SO16 7LT is a residential postcode situated on Vermont Close, Southampton, SO16 with 51 addresses.
It ranks as the 1389th largest and 441st most expensive of the 1,488 postcodes in the SO16 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 51 properties: 16 houses and 35 flats.
SO16 7LT is a residential postcode situated on Vermont Close, Southampton, SO16 with 51 addresses.
It ranks as the 1389th largest and 441st most expensive of the 1,488 postcodes in the SO16 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 51 properties: 16 houses and 35 flats.
Sale prices range from £180,915 for 2 bedroom leasehold flats (687 ft2) to £755,382 for 4 bedroom freehold houses with a garden (1,679 ft2) .
Monthly rental prices range from £902 pcm for 2 bed flats to £2,394 pcm for 4 bed houses.
The gross rental yield is between 3.8% and 6.0%.
The average value per square foot is £263.
The last sale in SO16 7LT sold for £225,000 on 9th March 2026. Since then prices are up an average of 1.2%.
The current average value in the postcode is £281,695.
The SO16 7LT Sales Market has increased by 16.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3.7% | £281,695 |
| May 2025 | 1.5% | £292,581 |
| May 2024 | -0.1% | £288,169 |
| May 2023 | 1.2% | £288,383 |
| May 2022 | 9.2% | £284,921 |
| May 2021 | 2.3% | £260,899 |
| May 2020 | 0.5% | £255,069 |
| May 2019 | 0.1% | £253,735 |
| May 2018 | 0.7% | £253,373 |
| May 2017 | 3.7% | £251,550 |
| May 2016 | 7.9% | £242,471 |
| May 2015 | 5.6% | £224,693 |
| May 2014 | 5.6% | £212,875 |
| May 2013 | 0.5% | £201,616 |
| May 2012 | 0.1% | £200,594 |
| May 2011 | -1.9% | £200,353 |
| May 2010 | 9.6% | £204,199 |
| May 2009 | -9.6% | £186,351 |
| May 2008 | -0.1% | £206,152 |
| May 2007 | 0% | £206,305 |
The current average rental value in the postcode is £1,204.
The SO16 7LT Rental Market has increased by 43.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.4% | £1,204pcm |
| May 2025 | 3.9% | £1,175pcm |
| May 2024 | 7.1% | £1,131pcm |
| May 2023 | 8.8% | £1,055pcm |
| May 2022 | 7.7% | £970pcm |
| May 2021 | 4.8% | £900pcm |
| May 2020 | 1.9% | £859pcm |
| May 2019 | 0.8% | £843pcm |
| May 2018 | 0.1% | £836pcm |
| May 2017 | -0.5% | £835pcm |
| May 2016 | 3.3% | £839pcm |
| May 2015 | 4% | £812pcm |
| May 2014 | 2.7% | £781pcm |
| May 2013 | 1.5% | £761pcm |
| May 2012 | 1.4% | £749pcm |
| May 2011 | 2.3% | £739pcm |
| May 2010 | 7.4% | £722pcm |
| May 2009 | -2.6% | £672pcm |
| May 2008 | 2.1% | £691pcm |
| May 2007 | 0% | £676pcm |
The last sale was on 9th March 2026 for £225,000 and since then the market in the area has increased by 1.2%. The postcode has had a total of 123 sales since 1995.
SO16 7LT has seen 9 sales in the last three years and 3 sales in the last twelve months.
SO16 7LT is the 1389th largest and the 441st most expensive postcode out of the 1,488 postcodes in the SO16 area.
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The closest station to SO16 7LT is Swaythling station which is 2.3 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around SO16 7LT, 51.9% of property is privately owned outright and 35.3% 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 7LT, 30.1% of residents are recorded as possessing school level qualifications and 46.2% 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 7LT, the average age was 42.5 and the most common age was 27.
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 7LT, 1.8% 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 7LT, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.