Property Data OutlookTest Valley
Data from Land Registry, ONS, Bank of England
Compare with another area →Market outlook for Test Valley
Key indicators for buyers
The Test Valley market is moderately favourable for buyers. Affordability has improved from a peak of 10.7x in 2022 to 9.4x today. Rising rents (£1,203/mo, +8.0%) mean the cost of waiting is real.
Price trends
Average sale prices · HM Land Registry / UK HPI
Affordability ratio
House price ÷ median earnings · ONS data
A home in Test Valley costs 9.4x the local median salary — stretched, improving from a peak of 10.7x in 2022.
Rental trends
Average monthly rent · ONS Private Rental Index
Average monthly rent in Test Valley is £1,203, up 8.0% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Test Valley price of £372,071 with a 25% deposit (£93k), a 2-year fixed mortgage at 3.97% costs around £1,468 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Monthly mortgage payments (£1,468) are £265 more than renting (£1,203). However, buying requires an upfront deposit of £93k — it would take around 13 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
121, QUICKSILVER WAY SP11 6TW | Terraced | £240,000 | 23 Jan 2026 |
6, HERONS RISE SP10 2DY | Terraced | £242,000 | 23 Jan 2026 |
40, WINCHESTER ROAD SP10 2EQ | Detached | £575,000 | 22 Jan 2026 |
10, OLD ROAD, CUPERNHAM SO51 7WH | Other | £510,000 | 21 Jan 2026 |
96, LORDS WAY SP11 6FQ | Detached | £620,000 | 19 Jan 2026 |
184, PILGRIMS WAY SP10 5HT | Flat/Maisonette | £132,500 | 16 Jan 2026 |
27, WITHERS ROAD SO51 0AY | Detached | £285,000 |
Explore postcodes in Test Valley
5postcode districts · Click for detailed prices
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.