Mercer Way - SO51 7PN
Key Postcode Insights
SO51 7PN is a residential postcode situated on Mercer Way, Romsey, SO51 with 48 addresses.
It ranks as the 945th largest and 105th most expensive of the 995 postcodes in the SO51 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 48 properties: 15 houses, 13 flats and 20 other properties.
- Ave. Sale Price
- £225,280
- 10 Year change
- up 21.0%
- Ave. Rental Price
- £1,112pcm
- 10 Year change
- up 38.0%
- Ave. £ per ft²
- £338/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
SO51 7PN is a residential postcode situated on Mercer Way, Romsey, SO51 with 48 addresses.
It ranks as the 945th largest and 105th most expensive of the 995 postcodes in the SO51 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 48 properties: 15 houses, 13 flats and 20 other properties.
- Ave. Sale Price
- £225,280
- 10 Year change
- up 21.0%
- Ave. Rental Price
- £1,112pcm
- 10 Year change
- up 38.0%
- Ave. £ per ft²
- £338/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Properties in SO51 7PN
- 87 Mercer Way
2 Bed Mid-century Flat
- 89 Mercer Way
Flat
- 91 Mercer Way
1 Bed Mid-century Flat
- 93 Mercer Way
2 Bed Mid-century Flat
- 95 Mercer Way
Flat
Sales Market Trends
The last sale in SO51 7PN sold for £290,000 on 24th November 2023. Since then prices are down an average of 3.5%.
The current average value in the postcode is £225,280.
The SO51 7PN Sales Market has increased by 21.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.2% | £225,280 |
| June 2025 | 0% | £230,312 |
| June 2024 | -0.8% | £230,229 |
| June 2023 | -0.4% | £232,152 |
| June 2022 | 9.5% | £233,072 |
| June 2021 | 7.2% | £212,868 |
| June 2020 | 1.4% | £198,543 |
| June 2019 | -0.7% | £195,781 |
| June 2018 | 0.8% | £197,191 |
| June 2017 | 5% | £195,597 |
| June 2016 | 5.8% | £186,232 |
| June 2015 | 10.7% | £175,954 |
| June 2014 | 3.8% | £158,963 |
| June 2013 | -1.7% | £153,083 |
| June 2012 | -2.4% | £155,781 |
| June 2011 | 1% | £159,560 |
| June 2010 | 8.7% | £157,957 |
| June 2009 | -15.2% | £145,251 |
| June 2008 | 7.5% | £171,205 |
| June 2007 | 0% | £159,302 |
Rental Market Trends
The current average rental value in the postcode is £1,112.
The SO51 7PN Rental Market has increased by 38.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4% | £1,112pcm |
| June 2025 | 3% | £1,069pcm |
| June 2024 | 4.2% | £1,038pcm |
| June 2023 | 7.4% | £996pcm |
| June 2022 | 7% | £927pcm |
| June 2021 | 4.7% | £867pcm |
| June 2020 | 3.4% | £828pcm |
| June 2019 | 0.6% | £800pcm |
| June 2018 | -1.5% | £796pcm |
| June 2017 | 0.2% | £807pcm |
| June 2016 | 2.7% | £805pcm |
| June 2015 | 4.1% | £785pcm |
| June 2014 | 3.4% | £754pcm |
| June 2013 | 3.1% | £729pcm |
| June 2012 | 1.5% | £707pcm |
| June 2011 | 1.8% | £697pcm |
| June 2010 | 5.7% | £684pcm |
| June 2009 | -5.6% | £647pcm |
| June 2008 | 3.9% | £685pcm |
| June 2007 | 0% | £659pcm |
Sales History
The last recorded sale was on 24th November 2023 for £290,000 and since then the market in the area has decreased by 3.5%.
SO51 7PN has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Nov 2023£290,000 | 3 Bed House131, Mercer Way, Romsey, SO51 7PN131, Mercer Way, Romsey, SO51 7PN
- Sold Feb 2020£208,000 | 3 Bed House135, Mercer Way, Romsey, SO51 7PN135, Mercer Way, Romsey, SO51 7PN
- Sold Dec 2017£162,000 | 2 Bed Flat121, Mercer Way, Romsey, SO51 7PN121, Mercer Way, Romsey, SO51 7PN
Nearby Postcodes
SO51 7PN is the 945th largest and the 105th most expensive postcode out of the 995 postcodes in the SO51 area.
- SO51 7QJ, Mercer Way, Romsey, SO51SO51 7QJ37 Addresses|59 m away
- SO51 7DA, Nelson Close, Romsey, SO51SO51 7DA40 Addresses|74 m away
- SO51 7DE, Latham Road, Romsey, SO51SO51 7DE32 Addresses|114 m away
- SO51 7LL, New Road, Timsbury, Romsey, SO51SO51 7LL20 Addresses|133 m away
- SO51 0GU, Oatlands, Romsey, SO51SO51 0GU9 Addresses|141 m away
Property Types
- 3 modern houses built after 1980
- 1 modern flat built after 1980
- 12 mid-century houses built between 1936 and 1979
- 12 mid-century flats built between 1936 and 1979
- 20 other addresses of unknown type
- modern house (3)
- modern flat (1)
- mid-century house (12)
- mid-century flat (12)
- Unknown (20)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 28 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (1)
- F (0)
- C (24)
- G (0)
- D (2)
- No EPC (20)
Top 3 Most Expensive Sales
- Sold Jul 2025£450,000 | 3 Bed House3 Hartswood, Mercer Way, Romsey, SO51 7PH3 Hartswood, Mercer Way, Romsey, SO51 7PH
- Sold Jan 2017£400,000 | 3 Bed House3 Hartswood, Mercer Way, Romsey, SO51 7PH3 Hartswood, Mercer Way, Romsey, SO51 7PH
- Sold Jun 2024£385,000 | 4 Bed House4 Hartswood, Mercer Way, Romsey, SO51 7PH4 Hartswood, Mercer Way, Romsey, SO51 7PH
Schools Nearby
- Romsey Primary School & Nursery200 m away
- Cupernham Junior School800 m away
- Cupernham Infant School800 m away
- The Romsey School900 m away
- The Mountbatten School1.8 km away
- Oasis Academy Lord's Hill7.1 km away
More reading links
Public Transport Nearby
The closest station to SO51 7PN is Romsey station, which is 400 metres away.
- Romsey|400 m away
- Mottisfont & Dunbridge|6.0 km away
- Chandlers Ford|7.4 km away
- Redbridge|8.4 km away
