Michaels Way - SO50 7NT
Key Postcode Insights
SO50 7NT is a residential postcode situated on Michaels Way, Fair Oak, Eastleigh, SO50 with 9 addresses.
It ranks as the 380th largest and 1040th 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 9 properties: 9 houses.
- Ave. Sale Price
- £424,230
- 10 Year change
- up 21.9%
- Ave. Rental Price
- £1,720pcm
- 10 Year change
- up 52.9%
- Ave. £ per ft²
- £403/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
SO50 7NT is a residential postcode situated on Michaels Way, Fair Oak, Eastleigh, SO50 with 9 addresses.
It ranks as the 380th largest and 1040th 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 9 properties: 9 houses.
- Ave. Sale Price
- £424,230
- 10 Year change
- up 21.9%
- Ave. Rental Price
- £1,720pcm
- 10 Year change
- up 52.9%
- Ave. £ per ft²
- £403/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertiesin SO50 7NT
- 12 Michaels Way
Unknown
- 14 Michaels Way
3 Bed Modern House
- 16 Michaels Way
4 Bed Mid-century House
- 18 Michaels Way
4 Bed Modern House
- 20 Michaels Way
Unknown
Sales Market Trends
The last sale in SO50 7NT sold for £452,000 on 31st May 2023. Since then prices are down an average of 3.1%.
The current average value in the postcode is £424,230.
The SO50 7NT Sales Market has increased by 21.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.1% | £424,230 |
| June 2025 | 1.7% | £433,437 |
| June 2024 | -2.3% | £426,338 |
| June 2023 | -0.8% | £436,170 |
| June 2022 | 10.2% | £439,796 |
| June 2021 | 7.5% | £399,254 |
| June 2020 | 1.1% | £371,338 |
| June 2019 | -0.4% | £367,429 |
| June 2018 | 2.2% | £368,839 |
| June 2017 | 3.7% | £360,928 |
| June 2016 | 8.3% | £348,100 |
| June 2015 | 7.5% | £321,351 |
| June 2014 | 6.7% | £298,819 |
| June 2013 | 1.7% | £280,148 |
| June 2012 | 0.9% | £275,389 |
| June 2011 | 1.8% | £273,034 |
| June 2010 | 12% | £268,162 |
| June 2009 | -9.2% | £239,427 |
| June 2008 | -2.8% | £263,683 |
| June 2007 | 0% | £271,258 |
Rental Market Trends
The current average rental value in the postcode is £1,720.
The SO50 7NT Rental Market has increased by 52.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £1,720pcm |
| June 2025 | 5.2% | £1,662pcm |
| June 2024 | 6.7% | £1,580pcm |
| June 2023 | 6.5% | £1,481pcm |
| June 2022 | 9.3% | £1,391pcm |
| June 2021 | 6.9% | £1,272pcm |
| June 2020 | 3.1% | £1,190pcm |
| June 2019 | -0.1% | £1,154pcm |
| June 2018 | 1.2% | £1,155pcm |
| June 2017 | 1.4% | £1,141pcm |
| June 2016 | 3.6% | £1,125pcm |
| June 2015 | 4.2% | £1,086pcm |
| June 2014 | 2.9% | £1,042pcm |
| June 2013 | 1.2% | £1,013pcm |
| June 2012 | 2.8% | £1,001pcm |
| June 2011 | 4.2% | £974pcm |
| June 2010 | 7.9% | £935pcm |
| June 2009 | -4% | £866pcm |
| June 2008 | 3.2% | £903pcm |
| June 2007 | 0% | £875pcm |
Sales History
The last sale was on 31st May 2023 for £452,000 and since then the market in the area has decreased by 3.1%. The postcode has had a total of 8 sales since 1995.
SO50 7NT has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold May 2023£452,000 | 3 Bed House24, Michaels Way, Eastleigh, SO50 7NT24, Michaels Way, Eastleigh, SO50 7NT
- Sold Jun 2021£405,000 | 3 Bed House24, Michaels Way, Eastleigh, SO50 7NT24, Michaels Way, Eastleigh, SO50 7NT
- Sold Jun 2015£344,000 | 3 Bed House24, Michaels Way, Eastleigh, SO50 7NT24, Michaels Way, Eastleigh, SO50 7NT
- Sold Feb 2015£335,000 | 4 Bed House16, Michaels Way, Eastleigh, SO50 7NT16, Michaels Way, Eastleigh, SO50 7NT
- Sold Jun 2010£220,000 | 3 Bed House14, Michaels Way, Eastleigh, SO50 7NT14, Michaels Way, Eastleigh, SO50 7NT
Nearby Postcodes
SO50 7NT is the 380th largest and the 1040th most expensive postcode out of the 1,212 postcodes in the SO50 area.
- SO50 7NR, Michaels Way, Fair Oak, Eastleigh, SO50SO50 7NR10 Addresses|46 m away
- SO50 7NS, The Beeches, Fair Oak, Eastleigh, SO50SO50 7NS23 Addresses|51 m away
- SO50 7NP, Osborne Gardens, Fair Oak, Eastleigh, SO50SO50 7NP29 Addresses|77 m away
- SO50 7NU, The Martins, Fair Oak, Eastleigh, SO50SO50 7NU12 Addresses|79 m away
- SO50 7NN, Osborne Gardens, Fair Oak, Eastleigh, SO50SO50 7NN13 Addresses|101 m away
Property Types
- 4 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 4 other addresses of unknown type
- modern house (4)
- mid-century house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (3)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Sep 2024£680,000 | 5 Bed HouseLarkwood, Michaels Way, Eastleigh, SO50 7NJLarkwood, Michaels Way, Eastleigh, SO50 7NJ
- Sold May 2016£580,000 | 5 Bed HouseFlintstone, Michaels Way, Eastleigh, SO50 7NJFlintstone, Michaels Way, Eastleigh, SO50 7NJ
- Sold Sep 2019£575,000 | 5 Bed HouseLarkwood, Michaels Way, Eastleigh, SO50 7NJLarkwood, Michaels Way, Eastleigh, SO50 7NJ
Schools Nearby
- Fair Oak Infant School600 m away
- Fair Oak Junior School700 m away
- Durley Church of England Controlled Primary School2.0 km away
- Wyvern College600 m away
- Deer Park School4.3 km away
- Crestwood Community School4.9 km away
More reading links
Public Transport Nearby
The closest station to SO50 7NT is Hedge End station, which is 3.4 kilometres away.
- Hedge End|3.4 km away
- Eastleigh|4.3 km away
- Southampton Airport Parkway|5.3 km away
- Botley|5.6 km away
