses built between 1912 and 1935
- 17 other addresses of unknown type
- mid-century house (4)
- early-century house (13)
- Unknown (17)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (10)
- G (0)
- D (8)
- No EPC (16)
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
- Oakwood Primary School1.1 km away
- Sinclair Primary and Nursery School - Part of the Learning Federation Partnership of Schools1.1 km away
- Oasis Academy Lord's Hill1.0 km away
- Upper Shirley High School1.4 km away
- Regents Park Community College1.5 km away
More reading links
Public Transport Nearby
The closest station to SO16 5HE is Millbrook (Hants) station, which is 2.8 kilometres away.
- Millbrook (Hants)|2.8 km away
- Redbridge|2.8 km away
- Totton|3.6 km away
- Southampton Central|3.7 km away