Testwood Lane - SO40 3LR
Key Postcode Insights
SO40 3LR is a residential postcode situated on Testwood Lane, Totton, Southampton, SO40 with 23 addresses.
It ranks as the 676th largest and 312th 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 23 properties: 11 houses and 12 flats.
- Ave. Sale Price
- £407,796
- 10 Year change
- up 18.5%
- Ave. Rental Price
- £1,655pcm
- 10 Year change
- up 48.4%
- Ave. £ per ft²
- £422/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
SO40 3LR is a residential postcode situated on Testwood Lane, Totton, Southampton, SO40 with 23 addresses.
It ranks as the 676th largest and 312th 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 23 properties: 11 houses and 12 flats.
- Ave. Sale Price
- £407,796
- 10 Year change
- up 18.5%
- Ave. Rental Price
- £1,655pcm
- 10 Year change
- up 48.4%
- Ave. £ per ft²
- £422/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertiesin SO40 3LR
- Penman House
Modern Building | 12 Units
- 134 Testwood Lane
Unknown
- 136 Testwood Lane
4 Bed Mid-century House
- 138 Testwood Lane
Unknown
- 140 Testwood Lane
3 Bed Mid-century House
Sales Market Trends
The last sale in SO40 3LR sold for £250,000 on 16th August 2013. Since then prices are up an average of 44.0%.
The current average value in the postcode is £407,796.
The SO40 3LR Sales Market has increased by 18.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.9% | £407,796 |
| June 2025 | -0.7% | £424,150 |
| June 2024 | -0.3% | £426,942 |
| June 2023 | -0.8% | £428,224 |
| June 2022 | 10.8% | £431,886 |
| June 2021 | 6% | £389,875 |
| June 2020 | 0.7% | £367,855 |
| June 2019 | -0.1% | £365,235 |
| June 2018 | 2.9% | £365,563 |
| June 2017 | 3.2% | £355,152 |
| June 2016 | 8.2% | £344,193 |
| June 2015 | 8.3% | £318,231 |
| June 2014 | 6.3% | £293,870 |
| June 2013 | 0.6% | £276,357 |
| June 2012 | 2% | £274,768 |
| June 2011 | 1.3% | £269,251 |
| June 2010 | 8.5% | £265,871 |
| June 2009 | -8.6% | £244,998 |
| June 2008 | -4.4% | £267,996 |
| June 2007 | 0% | £280,414 |
Rental Market Trends
The current average rental value in the postcode is £1,655.
The SO40 3LR Rental Market has increased by 48.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,655pcm |
| June 2025 | 4.2% | £1,608pcm |
| June 2024 | 7.3% | £1,544pcm |
| June 2023 | 9.2% | £1,439pcm |
| June 2022 | 9.8% | £1,317pcm |
| June 2021 | 4.3% | £1,200pcm |
| June 2020 | 1.3% | £1,151pcm |
| June 2019 | 1.7% | £1,136pcm |
| June 2018 | 0.8% | £1,117pcm |
| June 2017 | -0.6% | £1,109pcm |
| June 2016 | 3.4% | £1,115pcm |
| June 2015 | 3.9% | £1,079pcm |
| June 2014 | 3.3% | £1,038pcm |
| June 2013 | 2% | £1,005pcm |
| June 2012 | 0.6% | £985pcm |
| June 2011 | 2.3% | £979pcm |
| June 2010 | 7.4% | £957pcm |
| June 2009 | -2.1% | £891pcm |
| June 2008 | 2.3% | £910pcm |
| June 2007 | 0% | £890pcm |
Sales History
The last sale was on 16th August 2013 for £250,000 and since then the market in the area has increased by 44.0%. The postcode has had a total of 10 sales since 1995.
SO40 3LR has seen no sales in the last three years and no sales in the last twelve months.
- Sold Aug 2013£250,000 | 4 Bed House136, Testwood Lane, Southampton, SO40 3LR136, Testwood Lane, Southampton, SO40 3LR
- Sold Mar 2013£337,500 | 3 Bed House148A, Testwood Lane, Southampton, SO40 3LR148A, Testwood Lane, Southampton, SO40 3LR
- Sold Oct 2012£200,000 | 4 Bed House150, Testwood Lane, Southampton, SO40 3LR150, Testwood Lane, Southampton, SO40 3LR
- Sold Jun 2011£338,000 | 3 Bed House148, Testwood Lane, Southampton, SO40 3LR148, Testwood Lane, Southampton, SO40 3LR
- Sold Jan 2009£300,000 | 4 Bed House142, Testwood Lane, Southampton, SO40 3LR142, Testwood Lane, Southampton, SO40 3LR
Nearby Postcodes
SO40 3LR is the 676th largest and the 312th most expensive postcode out of the 974 postcodes in the SO40 area.
- SO40 3JA, Salisbury Road, Totton, Southampton, SO40SO40 3JA12 Addresses|75 m away
- SO40 3QQ, Testwood Lane, Totton, Southampton, SO40SO40 3QQ18 Addresses|106 m away
- SO40 3HZ, Salisbury Road, Totton, Southampton, SO40SO40 3HZ23 Addresses|116 m away
- SO40 3LJ, Salisbury Road, Totton, Southampton, SO40SO40 3LJ12 Addresses|125 m away
- SO40 3LT, Greenfields Avenue, Totton, Southampton, SO40SO40 3LT5 Addresses|141 m away
Property Types
- 4 modern houses built after 1980
- 12 modern flats built after 1980
- 3 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 3 other addresses of unknown type
- modern house (4)
- modern flat (12)
- mid-century house (3)
- house (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 19 properties.
- The most common rating is A.
- A (10)
- E (0)
- B (3)
- F (0)
- C (4)
- G (0)
- D (2)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Oct 2024£800,000 | 2 Bed FlatFlat, Salmon Leap , Testwood Lane, Southampton, SO40 3BRFlat, Salmon Leap , Testwood Lane, Southampton, SO40 3BR
- Sold May 2022£460,000 | 3 Bed House114, Testwood Lane, Southampton, SO40 3QS114, Testwood Lane, Southampton, SO40 3QS
- Sold Jan 2026£457,000 | 3 Bed House42, Testwood Lane, Southampton, SO40 3BG42, Testwood Lane, Southampton, SO40 3BG
Schools Nearby
- Oakfield Academy400 m away
- Lydlynch Infant School600 m away
- Abbotswood Junior School700 m away
- Testwood School300 m away
- Redbridge Community School2.0 km away
- Hounsdown School2.1 km away
More reading links
Public Transport Nearby
The closest station to SO40 3LR is Totton station, which is 1.1 kilometres away.
- Totton|1.1 km away
- Redbridge|1.8 km away
- Ashurst New Forest|4.4 km away
- Millbrook (Hants)|4.5 km away
