Typical 3-bedroom house£350kmost £309k–£407k
Houses per m²£4,181flats £3,309
Sold last year3772,528 in five years
Prices in New Forest0.0%on a year ago
A typical 3-bedroom house in SO40 sold for £350,082 over the last five years, in today's money; most went for between £309,477 and £407,288, for about 89 m² of space. That is 5% more than the same home across Southampton (£333,000).
377 homes sold here in the last year: one of the busier markets in England and Wales, so there is usually plenty to choose from. Flats start at around £136k for one bedroom. Within the district, houses cost the least per m² in SO40 9 (£3,874) and the most in SO40 7 (£4,901).
Across New Forest, prices are up 0% on a year ago and up 5.9% over five years. Renting a similar home there costs about £1,391 a month; a 90% mortgage on the typical price would be around £1,596 a month at 4.5% over 30 years. Lenders would typically want a household income of about £70,000 for that mortgage: what £70,000 buys.
Questions about SO40
Is SO40 a good area to buy a home?
What the numbers say: a 3-bedroom house costs 5% more than across Southampton; prices in New Forest are up 0% on a year ago; the best state primary nearby is above the England average (71% against 64%); the best secondary is above it (47.6% against 43.8%); 377 homes sold here last year. Whether it suits you depends on your budget and what you need nearby, so compare it with the districts around it below.
How much is a 3-bedroom house in SO40?
A typical 3-bedroom house in SO40 sold for £350,082 over the last five years, in today's money. Most sold between £309,477 and £407,288.
Is SO40 expensive for Southampton?
A 3-bedroom house in SO40 costs 5% more than the typical 3-bedroom house across Southampton (£333,000).
How many homes sell in SO40 each year?
377 homes sold in the last year and 2,528 in five years: one of the busier markets in England and Wales, so there is usually plenty to choose from.
What are the schools like near SO40?
The best-performing state primary within 2 km is Oakfield Academy, where 71% of pupils met the expected standard at age 11 (England: 64%).
Where is cheaper near SO40?
For a 3-bedroom house, SO16 (£292k, 6 km), SO14 (£274k, 7 km), SO17 (£311k, 8 km).
Sources: HM Land Registry price paid data matched to the EPC register for size and bedrooms, last five years in today's prices; UK House Price Index (July 2026); ONS private rents (August 2026); DfE school performance tables. Districts with fewer than five sales of a kind are left out. The mortgage figure is an illustration, not advice.