SO41 0NQ is a residential postcode situated on Victoria Road, Milford On Sea, Lymington, SO41 with 12 addresses.
It ranks as the 460th largest and 147th most expensive of the 1,021 postcodes in the SO41 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 flats.
SO41 0NQ is a residential postcode situated on Victoria Road, Milford On Sea, Lymington, SO41 with 12 addresses.
It ranks as the 460th largest and 147th most expensive of the 1,021 postcodes in the SO41 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 flats.
Sale prices range from £283,411 for 2 bedroom leasehold flats with a balcony (807 ft2) to £311,873 for 3 bedroom leasehold flats with a balcony (936 ft2) .
Monthly rental prices range from £1,158 pcm for 2 bed flats to £1,249 pcm for 3 bed flats.
The gross rental yield is between 4.8% and 4.9%.
The average value per square foot is £337.
The last sale in SO41 0NQ sold for £330,000 on 4th April 2023. Since then prices are down an average of 12.7%.
The current average value in the postcode is £301,605.
The SO41 0NQ Sales Market has increased by 11.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.9% | £301,605 |
| April 2025 | -3.7% | £317,286 |
| April 2024 | -4.6% | £329,583 |
| April 2023 | -1% | £345,531 |
| April 2022 | 11.6% | £348,975 |
| April 2021 | 7.6% | £312,732 |
| April 2020 | 2% | £290,752 |
| April 2019 | 1.1% | £284,934 |
| April 2018 | -0.6% | £281,752 |
| April 2017 | 4.4% | £283,371 |
| April 2016 | 5.9% | £271,342 |
| April 2015 | 6.4% | £256,176 |
| April 2014 | 5% | £240,816 |
| April 2013 | 0.8% | £229,251 |
| April 2012 | -0.2% | £227,362 |
| April 2011 | 1.6% | £227,901 |
| April 2010 | 6% | £224,222 |
| April 2009 | -9.6% | £211,512 |
| April 2008 | 3.7% | £234,035 |
| April 2007 | 0% | £225,737 |
The current average rental value in the postcode is £1,214.
The SO41 0NQ Rental Market has increased by 34.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £1,214pcm |
| April 2025 | 2.4% | £1,186pcm |
| April 2024 | 5.5% | £1,158pcm |
| April 2023 | 11.2% | £1,097pcm |
| April 2022 | 3.6% | £987pcm |
| April 2021 | 5.9% | £952pcm |
| April 2020 | 3.1% | £900pcm |
| April 2019 | 0% | £872pcm |
| April 2018 | -2.3% | £872pcm |
| April 2017 | -1.2% | £892pcm |
| April 2016 | 2.9% | £903pcm |
| April 2015 | 3.3% | £878pcm |
| April 2014 | 5.4% | £850pcm |
| April 2013 | 2.3% | £806pcm |
| April 2012 | 1.8% | £788pcm |
| April 2011 | 2.1% | £774pcm |
| April 2010 | 3.6% | £759pcm |
| April 2009 | -4% | £732pcm |
| April 2008 | 3.1% | £762pcm |
| April 2007 | 0% | £739pcm |
The last sale was on 4th April 2023 for £330,000 and since then the market in the area has decreased by 12.7%. The postcode has had a total of 33 sales since 1995.
SO41 0NQ has seen 1 sale in the last three years and no sales in the last twelve months.
SO41 0NQ is the 460th largest and the 147th most expensive postcode out of the 1,021 postcodes in the SO41 area.
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The closest station to SO41 0NQ is New Milton station which is 5.2 kilometres away.
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