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38 Monarch Close, Locks Heath, Southampton, Fareham, Hampshire, SO31 6UG

How much is 38 Monarch Close, Locks Heath, Southampton, Fareham, Hampshire, SO31 6UG worth?

Estimated value — November 2026

£346,000

Likely range £284,000 – £422,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale May 1997

65%

confidence

High

Typically within 9% of the sale price

Property details

Semi-detached house

Monarch Close · Southampton · SO31 6UG

Address

District
Fareham
County
Hampshire
See house prices in SO31 →

Value over time

  • Modelled value
  • Projected
  • Likely range (80%)
  • Today's estimate
£0£100k£200k£300k£400k£500k20002002200420062008201020122014201620182020202220242026£346,000

Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled valueLikely range
2000£109,182£93,565 – £126,598
2001£127,743£108,543 – £148,902
2002£159,699£134,610 – £187,332
2003£178,785£149,763 – £210,110
2004£195,349£162,879 – £229,678
2005£192,281£159,455 – £226,529
2006£202,904£167,073 – £240,134
2007£216,767£177,341 – £257,558
2008£187,434£152,510 – £223,853
2009£201,435£163,764 – £241,715
2010£209,308£170,210 – £252,430
2011£202,175£164,429 – £245,454
2012£201,072£163,652 – £244,817
2013£212,321£190,751 – £238,762
2014£232,722£207,653 – £263,451
2015£254,637£225,648 – £290,172
2016£269,578£237,236 – £309,222
2017£280,373£245,019 – £323,710
2018£287,292£249,305 – £333,856
2019£284,901£245,485 – £333,217
2020£292,266£250,041 – £344,026
2021£322,498£273,929 – £382,034
2022£350,805£295,824 – £418,201
2023£329,501£275,840 – £395,279
2024£346,760£288,164 – £418,587
2025£338,126£278,918 – £410,704
2026£346,000£284,000 – £422,000

Sale history

1997Sold
£66,500
2026Today — estimated
+420%£346,000

Mortgage calculator

£1,857

Estimated monthly repayment

£311,400

Loan amount

£357,121

Total interest

£668,521

Total repayable

A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.

Related properties

About this property

38 Monarch Close, Locks Heath, Southampton, Fareham, Hampshire, SO31 6UG is a semi-detached house on Monarch Close in Southampton, Hampshire. Stede's estimated value for November 2026 is £346,000. Four in five similar homes sold within their likely range when tested; for this property that range is £284,000 to £422,000. It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 75 similar homes in the same postcode sector (25%). The confidence score is 65 out of 100 (high): estimates like this one are typically within 9% of the eventual sale price.

It last sold in May 1997 for £66,500. The current estimate is 420% higher than that price. The current owner has held it for about 29 years.

The modelled value is up 3% over the past year and up 8% over the past five years.

Among 10 nearby properties Stede tracks in the SO31 area, estimated values run from £308,000 to £382,000. This semi-detached house's £346,000 sits toward the upper end of that range.

Common questions

How much is 38 Monarch Close, Locks Heath, Southampton, Fareham, Hampshire, SO31 6UG worth?

Stede estimates 38 Monarch Close, Locks Heath, Southampton, Fareham, Hampshire, SO31 6UG is worth £346,000 as of November 2026, within a likely range of £284,000 to £422,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.

When did 38 Monarch Close, Locks Heath, Southampton, Fareham, Hampshire, SO31 6UG last sell?

It last sold in May 1997 for £66,500.

What type of property is 38 Monarch Close, Locks Heath, Southampton, Fareham, Hampshire, SO31 6UG?

It is recorded as a Semi-detached house on Monarch Close in the SO31 postcode area.

How reliable is this estimate?

The confidence score is 65 out of 100 (high). Tested against real sales of similar homes, estimates like this one are typically within 9% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.

How does Stede calculate this estimate?

It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 75 similar homes in the same postcode sector (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.

How we got this figure

We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 26,680 real sales of similar homes.

  • Its sale in May 1997, brought up to today with the House Price Index£341,45975%
  • 75 similar homes sold recently in the same postcode sector£361,50925%

Estimate £346,000, likely £284,000 – £422,000

Read the full methodology and data sources →