Property Data OutlookSO20
3,485 recorded transactions · Part of Test Valley
Compare with another area →Market outlook for SO20
Key indicators for buyers
The SO20 market is moderately favourable for buyers. Prices have softened (-40.6%), which could present a buying opportunity. 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
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Test Valley area
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
Rental data shown for wider Test Valley area
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 £475,000 with a 25% deposit (£119k), a 2-year fixed mortgage at 3.97% costs around £1,875 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses SO20 avg. price with Test Valley rental data
Monthly mortgage payments (£1,875) are £672 more than renting (£1,203). However, buying requires an upfront deposit of £119k — it would take around 22 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 |
|---|---|---|---|
3, MARSH COURT COTTAGES, MARSH COURT SO20 6JB | Semi-detached | £625,000 | 9 Jan 2026 |
MIDDLE THATCHED COTTAGE, ROMSEY ROAD, KINGS SOMBORNE SO20 6PN | Terraced | £325,000 | 9 Jan 2026 |
BANKSIDE COTTAGE, HEATHMAN STREET, NETHER WALLOP SO20 8EW | Detached | £675,000 | 17 Dec 2025 |
14, EVANS CLOSE, OVER WALLOP SO20 8JS | Semi-detached | £315,000 | 15 Dec 2025 |
WOODLANDS, STATION ROAD, CHILBOLTON SO20 6AW | Detached | £1,290,000 | 15 Dec 2025 |
OLD PALACE FARMHOUSE, OLD PALACE FARM, KINGS SOMBORNE SO20 6NJ | Detached | £825,000 | 14 Nov 2025 |
5, CHATTIS HILL STABLES, SPITFIRE LANE, CHATTIS HILL |
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.