Water Lane - SO40 3DP
Key Postcode Insights
SO40 3DP is a residential postcode situated on Water Lane, Totton, Southampton, SO40 with 48 addresses.
It ranks as the 939th largest and 14th most expensive of the 974 postcodes in the SO40 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 48 properties: 1 house and 47 flats.
- Ave. Sale Price
- £150,074
- 10 Year change
- up 12.9%
- Ave. Rental Price
- £981pcm
- 10 Year change
- up 41.4%
- Ave. £ per ft²
- £270/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Key Postcode Insights
SO40 3DP is a residential postcode situated on Water Lane, Totton, Southampton, SO40 with 48 addresses.
It ranks as the 939th largest and 14th most expensive of the 974 postcodes in the SO40 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 48 properties: 1 house and 47 flats.
- Ave. Sale Price
- £150,074
- 10 Year change
- up 12.9%
- Ave. Rental Price
- £981pcm
- 10 Year change
- up 41.4%
- Ave. £ per ft²
- £270/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Explore Propertiesin SO40 3DP
- Springdale Court
Modern Building | 33 Units
- Flat 2, 4 Water Lane
Unknown
- 6 Water Lane
Building  |  2 Flats
- Flat 1, 6A Water Lane
Unknown
- 7 Water Lane
Building  |  2 Flats
Sales Market Trends
The last sale in SO40 3DP sold for £136,000 on 29th September 2025. Since then prices are down an average of 1.0%.
The current average value in the postcode is £150,074.
The SO40 3DP Sales Market has increased by 12.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.9% | £150,074 |
| June 2025 | -2% | £156,106 |
| June 2024 | 0.6% | £159,222 |
| June 2023 | -1.1% | £158,316 |
| June 2022 | 9.8% | £159,996 |
| June 2021 | 4.3% | £145,776 |
| June 2020 | 0.8% | £139,730 |
| June 2019 | -0.3% | £138,683 |
| June 2018 | 2.4% | £139,058 |
| June 2017 | 2.2% | £135,823 |
| June 2016 | 8% | £132,931 |
| June 2015 | 7.9% | £123,058 |
| June 2014 | 6% | £114,029 |
| June 2013 | 0.9% | £107,610 |
| June 2012 | 1.4% | £106,697 |
| June 2011 | 0.1% | £105,193 |
| June 2010 | 6.3% | £105,138 |
| June 2009 | -9.6% | £98,930 |
| June 2008 | -5.5% | £109,388 |
| June 2007 | 0% | £115,767 |
Rental Market Trends
The current average rental value in the postcode is £981.
The SO40 3DP Rental Market has increased by 41.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £981pcm |
| June 2025 | 2.9% | £953pcm |
| June 2024 | 8.3% | £926pcm |
| June 2023 | 9% | £856pcm |
| June 2022 | 8.7% | £785pcm |
| June 2021 | 2.6% | £722pcm |
| June 2020 | 1.3% | £704pcm |
| June 2019 | 1.5% | £695pcm |
| June 2018 | 0.2% | £684pcm |
| June 2017 | -1.5% | £683pcm |
| June 2016 | 3.2% | £693pcm |
| June 2015 | 3.5% | £672pcm |
| June 2014 | 2.9% | £649pcm |
| June 2013 | 2.3% | £630pcm |
| June 2012 | -0.1% | £616pcm |
| June 2011 | 0.9% | £616pcm |
| June 2010 | 5.2% | £610pcm |
| June 2009 | -3.1% | £580pcm |
| June 2008 | 1.2% | £599pcm |
| June 2007 | 0% | £591pcm |
Sales History
The last sale was on 29th September 2025 for £136,000 and since then the market in the area has decreased by 1.0%. The postcode has had a total of 144 sales since 1995.
SO40 3DP has seen 12 sales in the last three years and 2 sales in the last twelve months.
- Sold Sep 2025£136,000 | 1 Bed FlatFlat 1, Springdale Court 16, Water Lane, Southampton, SO40 3DPFlat 1, Springdale Court 16, Water Lane, Southampton, SO40 3DP
- Sold Sep 2025£142,000 | 2 Bed FlatFlat 3, Springdale Court 16, Water Lane, Southampton, SO40 3DPFlat 3, Springdale Court 16, Water Lane, Southampton, SO40 3DP
- Sold Apr 2025£110,000 | 1 Bed FlatFlat 27, Springdale Court 16, Water Lane, Southampton, SO40 3DPFlat 27, Springdale Court 16, Water Lane, Southampton, SO40 3DP
- Sold Mar 2025£130,000 | 1 Bed FlatFlat 21, Springdale Court 16, Water Lane, Southampton, SO40 3DPFlat 21, Springdale Court 16, Water Lane, Southampton, SO40 3DP
- Sold Jan 2025£140,000 | 1 Bed FlatFlat 20, Springdale Court 16, Water Lane, Southampton, SO40 3DPFlat 20, Springdale Court 16, Water Lane, Southampton, SO40 3DP
Nearby Postcodes
SO40 3DP is the 939th largest and the 14th most expensive postcode out of the 974 postcodes in the SO40 area.
- SO40 3DE, Popes Lane, Totton, Southampton, SO40SO40 3DE9 Addresses|45 m away
- SO40 3RE, Water Lane, Totton, Southampton, SO40SO40 3RE13 Addresses|45 m away
- SO40 3RB, Water Lane, Totton, Southampton, SO40SO40 3RB21 Addresses|53 m away
- SO40 3GF, Popes Lane, Totton, Southampton, SO40SO40 3GF49 Addresses|70 m away
- SO40 8BZ, Ringwood Road, Totton, Southampton, SO40SO40 8BZ4 Addresses|74 m away
Property Types
- 33 modern flats built after 1980
- 12 mid-century flats built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 2 other addresses of unknown type
- modern flat (33)
- mid-century flat (12)
- early-century house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 41 properties.
- The most common rating is C.
- A (0)
- E (4)
- B (7)
- F (0)
- C (18)
- G (0)
- D (12)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Nov 2019£490,000 | 3 Bed House87, Water Lane, Southampton, SO40 3DJ87, Water Lane, Southampton, SO40 3DJ
- Sold Jul 2025£415,000 | 3 Bed House37, Water Lane, Southampton, SO40 3DG37, Water Lane, Southampton, SO40 3DG
- Sold Nov 2016£411,000 | 5 Bed House38, Water Lane, Southampton, SO40 3DN38, Water Lane, Southampton, SO40 3DN
Schools Nearby
- Lydlynch Infant School400 m away
- Abbotswood Junior School700 m away
- Eling Infant School and Nursery700 m away
- Testwood School700 m away
- Hounsdown School1.6 km away
- Redbridge Community School1.8 km away
More reading links
Public Transport Nearby
The closest station to SO40 3DP is Totton station, which is 600 metres away.
- Totton|600 m away
- Redbridge|1.5 km away
- Ashurst New Forest|4.1 km away
- Millbrook (Hants)|4.1 km away
