Newmarket Close - SO50 7LU
Key Postcode Insights
SO50 7LU is a residential postcode situated on Newmarket Close, Horton Heath, Eastleigh, SO50 with 5 addresses.
It ranks as the 171st largest and 1095th most expensive of the 1,212 postcodes in the SO50 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £474,804
- 10 Year change
- up 20.9%
- Ave. Rental Price
- £1,856pcm
- 10 Year change
- up 53.8%
- Ave. £ per ft²
- £409/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Key Postcode Insights
SO50 7LU is a residential postcode situated on Newmarket Close, Horton Heath, Eastleigh, SO50 with 5 addresses.
It ranks as the 171st largest and 1095th most expensive of the 1,212 postcodes in the SO50 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £474,804
- 10 Year change
- up 20.9%
- Ave. Rental Price
- £1,856pcm
- 10 Year change
- up 53.8%
- Ave. £ per ft²
- £409/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Explore Propertiesin SO50 7LU
- 1 Ripon Court Newmarket Close
4 Bed Modern House
- 2 Ripon Court Newmarket Close
4 Bed Modern House
- 4 Ripon Court Newmarket Close
3 Bed Modern House
- 5 Ripon Court Newmarket Close
4 Bed Modern House
Sales Market Trends
The last sale in SO50 7LU sold for £395,000 on 16th July 2019. Since then prices are up an average of 15.5%.
The current average value in the postcode is £474,804.
The SO50 7LU Sales Market has increased by 20.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.3% | £474,804 |
| June 2025 | 1.6% | £485,873 |
| June 2024 | -2.5% | £478,333 |
| June 2023 | -0.9% | £490,635 |
| June 2022 | 10.6% | £494,888 |
| June 2021 | 7.6% | £447,277 |
| June 2020 | 1.2% | £415,779 |
| June 2019 | -0.5% | £410,894 |
| June 2018 | 2.4% | £413,013 |
| June 2017 | 2.7% | £403,157 |
| June 2016 | 8.4% | £392,688 |
| June 2015 | 8.6% | £362,134 |
| June 2014 | 5.9% | £333,603 |
| June 2013 | 2.1% | £315,058 |
| June 2012 | 1.1% | £308,599 |
| June 2011 | 1.3% | £305,171 |
| June 2010 | 11.8% | £301,231 |
| June 2009 | -9.1% | £269,325 |
| June 2008 | -3.2% | £296,284 |
| June 2007 | 0% | £305,939 |
Rental Market Trends
The current average rental value in the postcode is £1,856.
The SO50 7LU Rental Market has increased by 53.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £1,856pcm |
| June 2025 | 5.1% | £1,800pcm |
| June 2024 | 7.2% | £1,712pcm |
| June 2023 | 6.7% | £1,597pcm |
| June 2022 | 9.2% | £1,496pcm |
| June 2021 | 7.1% | £1,370pcm |
| June 2020 | 3.1% | £1,279pcm |
| June 2019 | 0.1% | £1,240pcm |
| June 2018 | 1% | £1,239pcm |
| June 2017 | 1.7% | £1,227pcm |
| June 2016 | 3.3% | £1,207pcm |
| June 2015 | 4% | £1,168pcm |
| June 2014 | 3.4% | £1,123pcm |
| June 2013 | 1.1% | £1,086pcm |
| June 2012 | 2.3% | £1,074pcm |
| June 2011 | 4.1% | £1,050pcm |
| June 2010 | 8.1% | £1,009pcm |
| June 2009 | -4% | £934pcm |
| June 2008 | 3% | £973pcm |
| June 2007 | 0% | £944pcm |
Sales History
The last sale was on 16th July 2019 for £395,000 and since then the market in the area has increased by 15.5%. The postcode has had a total of 11 sales since 1995.
SO50 7LU has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jul 2019£395,000 | 3 Bed House4 Ripon Court, Newmarket Close, Eastleigh, SO50 7LU4 Ripon Court, Newmarket Close, Eastleigh, SO50 7LU
- Sold Mar 2013£280,000 | 4 Bed House5 Ripon Court, Newmarket Close, Eastleigh, SO50 7LU5 Ripon Court, Newmarket Close, Eastleigh, SO50 7LU
- Sold Oct 2012£305,000 | 4 Bed House2 Ripon Court, Newmarket Close, Eastleigh, SO50 7LU2 Ripon Court, Newmarket Close, Eastleigh, SO50 7LU
- Sold Sep 2007£337,000 | 3 Bed House4 Ripon Court, Newmarket Close, Eastleigh, SO50 7LU4 Ripon Court, Newmarket Close, Eastleigh, SO50 7LU
- Sold Dec 2003£250,000 | 4 Bed House3 Ripon Court, Newmarket Close, Eastleigh, SO50 7LU3 Ripon Court, Newmarket Close, Eastleigh, SO50 7LU
Nearby Postcodes
SO50 7LU is the 171st largest and the 1095th most expensive postcode out of the 1,212 postcodes in the SO50 area.
- SO50 7LJ, Newmarket Close, Horton Heath, Eastleigh, SO50SO50 7LJ15 Addresses|60 m away
- SO50 7JP, Ascot Road, Horton Heath, Eastleigh, SO50SO50 7JP36 Addresses|109 m away
- SO50 7FH, Huntingdon Gardens, Horton Heath, Eastleigh, SO50SO50 7FH34 Addresses|130 m away
- SO50 7JQ, Ascot Road, Horton Heath, Eastleigh, SO50SO50 7JQ24 Addresses|132 m away
- SO50 7PU, Aintree Close, Horton Heath, Eastleigh, SO50SO50 7PU35 Addresses|159 m away
Property Types
- 4 modern houses built after 1980
- 1 other address of unknown type
- modern house (4)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (2)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Feb 2022£405,000 | 3 Bed House14, Newmarket Close, Eastleigh, SO50 7LJ14, Newmarket Close, Eastleigh, SO50 7LJ
- Sold Jul 2019£395,000 | 3 Bed House4 Ripon Court, Newmarket Close, Eastleigh, SO50 7LU4 Ripon Court, Newmarket Close, Eastleigh, SO50 7LU
- Sold Jun 2023£385,000 | 3 Bed House10, Newmarket Close, Eastleigh, SO50 7LJ10, Newmarket Close, Eastleigh, SO50 7LJ
Schools Nearby
- Fair Oak Infant School1.0 km away
- Fair Oak Junior School1.0 km away
- Durley Church of England Controlled Primary School1.3 km away
- Wyvern College1.1 km away
- Deer Park School3.1 km away
- Wildern School3.7 km away
More reading links
Public Transport Nearby
The closest station to SO50 7LU is Hedge End station, which is 2.1 kilometres away.
- Hedge End|2.1 km away
- Botley|4.5 km away
- Eastleigh|4.6 km away
- Southampton Airport Parkway|5.0 km away