Richmond Lane - SO51 7LB
Key Postcode Insights
SO51 7LB is a residential postcode situated on Richmond Lane, Romsey, SO51 with 18 addresses.
It ranks as the 616th largest and 669th most expensive of the 995 postcodes in the SO51 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 18 properties: 18 houses.
- Ave. Sale Price
- £550,935
- 10 Year change
- up 27.1%
- Ave. Rental Price
- £1,993pcm
- 10 Year change
- up 45.1%
- Ave. £ per ft²
- £378/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Key Postcode Insights
SO51 7LB is a residential postcode situated on Richmond Lane, Romsey, SO51 with 18 addresses.
It ranks as the 616th largest and 669th most expensive of the 995 postcodes in the SO51 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 18 properties: 18 houses.
- Ave. Sale Price
- £550,935
- 10 Year change
- up 27.1%
- Ave. Rental Price
- £1,993pcm
- 10 Year change
- up 45.1%
- Ave. £ per ft²
- £378/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Explore Propertiesin SO51 7LB
- 1 Richmond Lane
4 Bed Mid-century House
- 3 Richmond Lane
Unknown
- 5 Richmond Lane
4 Bed Mid-century House
- 7 Richmond Lane
Unknown
- 9 Richmond Lane
4 Bed Mid-century House
Sales Market Trends
The last sale in SO51 7LB sold for £750,000 on 18th June 2025. Since then prices are down an average of 2.1%.
The current average value in the postcode is £550,935.
The SO51 7LB Sales Market has increased by 27.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.6% | £550,935 |
| June 2025 | 0.9% | £565,429 |
| June 2024 | -1.5% | £560,528 |
| June 2023 | -0.9% | £568,942 |
| June 2022 | 10.7% | £573,828 |
| June 2021 | 9.8% | £518,263 |
| June 2020 | 1.4% | £472,214 |
| June 2019 | -0.3% | £465,734 |
| June 2018 | 1.5% | £467,111 |
| June 2017 | 6.2% | £460,238 |
| June 2016 | 5.3% | £433,300 |
| June 2015 | 10.8% | £411,481 |
| June 2014 | 3.6% | £371,253 |
| June 2013 | -1.8% | £358,317 |
| June 2012 | -1.6% | £365,028 |
| June 2011 | 2.8% | £370,781 |
| June 2010 | 12.1% | £360,689 |
| June 2009 | -13.1% | £321,616 |
| June 2008 | 8.1% | £370,034 |
| June 2007 | 0% | £342,320 |
Rental Market Trends
The current average rental value in the postcode is £1,993.
The SO51 7LB Rental Market has increased by 45.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £1,993pcm |
| June 2025 | 3.9% | £1,924pcm |
| June 2024 | 3.5% | £1,852pcm |
| June 2023 | 6.9% | £1,789pcm |
| June 2022 | 8.2% | £1,674pcm |
| June 2021 | 7.2% | £1,547pcm |
| June 2020 | 3.4% | £1,443pcm |
| June 2019 | 1% | £1,396pcm |
| June 2018 | -0.8% | £1,382pcm |
| June 2017 | 1.4% | £1,393pcm |
| June 2016 | 2.1% | £1,374pcm |
| June 2015 | 4.2% | £1,345pcm |
| June 2014 | 3.2% | £1,291pcm |
| June 2013 | 3% | £1,250pcm |
| June 2012 | 2.3% | £1,215pcm |
| June 2011 | 3.6% | £1,187pcm |
| June 2010 | 9.1% | £1,145pcm |
| June 2009 | -3.3% | £1,050pcm |
| June 2008 | 4.5% | £1,085pcm |
| June 2007 | 0% | £1,038pcm |
Sales History
The last sale was on 18th June 2025 for £750,000 and since then the market in the area has decreased by 2.1%. The postcode has had a total of 14 sales since 1995.
SO51 7LB has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jun 2025£750,000 | 5 Bed House11, Richmond Lane, Romsey, SO51 7LB11, Richmond Lane, Romsey, SO51 7LB
- Sold Mar 2022£680,000 | 4 Bed House27, Richmond Lane, Romsey, SO51 7LB27, Richmond Lane, Romsey, SO51 7LB
- Sold Oct 2020£471,000 | 3 Bed House13, Richmond Lane, Romsey, SO51 7LB13, Richmond Lane, Romsey, SO51 7LB
- Sold Jul 2018£480,000 | 3 Bed House33, Richmond Lane, Romsey, SO51 7LB33, Richmond Lane, Romsey, SO51 7LB
- Sold Jul 2013£366,000 | 5 Bed House11, Richmond Lane, Romsey, SO51 7LB11, Richmond Lane, Romsey, SO51 7LB
Nearby Postcodes
SO51 7LB is the 616th largest and the 669th most expensive postcode out of the 995 postcodes in the SO51 area.
- SO51 7LA, Richmond Lane, Romsey, SO51SO51 7LA9 Addresses|47 m away
- SO51 7LF, Cupernham Lane, Romsey, SO51SO51 7LF15 Addresses|111 m away
- SO51 7JR, Woodley Lane, Romsey, SO51SO51 7JR19 Addresses|124 m away
- SO51 7JZ, Brook Way, Romsey, SO51SO51 7JZ40 Addresses|175 m away
- SO51 7JQ, Carisbrooke Court, Romsey, SO51SO51 7JQ41 Addresses|176 m away
Property Types
- 9 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 8 other addresses of unknown type
- mid-century house (9)
- house (1)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (5)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Jun 2025£750,000 | 5 Bed House11, Richmond Lane, Romsey, SO51 7LB11, Richmond Lane, Romsey, SO51 7LB
- Sold Mar 2022£680,000 | 4 Bed House27, Richmond Lane, Romsey, SO51 7LB27, Richmond Lane, Romsey, SO51 7LB
- Sold Sep 2021£670,000 | 5 Bed House10, Richmond Lane, Romsey, SO51 7LA10, Richmond Lane, Romsey, SO51 7LA
Schools Nearby
- Cupernham Junior School300 m away
- Cupernham Infant School300 m away
- Romsey Primary School & Nursery700 m away
- The Romsey School1.4 km away
- The Mountbatten School2.1 km away
- Oasis Academy Lord's Hill7.5 km away
More reading links
Public Transport Nearby
The closest station to SO51 7LB is Romsey station, which is 1.1 kilometres away.
- Romsey|1.1 km away
- Mottisfont & Dunbridge|5.8 km away
- Chandlers Ford|7.2 km away
- Redbridge|8.9 km away
