Water Lane - SO40 3GE
Key Postcode Insights
SO40 3GE is a residential postcode situated on Water Lane, Totton, Southampton, SO40 with 24 addresses.
It ranks as the 700th largest and 235th most expensive of the 974 postcodes in the SO40 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 24 properties: 20 houses and 4 flats.
- Ave. Sale Price
- £260,351
- 10 Year change
- up 20.0%
- Ave. Rental Price
- £1,505pcm
- 10 Year change
- up 50.4%
- Ave. £ per ft²
- £302/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Key Postcode Insights
SO40 3GE is a residential postcode situated on Water Lane, Totton, Southampton, SO40 with 24 addresses.
It ranks as the 700th largest and 235th most expensive of the 974 postcodes in the SO40 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 24 properties: 20 houses and 4 flats.
- Ave. Sale Price
- £260,351
- 10 Year change
- up 20.0%
- Ave. Rental Price
- £1,505pcm
- 10 Year change
- up 50.4%
- Ave. £ per ft²
- £302/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Explore Propertiesin SO40 3GE
- 193 Water Lane
3 Bed Mid-century House
- 195 Water Lane
3 Bed Mid-century House
- 197 Water Lane
Unknown
- 199 Water Lane
2 Bed Mid-century Flat
- 201 Water Lane
2 Bed Early-century Flat
Sales Market Trends
The last sale in SO40 3GE sold for £290,000 on 14th February 2025. Since then prices are down an average of 1.6%.
The current average value in the postcode is £260,351.
The SO40 3GE Sales Market has increased by 20.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.1% | £260,351 |
| June 2025 | -1% | £268,554 |
| June 2024 | 0.2% | £271,145 |
| June 2023 | -0.9% | £270,612 |
| June 2022 | 11.1% | £272,989 |
| June 2021 | 5.5% | £245,639 |
| June 2020 | 0.9% | £232,842 |
| June 2019 | 0% | £230,862 |
| June 2018 | 3.4% | £230,893 |
| June 2017 | 2.9% | £223,223 |
| June 2016 | 8.5% | £216,898 |
| June 2015 | 8.2% | £199,970 |
| June 2014 | 6.5% | £184,790 |
| June 2013 | 0.8% | £173,472 |
| June 2012 | 1.9% | £172,177 |
| June 2011 | 0.7% | £169,041 |
| June 2010 | 7.2% | £167,939 |
| June 2009 | -9.5% | £156,667 |
| June 2008 | -5.5% | £173,195 |
| June 2007 | 0% | £183,204 |
Rental Market Trends
The current average rental value in the postcode is £1,505.
The SO40 3GE Rental Market has increased by 50.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £1,505pcm |
| June 2025 | 3.9% | £1,450pcm |
| June 2024 | 7.9% | £1,395pcm |
| June 2023 | 9.2% | £1,294pcm |
| June 2022 | 10.1% | £1,184pcm |
| June 2021 | 3.7% | £1,076pcm |
| June 2020 | 1.4% | £1,037pcm |
| June 2019 | 1.8% | £1,023pcm |
| June 2018 | 1.3% | £1,005pcm |
| June 2017 | -0.8% | £993pcm |
| June 2016 | 3.6% | £1,001pcm |
| June 2015 | 3.8% | £966pcm |
| June 2014 | 3.5% | £930pcm |
| June 2013 | 2.3% | £899pcm |
| June 2012 | 0.3% | £879pcm |
| June 2011 | 1.5% | £876pcm |
| June 2010 | 6.2% | £863pcm |
| June 2009 | -3.1% | £813pcm |
| June 2008 | 1.3% | £839pcm |
| June 2007 | 0% | £828pcm |
Sales History
The last sale was on 14th February 2025 for £290,000 and since then the market in the area has decreased by 1.6%. The postcode has had a total of 14 sales since 1995.
SO40 3GE has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2025£290,000 | 3 Bed House213, Water Lane, Southampton, SO40 3GE213, Water Lane, Southampton, SO40 3GE
- Sold Sep 2019£200,000 | 3 Bed House195, Water Lane, Southampton, SO40 3GE195, Water Lane, Southampton, SO40 3GE
- Sold Feb 2019£226,000 | 3 Bed House193, Water Lane, Southampton, SO40 3GE193, Water Lane, Southampton, SO40 3GE
- Sold Feb 2018£255,000 | 3 Bed House229, Water Lane, Southampton, SO40 3GE229, Water Lane, Southampton, SO40 3GE
- Sold May 2010£161,500 | 3 Bed House221, Water Lane, Southampton, SO40 3GE221, Water Lane, Southampton, SO40 3GE
Nearby Postcodes
SO40 3GE is the 700th largest and the 235th most expensive postcode out of the 974 postcodes in the SO40 area.
- SO40 3FW, Mountbatten Road, Totton, Southampton, SO40SO40 3FW11 Addresses|44 m away
- SO40 3FY, Alexander Close, Totton, Southampton, SO40SO40 3FY6 Addresses|76 m away
- SO40 3FR, Montgomery Avenue, Totton, Southampton, SO40SO40 3FR4 Addresses|96 m away
- SO40 3FX, Mountbatten Road, Totton, Southampton, SO40SO40 3FX12 Addresses|101 m away
- SO40 3SJ, Boniface Close, Totton, Southampton, SO40SO40 3SJ38 Addresses|134 m away
Property Types
- 4 mid-century houses built between 1936 and 1979
- 1 mid-century flat built between 1936 and 1979
- 6 early-century houses built between 1912 and 1935
- 3 early-century flats built between 1912 and 1935
- 10 other addresses of unknown type
- mid-century house (4)
- mid-century flat (1)
- early-century house (6)
- early-century flat (3)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (1)
- C (6)
- G (0)
- D (6)
- No EPC (10)
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
- Abbotswood Junior School400 m away
- Oakfield Academy500 m away
- Lydlynch Infant School700 m away
- Testwood School1.0 km away
- Hounsdown School2.0 km away
- Redbridge Community School2.7 km away
More reading links
Public Transport Nearby
The closest station to SO40 3GE is Totton station, which is 1.7 kilometres away.
- Totton|1.7 km away
- Redbridge|2.5 km away
- Ashurst New Forest|3.8 km away
- Millbrook (Hants)|5.1 km away
