Water Lane - SO40 3GU
Key Postcode Insights
SO40 3GU is a residential postcode situated on Water Lane, Totton, Southampton, SO40 with 13 addresses.
It ranks as the 391st largest and 445th most expensive of the 974 postcodes in the SO40 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 13 properties: 13 houses.
- Ave. Sale Price
- £330,584
- 10 Year change
- up 27.8%
- Ave. Rental Price
- £1,762pcm
- 10 Year change
- up 60.1%
- Ave. £ per ft²
- £355/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
SO40 3GU is a residential postcode situated on Water Lane, Totton, Southampton, SO40 with 13 addresses.
It ranks as the 391st largest and 445th most expensive of the 974 postcodes in the SO40 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 13 properties: 13 houses.
- Ave. Sale Price
- £330,584
- 10 Year change
- up 27.8%
- Ave. Rental Price
- £1,762pcm
- 10 Year change
- up 60.1%
- Ave. £ per ft²
- £355/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin SO40 3GU
- 149 Water Lane
Unknown
- 151 Water Lane
Unknown
- 153 Water Lane
2 Bed Mid-century House
- 155 Water Lane
3 Bed Mid-century House
- 163 Water Lane
4 Bed Mid-century House
Sales Market Trends
The last sale in SO40 3GU sold for £200,000 on 10th July 2025. Since then prices are down an average of 2.4%.
The current average value in the postcode is £330,584.
The SO40 3GU Sales Market has increased by 27.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.4% | £330,584 |
| June 2025 | 0% | £338,832 |
| June 2024 | -0.3% | £338,815 |
| June 2023 | -0.7% | £339,675 |
| June 2022 | 12.9% | £341,994 |
| June 2021 | 7% | £302,842 |
| June 2020 | 0.4% | £283,052 |
| June 2019 | 0.2% | £281,815 |
| June 2018 | 4.3% | £281,322 |
| June 2017 | 4.2% | £269,619 |
| June 2016 | 9.3% | £258,628 |
| June 2015 | 8.8% | £236,703 |
| June 2014 | 7.7% | £217,513 |
| June 2013 | 0.5% | £201,982 |
| June 2012 | 2.8% | £200,916 |
| June 2011 | 1.1% | £195,422 |
| June 2010 | 8.6% | £193,289 |
| June 2009 | -9.3% | £177,943 |
| June 2008 | -4.9% | £196,251 |
| June 2007 | 0% | £206,275 |
Rental Market Trends
The current average rental value in the postcode is £1,762.
The SO40 3GU Rental Market has increased by 60.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.4% | £1,762pcm |
| June 2025 | 4.9% | £1,687pcm |
| June 2024 | 7.4% | £1,608pcm |
| June 2023 | 9.4% | £1,497pcm |
| June 2022 | 11.9% | £1,368pcm |
| June 2021 | 5.1% | £1,222pcm |
| June 2020 | 1% | £1,163pcm |
| June 2019 | 2% | £1,151pcm |
| June 2018 | 2.1% | £1,129pcm |
| June 2017 | 0.5% | £1,105pcm |
| June 2016 | 4.4% | £1,100pcm |
| June 2015 | 4.4% | £1,054pcm |
| June 2014 | 4.6% | £1,010pcm |
| June 2013 | 2% | £965pcm |
| June 2012 | 1.3% | £946pcm |
| June 2011 | 2% | £934pcm |
| June 2010 | 7.6% | £916pcm |
| June 2009 | -2.9% | £852pcm |
| June 2008 | 2% | £877pcm |
| June 2007 | 0% | £860pcm |
Sales History
The last sale was on 10th July 2025 for £200,000 and since then the market in the area has decreased by 2.4%. The postcode has had a total of 6 sales since 1995.
SO40 3GU has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jul 2025£200,000 | 4 Bed House167, Water Lane, Southampton, SO40 3GU167, Water Lane, Southampton, SO40 3GU
- Sold Jun 2025£315,000 | 3 Bed House179, Water Lane, Southampton, SO40 3GU179, Water Lane, Southampton, SO40 3GU
- Sold Aug 2022£260,000 | 2 Bed House153, Water Lane, Southampton, SO40 3GU153, Water Lane, Southampton, SO40 3GU
- Sold Jan 2012£158,000 | 3 Bed House171, Water Lane, Southampton, SO40 3GU171, Water Lane, Southampton, SO40 3GU
- Sold Aug 2011£187,500 | 4 Bed House163, Water Lane, Southampton, SO40 3GU163, Water Lane, Southampton, SO40 3GU
Nearby Postcodes
SO40 3GU is the 391st largest and the 445th most expensive postcode out of the 974 postcodes in the SO40 area.
- SO40 3FT, Harwood Close, Totton, Southampton, SO40SO40 3FT17 Addresses|74 m away
- SO40 3GW, Abbotsfield, Totton, Southampton, SO40SO40 3GW9 Addresses|79 m away
- SO40 3FS, Montgomery Avenue, Totton, Southampton, SO40SO40 3FS5 Addresses|89 m away
- SO40 3GY, Bishops Close, Totton, Southampton, SO40SO40 3GY29 Addresses|94 m away
- SO40 8XA, Meacher Close, Totton, Southampton, SO40SO40 8XA18 Addresses|125 m away
Property Types
- 7 mid-century houses built between 1936 and 1979
- 3 early-century houses built between 1912 and 1935
- 3 other addresses of unknown type
- mid-century house (7)
- early-century house (3)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (4)
- G (0)
- D (6)
- No EPC (3)
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 School300 m away
- Oakfield Academy400 m away
- Lydlynch Infant School500 m away
- Testwood School800 m away
- Hounsdown School1.9 km away
- Redbridge Community School2.5 km away
More reading links
Public Transport Nearby
The closest station to SO40 3GU is Totton station, which is 1.4 kilometres away.
- Totton|1.4 km away
- Redbridge|2.2 km away
- Ashurst New Forest|3.8 km away
- Millbrook (Hants)|4.9 km away
