SO50 5PP is a residential postcode situated on Wells Place, Eastleigh, SO50 with 6 addresses.
It ranks as the 204th largest and 13th most expensive of the 1,213 postcodes in the SO50 area.
The postcode contains a total of 6 properties: 1 house and 5 flats.
SO50 5PP is a residential postcode situated on Wells Place, Eastleigh, SO50 with 6 addresses.
It ranks as the 204th largest and 13th most expensive of the 1,213 postcodes in the SO50 area.
The postcode contains a total of 6 properties: 1 house and 5 flats.
Sale prices range from £129,340 for 1 bedroom leasehold flats with a garden (409 ft2) to £294,613 for 4 bedroom freehold houses with a garden (1,200 ft2) .
Monthly rental prices range from £754 pcm for 1 bed flats to £1,533 pcm for 4 bed houses.
The gross rental yield is between 6.2% and 7.1%.
The average value per square foot is £316.
The last sale in SO50 5PP sold for £265,000 on 12th October 2007. Since then prices are up an average of 21.8%.
The current average value in the postcode is £165,075.
The SO50 5PP Sales Market has increased by 11.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4% | £165,075 |
| April 2025 | 0.9% | £171,878 |
| April 2024 | -1.2% | £170,282 |
| April 2023 | 0.5% | £172,315 |
| April 2022 | 6.7% | £171,412 |
| April 2021 | 3.1% | £160,700 |
| April 2020 | 0.6% | £155,921 |
| April 2019 | -0.9% | £155,066 |
| April 2018 | 0.2% | £156,435 |
| April 2017 | 5.7% | £156,085 |
| April 2016 | 7.2% | £147,735 |
| April 2015 | 7% | £137,827 |
| April 2014 | 5.7% | £128,761 |
| April 2013 | 2.4% | £121,825 |
| April 2012 | -2.3% | £119,016 |
| April 2011 | 0.9% | £121,873 |
| April 2010 | 8.1% | £120,789 |
| April 2009 | -14.1% | £111,785 |
| April 2008 | 0.7% | £130,174 |
| April 2007 | 0% | £129,291 |
The current average rental value in the postcode is £920.
The SO50 5PP Rental Market has increased by 41.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.9% | £920pcm |
| April 2025 | 4.4% | £886pcm |
| April 2024 | 8.5% | £849pcm |
| April 2023 | 7% | £782pcm |
| April 2022 | 7.9% | £731pcm |
| April 2021 | 3.2% | £678pcm |
| April 2020 | 2.2% | £657pcm |
| April 2019 | -1.1% | £643pcm |
| April 2018 | -0.6% | £650pcm |
| April 2017 | 0.7% | £654pcm |
| April 2016 | 3.6% | £650pcm |
| April 2015 | 3.3% | £627pcm |
| April 2014 | 2.5% | £607pcm |
| April 2013 | 2.8% | £592pcm |
| April 2012 | 1.5% | £576pcm |
| April 2011 | 1.8% | £568pcm |
| April 2010 | 1.8% | £558pcm |
| April 2009 | -4.7% | £548pcm |
| April 2008 | 2.7% | £575pcm |
| April 2007 | 0% | £560pcm |
The last sale was on 12th October 2007 for £265,000 and since then the market in the area has increased by 21.8%. The postcode has had a total of 1 sales since 1995.
SO50 5PP has seen no sales in the last three years and no sales in the last twelve months.
SO50 5PP is the 204th largest and the 13th most expensive postcode out of the 1,213 postcodes in the SO50 area.
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The closest station to SO50 5PP is Eastleigh station which is 300 metres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around SO50 5PP, 57.9% of property is privately rented and 18.2% 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 SO50 5PP, 14.9% of residents are recorded as possessing school level qualifications and 32.7% 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 SO50 5PP, the average age was 37.8 and the most common age was 32.
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 SO50 5PP, 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 SO50 5PP, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.