Water Lane - SO40 3GS
Key Postcode Insights
SO40 3GS is a residential postcode situated on Water Lane, Totton, Southampton, SO40 with 23 addresses.
It ranks as the 674th largest and 322nd 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 23 properties: 23 houses.
- Ave. Sale Price
- £303,374
- 10 Year change
- up 27.9%
- Ave. Rental Price
- £1,714pcm
- 10 Year change
- up 60.2%
- Ave. £ per ft²
- £371/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Key Postcode Insights
SO40 3GS is a residential postcode situated on Water Lane, Totton, Southampton, SO40 with 23 addresses.
It ranks as the 674th largest and 322nd 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 23 properties: 23 houses.
- Ave. Sale Price
- £303,374
- 10 Year change
- up 27.9%
- Ave. Rental Price
- £1,714pcm
- 10 Year change
- up 60.2%
- Ave. £ per ft²
- £371/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Explore Propertiesin SO40 3GS
- 88 Water Lane
2 Bed Early-century House
- 102 Water Lane
2 Bed Mid-century House
- 104A Water Lane
3 Bed Modern House
- 104 Water Lane
3 Bed Modern House
- 106 Water Lane
3 Bed Early-century House
Sales Market Trends
The last sale in SO40 3GS sold for £297,000 on 14th December 2023. Since then prices are down an average of 2.8%.
The current average value in the postcode is £303,374.
The SO40 3GS Sales Market has increased by 27.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.4% | £303,374 |
| June 2025 | 0% | £310,805 |
| June 2024 | -0.2% | £310,800 |
| June 2023 | -0.7% | £311,384 |
| June 2022 | 13% | £313,427 |
| June 2021 | 6.9% | £277,388 |
| June 2020 | 0.4% | £259,518 |
| June 2019 | 0.2% | £258,575 |
| June 2018 | 4.4% | £258,128 |
| June 2017 | 4.3% | £247,354 |
| June 2016 | 9.3% | £237,220 |
| June 2015 | 8.9% | £216,966 |
| June 2014 | 7.8% | £199,316 |
| June 2013 | 0.6% | £184,935 |
| June 2012 | 2.8% | £183,909 |
| June 2011 | 0.9% | £178,860 |
| June 2010 | 8.5% | £177,190 |
| June 2009 | -9.4% | £163,295 |
| June 2008 | -4.8% | £180,273 |
| June 2007 | 0% | £189,442 |
Rental Market Trends
The current average rental value in the postcode is £1,714.
The SO40 3GS Rental Market has increased by 60.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.5% | £1,714pcm |
| June 2025 | 4.9% | £1,640pcm |
| June 2024 | 7.4% | £1,563pcm |
| June 2023 | 9.5% | £1,455pcm |
| June 2022 | 12% | £1,329pcm |
| June 2021 | 5.1% | £1,187pcm |
| June 2020 | 0.9% | £1,130pcm |
| June 2019 | 2% | £1,120pcm |
| June 2018 | 2.2% | £1,098pcm |
| June 2017 | 0.5% | £1,075pcm |
| June 2016 | 4.5% | £1,070pcm |
| June 2015 | 4.4% | £1,024pcm |
| June 2014 | 4.7% | £980pcm |
| June 2013 | 2% | £936pcm |
| June 2012 | 1.3% | £917pcm |
| June 2011 | 1.8% | £906pcm |
| June 2010 | 7.4% | £889pcm |
| June 2009 | -3% | £828pcm |
| June 2008 | 2% | £853pcm |
| June 2007 | 0% | £837pcm |
Sales History
The last sale was on 14th December 2023 for £297,000 and since then the market in the area has decreased by 2.8%. The postcode has had a total of 35 sales since 1995.
SO40 3GS has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Dec 2023£297,000 | 2 Bed House118, Water Lane, Southampton, SO40 3GS118, Water Lane, Southampton, SO40 3GS
- Sold Oct 2022£350,000 | 3 Bed House132, Water Lane, Southampton, SO40 3GS132, Water Lane, Southampton, SO40 3GS
- Sold Mar 2021£256,000 | 3 Bed House108, Water Lane, Southampton, SO40 3GS108, Water Lane, Southampton, SO40 3GS
- Sold Mar 2021£297,000 | 3 Bed House136, Water Lane, Southampton, SO40 3GS136, Water Lane, Southampton, SO40 3GS
- Sold Oct 2019£260,000 | 3 Bed House110, Water Lane, Southampton, SO40 3GS110, Water Lane, Southampton, SO40 3GS
Nearby Postcodes
SO40 3GS is the 674th largest and the 322nd most expensive postcode out of the 974 postcodes in the SO40 area.
- SO40 3JZ, Windermere Gardens, Totton, Southampton, SO40SO40 3JZ31 Addresses|40 m away
- SO40 3GT, Water Lane, Totton, Southampton, SO40SO40 3GT9 Addresses|85 m away
- SO40 3LA, Sunset Road, Totton, Southampton, SO40SO40 3LA35 Addresses|97 m away
- SO40 3GJ, Wickham Court, Totton, Southampton, SO40SO40 3GJ10 Addresses|126 m away
- SO40 8XD, Mussett Close, Totton, Southampton, SO40SO40 8XD10 Addresses|126 m away
Property Types
- 3 modern houses built after 1980
- 4 mid-century houses built between 1936 and 1979
- 10 early-century houses built between 1912 and 1935
- 6 other addresses of unknown type
- modern house (3)
- mid-century house (4)
- early-century house (10)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 17 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (2)
- F (0)
- C (1)
- G (0)
- D (11)
- No EPC (6)
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 School200 m away
- Abbotswood Junior School300 m away
- Oakfield Academy600 m away
- Testwood School700 m away
- Hounsdown School1.7 km away
- Redbridge Community School2.2 km away
More reading links
Public Transport Nearby
The closest station to SO40 3GS is Totton station, which is 1.1 kilometres away.
- Totton|1.1 km away
- Redbridge|2.0 km away
- Ashurst New Forest|3.9 km away
- Millbrook (Hants)|4.6 km away
