Southampton Property Market Statistics 2026

Southampton is home to around 259,424 people in South East England (ONS mid-2024 population estimate). This page brings together the current verified figures on Southampton house prices, rents and rental yields, drawn from the ONS/HM Land Registry UK House Price Index and ONS Private Rent and House Price Statistics. Every figure below carries its own source and date so it can be checked or quoted directly. For a wider view of the national picture, see our UK Rental Market Statistics 2026 and UK Landlord Statistics 2026 pages.

Last Updated: July 2026 | Next Update: October 2026

Southampton Key Stats at a Glance

Southampton House Prices in 2026

The average house price in Southampton has fallen 1.3% in the year to April 2026 (ONS/HM Land Registry UK House Price Index (provisional)). For comparison, average prices across South East England rose 0.3% over the same period (ONS/HM Land Registry UK House Price Index (provisional)). That puts the typical Southampton home at £234,000, based on transactions recorded up to April 2026.

The Southampton Renaissance masterplan has identified capacity for up to 15,000 new homes and more than 2 million sq m of commercial floorspace over the next two decades, with the historic North Wall site among the first areas to see new investment in 2026 (Southampton City Council, 2026).

Local house price data of this kind is based on a smaller number of transactions than national figures, so short-term movements in a single city should be read as a trend rather than a precise monthly signal. Looked at over a full year, though, Southampton's fall of 1.3% gives a reasonably clear read on where the local market sits going into the second half of 2026.

Southampton Rents and Rental Yields

The average monthly rent in Southampton has risen 3.1% in the year to May 2026 (ONS Private Rent and House Price Statistics). That is against a wider South East England average rent increase of 2.9% over the same period (ONS Private Rent and House Price Statistics). That works out at £1,250 a month for the average Southampton let as of May 2026.

Putting the two figures together gives the gross rental yield, the standard way of comparing rental income against purchase price before costs. For Southampton: (£1,250 x 12 months) / £234,000 x 100 = 6.4% gross yield. This is a gross, pre-cost figure; it does not account for mortgage interest, management fees, maintenance, void periods or tax, all of which reduce the net return a landlord actually receives. For the national landlord and rental picture, including how gross and net yields typically compare, see our UK Landlord Statistics 2026 and UK Rental Market Statistics 2026 pages.

The University of Southampton is the city's second-largest employer, with around 6,000 staff and over 20,000 students contributing an estimated £1.3 billion a year to the regional economy.

What's Shaping the Southampton Property Market

Southampton is the UK's busiest cruise port and sits within the £2 billion Solent Freeport, reinforcing its role as a maritime and logistics hub.

Landlords and investors trying to translate these figures into an actual purchase in Southampton typically work with property sourcing agents to find stock that fits the numbers above, rather than relying on portal browsing alone, since the best-priced opportunities in a market like this rarely stay listed for long. This page is a statistics reference rather than a buying guide; for an area-by-area breakdown of where to invest within Southampton, see our Southampton property investment guide.

Frequently Asked Questions

What is the average house price in Southampton in 2026?

The average house price in Southampton was £234,000 in April 2026 (ONS/HM Land Registry UK House Price Index (provisional)), down 1.3% from April 2025.

What is the average rent in Southampton?

The average monthly rent in Southampton was £1,250 in May 2026 (ONS Private Rent and House Price Statistics), up 3.1% from May 2025.

What rental yield can landlords expect in Southampton?

Based on the average purchase price of £234,000 and average monthly rent of £1,250, the gross rental yield in Southampton works out at 6.4%. This is a gross figure before mortgage costs, management fees, maintenance and tax, so actual net returns will be lower.

Is the Southampton property market rising or falling in 2026?

Southampton house prices have fallen 1.3% over the past year, while rents have risen 3.1% over the same period. The two do not always move together, and the gap between price growth and rent growth is one reason gross yields shift from year to year.

Where can I find area-by-area investment analysis for Southampton?

This page focuses on citywide statistics. For a breakdown of specific Southampton neighbourhoods and investment areas, see our Southampton property investment guide.

Sources and Methodology

Gross rental yield is calculated as (average monthly rent x 12) / average house price x 100, using the figures in the table above. It is a standard, transparent calculation, not a forecast, and does not represent net return after costs.

This page is a statistics reference. It does not constitute financial or investment advice. Figures are provisional and subject to revision by the original sources; always check the linked sources directly before relying on a figure for a decision.