Cheam Way - SO40 3PJ
Key Postcode Insights
SO40 3PJ is a residential postcode situated on Cheam Way, Totton, Southampton, SO40 with 24 addresses.
It ranks as the 703rd largest and 145th 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: 24 houses.
- Ave. Sale Price
- £269,193
- 10 Year change
- up 27.6%
- Ave. Rental Price
- £1,573pcm
- 10 Year change
- up 59.8%
- Ave. £ per ft²
- £372/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Key Postcode Insights
SO40 3PJ is a residential postcode situated on Cheam Way, Totton, Southampton, SO40 with 24 addresses.
It ranks as the 703rd largest and 145th 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: 24 houses.
- Ave. Sale Price
- £269,193
- 10 Year change
- up 27.6%
- Ave. Rental Price
- £1,573pcm
- 10 Year change
- up 59.8%
- Ave. £ per ft²
- £372/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Explore Propertiesin SO40 3PJ
- 1 Cheam Way
Unknown
- 3 Cheam Way
2 Bed Mid-century House
- 5 Cheam Way
Unknown
- 7 Cheam Way
Unknown
- 9 Cheam Way
Unknown
Sales Market Trends
The last sale in SO40 3PJ sold for £263,000 on 18th November 2025. Since then prices have on average remained the same.
The current average value in the postcode is £269,193.
The SO40 3PJ Sales Market has increased by 27.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £269,193 |
| June 2025 | 0.1% | £276,035 |
| June 2024 | -0.4% | £275,834 |
| June 2023 | -0.7% | £277,047 |
| June 2022 | 12.6% | £279,032 |
| June 2021 | 7.2% | £247,867 |
| June 2020 | 0.7% | £231,151 |
| June 2019 | 0.2% | £229,514 |
| June 2018 | 4.2% | £229,054 |
| June 2017 | 4.2% | £219,777 |
| June 2016 | 8.9% | £210,969 |
| June 2015 | 8.6% | £193,667 |
| June 2014 | 7.4% | £178,339 |
| June 2013 | 0.4% | £166,120 |
| June 2012 | 2.7% | £165,430 |
| June 2011 | 1.5% | £161,078 |
| June 2010 | 9.2% | £158,696 |
| June 2009 | -9% | £145,344 |
| June 2008 | -4.9% | £159,680 |
| June 2007 | 0% | £167,854 |
Rental Market Trends
The current average rental value in the postcode is £1,573.
The SO40 3PJ Rental Market has increased by 59.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.4% | £1,573pcm |
| June 2025 | 5% | £1,507pcm |
| June 2024 | 7.2% | £1,435pcm |
| June 2023 | 9.4% | £1,339pcm |
| June 2022 | 11.5% | £1,224pcm |
| June 2021 | 5.4% | £1,097pcm |
| June 2020 | 1.2% | £1,041pcm |
| June 2019 | 2% | £1,028pcm |
| June 2018 | 2% | £1,008pcm |
| June 2017 | 0.4% | £988pcm |
| June 2016 | 4.1% | £984pcm |
| June 2015 | 4.2% | £945pcm |
| June 2014 | 4.3% | £907pcm |
| June 2013 | 1.9% | £870pcm |
| June 2012 | 1.2% | £854pcm |
| June 2011 | 2.4% | £844pcm |
| June 2010 | 8.1% | £824pcm |
| June 2009 | -2.5% | £762pcm |
| June 2008 | 1.9% | £782pcm |
| June 2007 | 0% | £767pcm |
Sales History
The last sale was on 18th November 2025 for £263,000 and since then the market in the area has remained stable. The postcode has had a total of 32 sales since 1995.
SO40 3PJ has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Nov 2025£263,000 | 2 Bed House37, Cheam Way, Southampton, SO40 3PJ37, Cheam Way, Southampton, SO40 3PJ
- Sold Nov 2024£240,000 | 2 Bed House35, Cheam Way, Southampton, SO40 3PJ35, Cheam Way, Southampton, SO40 3PJ
- Sold Aug 2023£185,000 | 2 Bed House3, Cheam Way, Southampton, SO40 3PJ3, Cheam Way, Southampton, SO40 3PJ
- Sold Feb 2023£250,000 | 2 Bed House13, Cheam Way, Southampton, SO40 3PJ13, Cheam Way, Southampton, SO40 3PJ
- Sold Jun 2022£250,000 | 2 Bed House29, Cheam Way, Southampton, SO40 3PJ29, Cheam Way, Southampton, SO40 3PJ
Nearby Postcodes
SO40 3PJ is the 703rd largest and the 145th most expensive postcode out of the 974 postcodes in the SO40 area.
- SO40 3PL, Cheam Way, Totton, Southampton, SO40SO40 3PL14 Addresses|55 m away
- SO40 3PN, Cheam Way, Totton, Southampton, SO40SO40 3PN8 Addresses|60 m away
- SO40 2QZ, Honeywood Close, Totton, Southampton, SO40SO40 2QZ34 Addresses|114 m away
- SO40 2QA, Rothbury Close, Totton, Southampton, SO40SO40 2QA22 Addresses|119 m away
- SO40 3LP, Sylvia Crescent, Totton, Southampton, SO40SO40 3LP25 Addresses|152 m away
Property Types
- 5 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 6 early-century houses built between 1912 and 1935
- 11 other addresses of unknown type
- mid-century house (5)
- house (2)
- early-century house (6)
- Unknown (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (1)
- C (3)
- G (0)
- D (6)
- No EPC (13)
Top 3 Most Expensive Sales
- Sold Dec 2025£340,000 | 3 Bed House16, Cheam Way, Southampton, SO40 3PN16, Cheam Way, Southampton, SO40 3PN
- Sold Jun 2021£305,000 | 3 Bed House16, Cheam Way, Southampton, SO40 3PN16, Cheam Way, Southampton, SO40 3PN
- Sold Oct 2020£302,500 | 4 Bed House4, Cheam Way, Southampton, SO40 3PN4, Cheam Way, Southampton, SO40 3PN
Schools Nearby
- Oakfield Academy300 m away
- Calmore Infant School700 m away
- Calmore Junior School700 m away
- Testwood School800 m away
- Hounsdown School2.6 km away
- Redbridge Community School2.7 km away
More reading links
Public Transport Nearby
The closest station to SO40 3PJ is Totton station, which is 1.8 kilometres away.
- Totton|1.8 km away
- Redbridge|2.5 km away
- Ashurst New Forest|4.4 km away
- Millbrook (Hants)|5.2 km away
