Balmoral Way - SO16 8LU
Key Postcode Insights
SO16 8LU is a residential postcode situated on Balmoral Way, Rownhams, Southampton, SO16 with 1 addresses.
It ranks as the 28th largest and 1316th 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 1 properties: 1 house.
- Ave. Sale Price
- £485,913
- 10 Year change
- up 25.1%
- Ave. Rental Price
- £1,809pcm
- 10 Year change
- up 53.6%
- Ave. £ per ft²
- £282/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
SO16 8LU is a residential postcode situated on Balmoral Way, Rownhams, Southampton, SO16 with 1 addresses.
It ranks as the 28th largest and 1316th 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 1 properties: 1 house.
- Ave. Sale Price
- £485,913
- 10 Year change
- up 25.1%
- Ave. Rental Price
- £1,809pcm
- 10 Year change
- up 53.6%
- Ave. £ per ft²
- £282/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Sales Market Trends
The last sale in SO16 8LU sold for £410,000 on 16th August 2005. Since then prices are down an average of 0.0%.
The current average value in the postcode is £485,913.
The SO16 8LU Sales Market has increased by 25.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.7% | £485,913 |
| June 2025 | 2.3% | £509,649 |
| June 2024 | -0.7% | £498,085 |
| June 2023 | -0.2% | £501,681 |
| June 2022 | 11.8% | £502,743 |
| June 2021 | 5.1% | £449,817 |
| June 2020 | 1.8% | £427,833 |
| June 2019 | 0.4% | £420,472 |
| June 2018 | 2.9% | £418,776 |
| June 2017 | 4.8% | £407,115 |
| June 2016 | 7.7% | £388,565 |
| June 2015 | 7.8% | £360,814 |
| June 2014 | 5% | £334,833 |
| June 2013 | 2.6% | £318,894 |
| June 2012 | 0.2% | £310,834 |
| June 2011 | -1.7% | £310,283 |
| June 2010 | 13% | £315,725 |
| June 2009 | -8.6% | £279,424 |
| June 2008 | -0.2% | £305,707 |
| June 2007 | 0% | £306,348 |
Rental Market Trends
The current average rental value in the postcode is £1,809.
The SO16 8LU Rental Market has increased by 53.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £1,809pcm |
| June 2025 | 5.4% | £1,773pcm |
| June 2024 | 5.9% | £1,682pcm |
| June 2023 | 8.9% | £1,588pcm |
| June 2022 | 10.2% | £1,459pcm |
| June 2021 | 6.3% | £1,324pcm |
| June 2020 | 2.4% | £1,246pcm |
| June 2019 | 1.7% | £1,216pcm |
| June 2018 | 0.9% | £1,195pcm |
| June 2017 | 0.5% | £1,184pcm |
| June 2016 | 3.2% | £1,178pcm |
| June 2015 | 3.5% | £1,141pcm |
| June 2014 | 3% | £1,102pcm |
| June 2013 | 2.1% | £1,071pcm |
| June 2012 | 0.9% | £1,048pcm |
| June 2011 | 3.5% | £1,039pcm |
| June 2010 | 9.4% | £1,004pcm |
| June 2009 | -1.4% | £918pcm |
| June 2008 | 2.5% | £931pcm |
| June 2007 | 0% | £908pcm |
Sales History
The last sale was on 16th August 2005 for £410,000 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
SO16 8LU has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
SO16 8LU is the 28th largest and the 1316th most expensive postcode out of the 1,488 postcodes in the SO16 area.
- SO16 8JQ, Nutfield Road, Rownhams, Southampton, SO16SO16 8JQ8 Addresses|31 m away
- SO16 8JT, Greenwood Avenue, Rownhams, Southampton, SO16SO16 8JT6 Addresses|63 m away
- SO16 8JS, Greenwood Avenue, Rownhams, Southampton, SO16SO16 8JS15 Addresses|95 m away
- SO16 0YJ, Horns Hill Close, Nursling, Southampton, SO16SO16 0YJ6 Addresses|129 m away
- SO16 8JN, Nutfield Road, Rownhams, Southampton, SO16SO16 8JN34 Addresses|156 m away
Property Types
- 1 early-century house built between 1912 and 1935
- early-century house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Oct 2022£592,500 | 4 Bed House24, Balmoral Way, Southampton, SO16 8LL24, Balmoral Way, Southampton, SO16 8LL
- Sold Sep 2020£527,500 | 4 Bed House1, Balmoral Way, Southampton, SO16 8LL1, Balmoral Way, Southampton, SO16 8LL
- Sold Apr 2019£495,000 | 4 Bed House20, Balmoral Way, Southampton, SO16 8LL20, Balmoral Way, Southampton, SO16 8LL
Schools Nearby
- Nursling Church of England Primary School600 m away
- Rownhams St John's Church of England Primary School700 m away
- Fairisle Infant and Nursery School1.2 km away
- Oasis Academy Lord's Hill1.8 km away
- Redbridge Community School2.9 km away
- Testwood School3.3 km away
More reading links
Public Transport Nearby
The closest station to SO16 8LU is Redbridge station, which is 3.3 kilometres away.
- Redbridge|3.3 km away
- Totton|3.7 km away
- Millbrook (Hants)|4.7 km away
- Romsey|5.2 km away
