SO40 7GG is a residential postcode situated on Lanesbridge Close, Woodlands, Southampton, SO40 with 10 addresses.
It ranks as the 289th largest and 764th most expensive of the 974 postcodes in the SO40 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 10 properties: 10 houses.
SO40 7GG is a residential postcode situated on Lanesbridge Close, Woodlands, Southampton, SO40 with 10 addresses.
It ranks as the 289th largest and 764th most expensive of the 974 postcodes in the SO40 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 10 properties: 10 houses.
Sale prices range from £419,438 for 3 bedroom freehold houses with a garden (850 ft2) to £559,315 for 4 bedroom freehold houses with a garden (1,424 ft2) .
Monthly rental prices range from £1,415 pcm for 3 bed houses to £1,655 pcm for 4 bed houses.
The gross rental yield is between 3.6% and 4.0%.
The average value per square foot is £471.
The last sale in SO40 7GG sold for £383,500 on 15th September 2020. Since then prices are up an average of 16.7%.
The current average value in the postcode is £474,804.
The SO40 7GG Sales Market has increased by 29.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.8% | £474,804 |
| April 2025 | -0.3% | £483,479 |
| April 2024 | -1.8% | £485,152 |
| April 2023 | 2.2% | £494,194 |
| April 2022 | 11.8% | £483,716 |
| April 2021 | 7.7% | £432,646 |
| April 2020 | 0.8% | £401,845 |
| April 2019 | 0.4% | £398,724 |
| April 2018 | 2.5% | £397,303 |
| April 2017 | 5.3% | £387,486 |
| April 2016 | 9.4% | £367,826 |
| April 2015 | 7.7% | £336,372 |
| April 2014 | 5.2% | £312,292 |
| April 2013 | 4.1% | £296,991 |
| April 2012 | 0.7% | £285,314 |
| April 2011 | 3.6% | £283,388 |
| April 2010 | 7.6% | £273,575 |
| April 2009 | -11.5% | £254,265 |
| April 2008 | 0.8% | £287,339 |
| April 2007 | 0% | £285,097 |
The current average rental value in the postcode is £1,526.
The SO40 7GG Rental Market has increased by 52.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.4% | £1,526pcm |
| April 2025 | 6% | £1,476pcm |
| April 2024 | 3.8% | £1,392pcm |
| April 2023 | 10.4% | £1,341pcm |
| April 2022 | 9.8% | £1,214pcm |
| April 2021 | 3% | £1,106pcm |
| April 2020 | 4.3% | £1,073pcm |
| April 2019 | -1.9% | £1,029pcm |
| April 2018 | 2.9% | £1,049pcm |
| April 2017 | 1.8% | £1,019pcm |
| April 2016 | 0.6% | £1,002pcm |
| April 2015 | 7.3% | £996pcm |
| April 2014 | 1.5% | £928pcm |
| April 2013 | 6.8% | £915pcm |
| April 2012 | 1.2% | £857pcm |
| April 2011 | 5.9% | £846pcm |
| April 2010 | 2.8% | £799pcm |
| April 2009 | -1% | £777pcm |
| April 2008 | 2.2% | £786pcm |
| April 2007 | 0% | £769pcm |
The last sale was on 15th September 2020 for £383,500 and since then the market in the area has increased by 16.7%. The postcode has had a total of 9 sales since 1995.
SO40 7GG has seen no sales in the last three years and no sales in the last twelve months.
SO40 7GG is the 289th largest and the 764th most expensive postcode out of the 974 postcodes in the SO40 area.
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The closest station to SO40 7GG is Ashurst New Forest station which is 2.0 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around SO40 7GG, 61.3% of property is privately owned outright and 30.6% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around SO40 7GG, 9.9% of residents are recorded as possessing school level qualifications and 34.9% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around SO40 7GG, the average age was 50.1 and the most common age was 57.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around SO40 7GG, 1.4% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around SO40 7GG, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.