SO32 1LZ is a residential postcode situated on Merlin Close, Bishops Waltham, Southampton, SO32 with 16 addresses.
It ranks as the 370th largest and 265th most expensive of the 652 postcodes in the SO32 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 16 properties: 16 houses.
SO32 1LZ is a residential postcode situated on Merlin Close, Bishops Waltham, Southampton, SO32 with 16 addresses.
It ranks as the 370th largest and 265th most expensive of the 652 postcodes in the SO32 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 16 properties: 16 houses.
Sale prices range from £284,969 for 2 bedroom freehold houses with a garden (592 ft2) to £553,643 for 3 bedroom freehold houses with a garden (1,173 ft2) .
Monthly rental prices range from £1,394 pcm for 2 bed houses to £2,045 pcm for 3 bed houses.
The gross rental yield is between 4.1% and 5.9%.
The average value per square foot is £444.
The last sale in SO32 1LZ sold for £507,500 on 31st March 2025. Since then prices are down an average of 1.2%.
The current average value in the postcode is £404,251.
The SO32 1LZ Sales Market has increased by 18.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.6% | £404,251 |
| April 2025 | 0.5% | £410,737 |
| April 2024 | -5.9% | £408,642 |
| April 2023 | 4.2% | £434,491 |
| April 2022 | 7.7% | £416,854 |
| April 2021 | 6.2% | £386,892 |
| April 2020 | 2.4% | £364,450 |
| April 2019 | 0.5% | £355,800 |
| April 2018 | -0.7% | £354,043 |
| April 2017 | 4.3% | £356,714 |
| April 2016 | 4.5% | £342,147 |
| April 2015 | 10.3% | £327,259 |
| April 2014 | 9% | £296,767 |
| April 2013 | 3.2% | £272,154 |
| April 2012 | -0.8% | £263,797 |
| April 2011 | 0.5% | £265,803 |
| April 2010 | 8.6% | £264,449 |
| April 2009 | -9.7% | £243,415 |
| April 2008 | 0.6% | £269,654 |
| April 2007 | 0% | £267,955 |
The current average rental value in the postcode is £1,713.
The SO32 1LZ Rental Market has increased by 58.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.1% | £1,713pcm |
| April 2025 | 7.1% | £1,646pcm |
| April 2024 | 8.1% | £1,537pcm |
| April 2023 | 5.3% | £1,422pcm |
| April 2022 | 11.6% | £1,351pcm |
| April 2021 | 4.2% | £1,210pcm |
| April 2020 | 1.7% | £1,161pcm |
| April 2019 | 2.5% | £1,141pcm |
| April 2018 | 1.2% | £1,113pcm |
| April 2017 | 1.9% | £1,100pcm |
| April 2016 | 6.3% | £1,079pcm |
| April 2015 | 6% | £1,015pcm |
| April 2014 | 2.8% | £957pcm |
| April 2013 | 4.7% | £931pcm |
| April 2012 | 1.4% | £889pcm |
| April 2011 | 3.6% | £877pcm |
| April 2010 | 2.6% | £847pcm |
| April 2009 | -4.3% | £825pcm |
| April 2008 | 3% | £862pcm |
| April 2007 | 0% | £837pcm |
The last sale was on 31st March 2025 for £507,500 and since then the market in the area has decreased by 1.2%. The postcode has had a total of 19 sales since 1995.
SO32 1LZ has seen 4 sales in the last three years and no sales in the last twelve months.
SO32 1LZ is the 370th largest and the 265th most expensive postcode out of the 652 postcodes in the SO32 area.
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The closest station to SO32 1LZ is Botley station which is 5.2 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around SO32 1LZ, 53.6% of property is privately owned outright and 32.5% 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 SO32 1LZ, 20.1% of residents are recorded as possessing school level qualifications and 47.5% 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 SO32 1LZ, the average age was 44.8 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 SO32 1LZ, 1.1% 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 SO32 1LZ, 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, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.