SO31 4NZ is a residential postcode situated on Mercury Gardens, Hamble, Southampton, SO31 with 34 addresses.
It ranks as the 974th largest and 762nd most expensive of the 1,141 postcodes in the SO31 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 34 properties: 34 houses.
SO31 4NZ is a residential postcode situated on Mercury Gardens, Hamble, Southampton, SO31 with 34 addresses.
It ranks as the 974th largest and 762nd most expensive of the 1,141 postcodes in the SO31 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 34 properties: 34 houses.
Sale prices range from £375,172 for 2 bedroom freehold houses with a garden (645 ft2) to £665,157 for 4 bedroom freehold houses with a garden (1,593 ft2) .
Monthly rental prices range from £1,404 pcm for 2 bed houses to £2,116 pcm for 4 bed houses.
The gross rental yield is between 3.8% and 4.5%.
The average value per square foot is £512.
The last sale in SO31 4NZ sold for £475,000 on 15th November 2024. Since then prices are down an average of 0.6%.
The current average value in the postcode is £497,809.
The SO31 4NZ Sales Market has increased by 28.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.7% | £497,809 |
| April 2025 | 2.3% | £506,540 |
| April 2024 | -2.9% | £495,091 |
| April 2023 | 0.6% | £509,989 |
| April 2022 | 13.1% | £506,754 |
| April 2021 | 3.8% | £447,887 |
| April 2020 | 3.5% | £431,311 |
| April 2019 | -0.9% | £416,914 |
| April 2018 | 3.6% | £420,785 |
| April 2017 | 5.2% | £405,987 |
| April 2016 | 7.9% | £386,053 |
| April 2015 | 7.4% | £357,754 |
| April 2014 | 9.2% | £333,159 |
| April 2013 | 3% | £305,140 |
| April 2012 | 0% | £296,164 |
| April 2011 | -0.4% | £296,188 |
| April 2010 | 8.3% | £297,285 |
| April 2009 | -11.5% | £274,562 |
| April 2008 | -0.1% | £310,079 |
| April 2007 | 0% | £310,376 |
The current average rental value in the postcode is £1,758.
The SO31 4NZ Rental Market has increased by 53.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.7% | £1,758pcm |
| April 2025 | 4.2% | £1,695pcm |
| April 2024 | 7.6% | £1,627pcm |
| April 2023 | 8.4% | £1,513pcm |
| April 2022 | 9.4% | £1,395pcm |
| April 2021 | 5.7% | £1,275pcm |
| April 2020 | 1.9% | £1,206pcm |
| April 2019 | 0.2% | £1,183pcm |
| April 2018 | 1.3% | £1,181pcm |
| April 2017 | 1.8% | £1,165pcm |
| April 2016 | 4.6% | £1,145pcm |
| April 2015 | 4% | £1,095pcm |
| April 2014 | 4.4% | £1,053pcm |
| April 2013 | 3.3% | £1,009pcm |
| April 2012 | 1.8% | £977pcm |
| April 2011 | 3% | £960pcm |
| April 2010 | 4.7% | £932pcm |
| April 2009 | -5.1% | £890pcm |
| April 2008 | 3.6% | £938pcm |
| April 2007 | 0% | £905pcm |
The last sale was on 15th November 2024 for £475,000 and since then the market in the area has decreased by 0.6%. The postcode has had a total of 31 sales since 1995.
SO31 4NZ has seen 2 sales in the last three years and no sales in the last twelve months.
SO31 4NZ is the 974th largest and the 762nd most expensive postcode out of the 1,141 postcodes in the SO31 area.
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The closest station to SO31 4NZ is Hamble station which is 1.2 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around SO31 4NZ, 50.0% of property is privately owned outright and 39.8% 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 SO31 4NZ, 14.1% of residents are recorded as possessing school level qualifications and 48.4% 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 SO31 4NZ, the average age was 43.8 and the most common age was 57.
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 SO31 4NZ, 0.8% 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 SO31 4NZ, there are an average of 1.7 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.