Reed Drive - SO40 4YG
Key Postcode Insights
SO40 4YG is a residential postcode situated on Reed Drive, Marchwood, Southampton, SO40 with 18 addresses.
It ranks as the 559th largest and 568th 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 18 properties: 18 houses.
- Ave. Sale Price
- £367,402
- 10 Year change
- up 22.1%
- Ave. Rental Price
- £1,682pcm
- 10 Year change
- up 56.0%
- Ave. £ per ft²
- £348/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
SO40 4YG is a residential postcode situated on Reed Drive, Marchwood, Southampton, SO40 with 18 addresses.
It ranks as the 559th largest and 568th 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 18 properties: 18 houses.
- Ave. Sale Price
- £367,402
- 10 Year change
- up 22.1%
- Ave. Rental Price
- £1,682pcm
- 10 Year change
- up 56.0%
- Ave. £ per ft²
- £348/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Propertiesin SO40 4YG
- 2 Reed Drive
3 Bed Modern House
- 4 Reed Drive
Unknown
- 6 Reed Drive
Unknown
- 8 Reed Drive
Unknown
- 10 Reed Drive
Unknown
Sales Market Trends
The last sale in SO40 4YG sold for £285,000 on 20th October 2017. Since then prices are up an average of 16.8%.
The current average value in the postcode is £367,402.
The SO40 4YG Sales Market has increased by 22.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.1% | £367,402 |
| June 2025 | 1% | £375,308 |
| June 2024 | -1.1% | £371,707 |
| June 2023 | 0.8% | £375,923 |
| June 2022 | 10.1% | £372,838 |
| June 2021 | 5% | £338,500 |
| June 2020 | 0.6% | £322,461 |
| June 2019 | -0.8% | £320,539 |
| June 2018 | 2.9% | £323,119 |
| June 2017 | 4.4% | £314,102 |
| June 2016 | 7.8% | £300,920 |
| June 2015 | 7% | £279,146 |
| June 2014 | 7.6% | £260,984 |
| June 2013 | 0.5% | £242,602 |
| June 2012 | -0.2% | £241,282 |
| June 2011 | -1.1% | £241,650 |
| June 2010 | 10.9% | £244,412 |
| June 2009 | -8.8% | £220,389 |
| June 2008 | -3.9% | £241,638 |
| June 2007 | 0% | £251,346 |
Rental Market Trends
The current average rental value in the postcode is £1,682.
The SO40 4YG Rental Market has increased by 56.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.2% | £1,682pcm |
| June 2025 | 5% | £1,615pcm |
| June 2024 | 6.3% | £1,537pcm |
| June 2023 | 8.8% | £1,446pcm |
| June 2022 | 10.6% | £1,328pcm |
| June 2021 | 6.4% | £1,201pcm |
| June 2020 | 1.5% | £1,128pcm |
| June 2019 | 1.6% | £1,112pcm |
| June 2018 | 0.8% | £1,094pcm |
| June 2017 | 0.7% | £1,086pcm |
| June 2016 | 4.1% | £1,078pcm |
| June 2015 | 3.3% | £1,035pcm |
| June 2014 | 4.5% | £1,002pcm |
| June 2013 | 1.4% | £959pcm |
| June 2012 | 1.7% | £946pcm |
| June 2011 | 2.4% | £930pcm |
| June 2010 | 8.3% | £908pcm |
| June 2009 | -3.8% | £839pcm |
| June 2008 | 1.8% | £872pcm |
| June 2007 | 0% | £857pcm |
Sales History
The last sale was on 20th October 2017 for £285,000 and since then the market in the area has increased by 16.8%. The postcode has had a total of 23 sales since 1995.
SO40 4YG has seen no sales in the last three years and no sales in the last twelve months.
- Sold Oct 2017£285,000 | 3 Bed House22, Reed Drive, Southampton, SO40 4YG22, Reed Drive, Southampton, SO40 4YG
- Sold Jul 2016£248,700 | 3 Bed House34, Reed Drive, Southampton, SO40 4YG34, Reed Drive, Southampton, SO40 4YG
- Sold Dec 2011£197,000 | 3 Bed House36, Reed Drive, Southampton, SO40 4YG36, Reed Drive, Southampton, SO40 4YG
- Sold Dec 2007£210,000 | 3 Bed House34, Reed Drive, Southampton, SO40 4YG34, Reed Drive, Southampton, SO40 4YG
- Sold Oct 2007£242,000 | 3 Bed House22, Reed Drive, Southampton, SO40 4YG22, Reed Drive, Southampton, SO40 4YG
Nearby Postcodes
SO40 4YG is the 559th largest and the 568th most expensive postcode out of the 974 postcodes in the SO40 area.
- SO40 4YF, Reed Drive, Marchwood, Southampton, SO40SO40 4YF23 Addresses|36 m away
- SO40 4YS, Alder Close, Marchwood, Southampton, SO40SO40 4YS17 Addresses|44 m away
- SO40 4YJ, Melick Close, Marchwood, Southampton, SO40SO40 4YJ15 Addresses|86 m away
- SO40 4YH, The Rushes, Marchwood, Southampton, SO40SO40 4YH19 Addresses|107 m away
- SO40 4YR, Bilberry Drive, Marchwood, Southampton, SO40SO40 4YR38 Addresses|112 m away
Property Types
- 4 modern houses built after 1980
- 3 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 10 other addresses of unknown type
- modern house (4)
- mid-century house (3)
- house (1)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (4)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Mar 2022£347,000 | 3 Bed House15, Reed Drive, Southampton, SO40 4YF15, Reed Drive, Southampton, SO40 4YF
- Sold Nov 2019£310,000 | 3 Bed House3, Reed Drive, Southampton, SO40 4YF3, Reed Drive, Southampton, SO40 4YF
- Sold Oct 2017£285,000 | 3 Bed House22, Reed Drive, Southampton, SO40 4YG22, Reed Drive, Southampton, SO40 4YG
Schools Nearby
- Marchwood Junior School300 m away
- Marchwood Church of England Infant School900 m away
- Freemantle Church of England Community Academy2.7 km away
- Hounsdown School3.1 km away
- Regents Park Community College3.3 km away
- Redbridge Community School3.4 km away
More reading links
Public Transport Nearby
The closest station to SO40 4YG is Millbrook (Hants) station, which is 2.4 kilometres away.
- Millbrook (Hants)|2.4 km away
- Southampton Central|3.1 km away
- Redbridge|3.2 km away
- Totton|3.4 km away
