Imofolio

Local authority · data to August 2026

House prices in Test Valley

Homes in Test Valley sold for an average £372,289, down 0.8% on a year ago. That is more than in 75% of UK councils. Over the last six months prices moved at 0.0% a year, about the same as the +0.4% a year of the past two years.

Average sale price
£372,289
Change in a year
−0.8%
−4.2% after inflation
Pricier than
75%
of UK councils

Test Valley: +10.1% in 5 years

Average sale price per home, £, monthly, with the next 12 months' expected path

  • Test Valley
  • South East
  • United Kingdom
  • Expected path
  • 80% range
Show the numbers
MonthTest ValleySouth EastUnited Kingdom
Aug 2027 · Expected path£371,822 (£352,112–£391,532)£383,466£280,154
Jul 2027 · Expected path£371,861 (£353,257–£390,465)£383,173£279,560
Jun 2027 · Expected path£371,900 (£354,420–£389,379)£382,880£278,967
May 2027 · Expected path£371,939 (£355,605–£388,272)£382,588£278,374
Apr 2027 · Expected path£371,978 (£356,817–£387,139)£382,295£277,781
Mar 2027 · Expected path£372,017 (£358,061–£385,972)£382,002£277,188
Feb 2027 · Expected path£372,056 (£359,349–£384,762)£381,709£276,595
Jan 2027 · Expected path£372,094 (£360,693–£383,496)£381,417£276,002
Dec 2026 · Expected path£372,133 (£362,115–£382,151)£381,124£275,409
Nov 2026 · Expected path£372,172 (£363,655–£380,689)£380,831£274,816
Oct 2026 · Expected path£372,211 (£365,389–£379,033)£380,538£274,223
Sep 2026 · Expected path£372,250 (£367,522–£376,979)£380,246£273,630
Aug 2026£372,289£379,953£273,037
Jul 2026£368,644£380,375£272,146
Jun 2026£372,780£378,890£270,690
May 2026£372,407£381,519£272,221
Apr 2026£375,295£379,342£270,966
Mar 2026£372,470£378,202£268,631
Feb 2026£372,296£378,018£269,423
Jan 2026£372,647£379,593£268,814
Dec 2025£370,555£374,984£268,002
Nov 2025£372,886£379,283£270,472
Oct 2025£372,885£382,074£269,819
Sep 2025£371,886£379,765£269,556
Aug 2025£375,374£383,045£270,575
Jul 2025£370,169£380,195£268,843
Jun 2025£373,080£379,262£266,796
May 2025£368,464£376,656£264,078
Apr 2025£376,884£375,519£260,162
Mar 2025£375,071£381,452£268,019
Feb 2025£378,049£380,137£264,771
Jan 2025£377,502£381,267£264,936
Dec 2024£379,861£378,958£263,991
Nov 2024£382,049£377,413£264,515
Oct 2024£375,903£381,155£265,252
Sep 2024£375,768£380,519£264,750
Aug 2024£369,106£381,897£265,085
Jul 2024£370,685£377,066£262,479
Jun 2024£369,105£373,083£259,585
May 2024£373,984£372,808£258,565
Apr 2024£367,744£369,214£256,478
Mar 2024£362,079£366,875£255,082
Feb 2024£355,967£367,789£254,633
Jan 2024£366,127£369,326£255,972
Dec 2023£371,021£367,572£256,177
Nov 2023£383,837£375,344£258,368
Oct 2023£388,139£377,965£260,129
Sep 2023£388,788£379,338£261,318
Aug 2023£378,820£381,601£262,602
Jul 2023£375,687£381,968£261,182
Jun 2023£382,538£377,848£258,275
May 2023£387,678£377,989£257,330
Apr 2023£384,711£379,543£256,479
Mar 2023£382,123£380,362£255,885
Feb 2023£379,880£383,401£258,788
Jan 2023£383,380£387,727£260,941
Dec 2022£385,816£388,158£263,190
Nov 2022£387,243£389,960£265,299
Oct 2022£387,227£391,862£265,693
Sep 2022£383,330£391,553£265,727
Aug 2022£381,321£390,701£265,124
Jul 2022£375,131£387,054£262,904
Jun 2022£369,872£380,603£258,118
May 2022£361,647£376,100£255,040
Apr 2022£360,916£370,658£252,167
Mar 2022£361,977£369,755£249,232
Feb 2022£361,731£367,655£248,309
Jan 2022£354,968£368,184£248,031
Dec 2021£347,890£362,713£245,189
Nov 2021£348,359£360,386£243,930
Oct 2021£345,279£354,140£239,236
Sep 2021£338,038£361,613£245,371

Reports for Test Valley

Each report opens the full series and the assumptions behind these figures.

Sale prices have an 80% chance of landing between £352,112 and £391,532 by August 2027.

Expected, August 2027
£371,822
Chance of a rise
49%

At the average sale price, a home costs £372,289. With 10% down and a 30-year mortgage, the payment is £1,718 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
25%
Payment, one income
51%

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£1,236
Owning per month
£1,753

79.6% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
90
Per 1,000 residents
0.7

Figures for United Kingdom: Test Valley has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

Sale prices have fallen by 3% or more 10 times since 1995. The deepest began in November 2007.

Deepest fall
−21.4%
Recovery from the low
63 months

In 2025 the population grew by 523 while 160 homes were finished: 3.3 new residents for every new home.

New residents per new home, 2025
3.3
Population change, 2025
+523

4.0% of the 57,107 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
4.0%
Empty homes
2,265

In 2025, 3% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
3%