Water Lane - SO40 3GX
Key Postcode Insights
SO40 3GX is a residential postcode situated on Water Lane, Totton, Southampton, SO40 with 14 addresses.
It ranks as the 426th largest and 423rd most expensive of the 974 postcodes in the SO40 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 14 properties: 14 houses.
- Ave. Sale Price
- £359,538
- 10 Year change
- up 27.6%
- Ave. Rental Price
- £1,826pcm
- 10 Year change
- up 59.8%
- Ave. £ per ft²
- £388/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
SO40 3GX is a residential postcode situated on Water Lane, Totton, Southampton, SO40 with 14 addresses.
It ranks as the 426th largest and 423rd most expensive of the 974 postcodes in the SO40 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 14 properties: 14 houses.
- Ave. Sale Price
- £359,538
- 10 Year change
- up 27.6%
- Ave. Rental Price
- £1,826pcm
- 10 Year change
- up 59.8%
- Ave. £ per ft²
- £388/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin SO40 3GX
- 142 Water Lane
Unknown
- 144A Water Lane
4 Bed Mid-century House
- 144B Water Lane
Unknown
- 144C Water Lane
Unknown
- 146 Water Lane
2 Bed Modern House
Sales Market Trends
The last sale in SO40 3GX sold for £315,000 on 3rd May 2024. Since then prices are down an average of 2.5%.
The current average value in the postcode is £359,538.
The SO40 3GX Sales Market has increased by 27.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £359,538 |
| June 2025 | 0.1% | £368,677 |
| June 2024 | -0.4% | £368,408 |
| June 2023 | -0.7% | £370,028 |
| June 2022 | 12.6% | £372,679 |
| June 2021 | 7.2% | £331,055 |
| June 2020 | 0.7% | £308,729 |
| June 2019 | 0.2% | £306,541 |
| June 2018 | 4.2% | £305,928 |
| June 2017 | 4.2% | £293,537 |
| June 2016 | 8.9% | £281,773 |
| June 2015 | 8.6% | £258,664 |
| June 2014 | 7.4% | £238,191 |
| June 2013 | 0.4% | £221,872 |
| June 2012 | 2.7% | £220,951 |
| June 2011 | 1.5% | £215,138 |
| June 2010 | 9.2% | £211,956 |
| June 2009 | -9% | £194,123 |
| June 2008 | -4.9% | £213,270 |
| June 2007 | 0% | £224,187 |
Rental Market Trends
The current average rental value in the postcode is £1,826.
The SO40 3GX Rental Market has increased by 59.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.4% | £1,826pcm |
| June 2025 | 5% | £1,749pcm |
| June 2024 | 7.2% | £1,666pcm |
| June 2023 | 9.4% | £1,554pcm |
| June 2022 | 11.5% | £1,421pcm |
| June 2021 | 5.4% | £1,274pcm |
| June 2020 | 1.2% | £1,208pcm |
| June 2019 | 2% | £1,193pcm |
| June 2018 | 2% | £1,170pcm |
| June 2017 | 0.4% | £1,147pcm |
| June 2016 | 4.1% | £1,142pcm |
| June 2015 | 4.2% | £1,097pcm |
| June 2014 | 4.3% | £1,053pcm |
| June 2013 | 1.9% | £1,010pcm |
| June 2012 | 1.2% | £991pcm |
| June 2011 | 2.4% | £980pcm |
| June 2010 | 8.1% | £957pcm |
| June 2009 | -2.5% | £885pcm |
| June 2008 | 1.9% | £908pcm |
| June 2007 | 0% | £890pcm |
Sales History
The last sale was on 3rd May 2024 for £315,000 and since then the market in the area has decreased by 2.5%. The postcode has had a total of 17 sales since 1995.
SO40 3GX has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold May 2024£315,000 | 3 Bed House150, Water Lane, Southampton, SO40 3GX150, Water Lane, Southampton, SO40 3GX
- Sold Apr 2022£365,000 | 2 Bed House146, Water Lane, Southampton, SO40 3GX146, Water Lane, Southampton, SO40 3GX
- Sold Jul 2020£290,000 | 4 Bed House144A, Water Lane, Southampton, SO40 3GX144A, Water Lane, Southampton, SO40 3GX
- Sold Aug 2017£265,000 | 3 Bed House160, Water Lane, Southampton, SO40 3GX160, Water Lane, Southampton, SO40 3GX
- Sold Aug 2014£205,000 | 2 Bed House158, Water Lane, Southampton, SO40 3GX158, Water Lane, Southampton, SO40 3GX
Nearby Postcodes
SO40 3GX is the 426th largest and the 423rd most expensive postcode out of the 974 postcodes in the SO40 area.
- SO40 3LE, Hammonds Lane, Totton, Southampton, SO40SO40 3LE8 Addresses|52 m away
- SO40 8XA, Meacher Close, Totton, Southampton, SO40SO40 8XA18 Addresses|82 m away
- SO40 8XD, Mussett Close, Totton, Southampton, SO40SO40 8XD10 Addresses|94 m away
- SO40 3GY, Bishops Close, Totton, Southampton, SO40SO40 3GY29 Addresses|97 m away
- SO40 3LF, Hammonds Lane, Totton, Southampton, SO40SO40 3LF20 Addresses|126 m away
Property Types
- 5 modern houses built after 1980
- 4 mid-century houses built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 4 other addresses of unknown type
- modern house (5)
- mid-century house (4)
- early-century house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (6)
- G (0)
- D (3)
- No EPC (4)
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
- Lydlynch Infant School400 m away
- Oakfield Academy400 m away
- Testwood School800 m away
- Hounsdown School1.9 km away
- Redbridge Community School2.4 km away
More reading links
Public Transport Nearby
The closest station to SO40 3GX is Totton station, which is 1.3 kilometres away.
- Totton|1.3 km away
- Redbridge|2.1 km away
- Ashurst New Forest|3.9 km away
- Millbrook (Hants)|4.8 km away
