Property Data OutlookSP11
11,799 recorded transactions · Part of Test Valley
Compare with another area →Market outlook for SP11
Key indicators for buyers
The SP11 market presents a mixed picture for buyers. Prices are rising at 5.0%, which may favour acting sooner rather than later. 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 £438,357 with a 25% deposit (£110k), a 2-year fixed mortgage at 3.97% costs around £1,730 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses SP11 avg. price with Test Valley rental data
Monthly mortgage payments (£1,730) are £527 more than renting (£1,203). However, buying requires an upfront deposit of £110k — it would take around 18 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 |
|---|---|---|---|
10, BIDDESDEN LANE, FABERSTOWN SP11 9PG | Semi-detached | £303,500 | 26 Jan 2026 |
121, QUICKSILVER WAY SP11 6TW | Terraced | £240,000 | 23 Jan 2026 |
96, LORDS WAY SP11 6FQ | Detached | £620,000 | 19 Jan 2026 |
LIMMER COTTAGE, UPPER CHUTE SP11 9EH | Detached | £575,000 | 19 Jan 2026 |
GREEN BANK, UPPER LINK, ST MARY BOURNE SP11 6BT | Detached | £680,000 | 8 Jan 2026 |
38, LEE VALLEY CLOSE SP11 6XZ | Terraced | £230,000 | 6 Jan 2026 |
49, DRAPER CLOSE SP11 6YR | Detached |
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.