SO51 0EL is a residential postcode situated on Mortimer Drive, Romsey, SO51 with 11 addresses.
It ranks as the 395th largest and 568th most expensive of the 994 postcodes in the SO51 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 11 properties: 11 flats.
SO51 0EL is a residential postcode situated on Mortimer Drive, Romsey, SO51 with 11 addresses.
It ranks as the 395th largest and 568th most expensive of the 994 postcodes in the SO51 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 11 properties: 11 flats.
Sale prices range from £473,319 for 2 bedroom leasehold flats (914 ft2) to £794,746 for 3 bedroom leasehold flats (1,959 ft2) .
Monthly rental prices range from £1,675 pcm for 2 bed flats to £2,614 pcm for 3 bed flats.
The gross rental yield is between 3.9% and 4.4%.
The average value per square foot is £522.
The last sale in SO51 0EL sold for £1,000,000 on 8th August 2023. Since then prices are down an average of 5.7%.
The current average value in the postcode is £512,409.
The SO51 0EL Sales Market has increased by 8.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.7% | £512,409 |
| April 2025 | -2.4% | £531,940 |
| April 2024 | 0.6% | £544,983 |
| April 2023 | 0% | £541,996 |
| April 2022 | 6.2% | £542,090 |
| April 2021 | 4.3% | £510,390 |
| April 2020 | 1.5% | £489,192 |
| April 2019 | -1.3% | £482,187 |
| April 2018 | 0.2% | £488,417 |
| April 2017 | 3.1% | £487,456 |
| April 2016 | 5.7% | £472,832 |
| April 2015 | 10.7% | £447,181 |
| April 2014 | 2.5% | £403,937 |
| April 2013 | -1.5% | £393,969 |
| April 2012 | -4.7% | £400,020 |
| April 2011 | 4.8% | £419,949 |
| April 2010 | 4.6% | £400,871 |
| April 2009 | -12.9% | £383,249 |
| April 2008 | 12.9% | £439,993 |
| April 2007 | 0% | £389,852 |
The current average rental value in the postcode is £1,824.
The SO51 0EL Rental Market has increased by 27.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.7% | £1,824pcm |
| April 2025 | 3.5% | £1,793pcm |
| April 2024 | 6% | £1,732pcm |
| April 2023 | 8.8% | £1,633pcm |
| April 2022 | 6.3% | £1,501pcm |
| April 2021 | -1.9% | £1,411pcm |
| April 2020 | 4% | £1,438pcm |
| April 2019 | -2.4% | £1,383pcm |
| April 2018 | 0.1% | £1,416pcm |
| April 2017 | -0.9% | £1,415pcm |
| April 2016 | 0.5% | £1,427pcm |
| April 2015 | 7.5% | £1,420pcm |
| April 2014 | 1.5% | £1,320pcm |
| April 2013 | 3.4% | £1,301pcm |
| April 2012 | 0.4% | £1,258pcm |
| April 2011 | 4.6% | £1,254pcm |
| April 2010 | -0.4% | £1,199pcm |
| April 2009 | 0.1% | £1,204pcm |
| April 2008 | 4.3% | £1,203pcm |
| April 2007 | 0% | £1,153pcm |
The last sale was on 8th August 2023 for £1,000,000 and since then the market in the area has decreased by 5.7%. The postcode has had a total of 12 sales since 1995.
SO51 0EL has seen 1 sale in the last three years and no sales in the last twelve months.
SO51 0EL is the 395th largest and the 568th most expensive postcode out of the 994 postcodes in the SO51 area.
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The closest station to SO51 0EL is Romsey station which is 2.5 kilometres away.
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