Spencer Road, New Milton house prices are built from 205 sales lodged with HM Land Registry, the oldest in 1995 and the most recent on 6 Feb 2026. The median price paid across the whole record is £170,000. Across the 10 years from 2014 to 2024 the median moved +45.0% in cash — but once inflation is taken out, the change in 2026 money is +6.4%.
Median price paid
£170,000
Change in cash, 2014–2024
+45.0%
Change in real terms
+6.4%
Median per m²
£2,042
HM Land Registry205 sales30 with floor areaLatest sale 6 Feb 2026
Section 01
How Spencer Road, New Milton prices moved
The chart tracks the median Spencer Road, New Milton house price for every year with a recorded sale, from 1995 to 2024. The dashed line restates each year in 2026 money, so the two lines separate exactly as much as inflation has eroded the cash figure.
| Decade | Years with sales | Median paid | In today's money |
|---|---|---|---|
| 1990s | 4 | £62,500 | £138,780 |
| 2000s | 6 | £136,750 | £249,118 |
| 2010s | 9 | £192,000 | £270,720 |
| 2020s | 3 | £262,500 | £268,207 |
The highest yearly median on record for Spencer Road, New Milton is £278,475 in 2024; the lowest is £60,000 in 1996. Across the full 30-year record the cash median has moved from £62,500 to £278,475.
In 2026 money that first median is worth £138,780, so the real change over the whole record is +111.1% — about +2.61% a year after inflation. Cash growth and real growth are not the same story, and the gap is the part most price reports leave out.
Over the last decade alone the difference is stark: +45.0% in cash against +6.4% once inflation is removed. A buyer who sold at the end of that decade would have needed the real figure, not the headline one, to know whether they had actually gained.
Section 02
The most recent sales
Every row is a completed sale as lodged with HM Land Registry. The right-hand column restates the price in 2026 money, which is the only fair way to compare a sale from the 1990s with one from last year.
| Address | Sold | Type | Price paid | In today's money |
|---|---|---|---|---|
| Flat 7 Cheridah Court, 11 | 6 Feb 2026 | Flat or maisonette | £279,950 | £279,950 |
| Flat 4 Pegasus Court | 7 Oct 2025 | Flat or maisonette | £245,000 | £250,326 |
| Flat 15 Cheridah Court, 11 | 24 Jun 2025 | Flat or maisonette | £269,000 | £274,848 |
| Flat 10 Richmond Court | 6 Nov 2024 | Flat or maisonette | £249,950 | £263,007 |
| Flat 6 Cheridah Court, 11 | 30 Sep 2024 | Flat or maisonette | £307,000 | £323,037 |
| Flat 12 Beau Court, 35 | 13 Sep 2024 | Flat or maisonette | £320,000 | £336,716 |
| 3 Beau Court | 24 May 2024 | Flat or maisonette | £310,000 | £326,194 |
| Flat 11 Spencer Court | 3 May 2024 | Flat or maisonette | £140,000 | £147,313 |
| Flat 8 Knightwood Court | 26 Jan 2024 | Flat or maisonette | £200,000 | £210,448 |
| Flat 5 Richmond Court | 26 May 2023 | Flat or maisonette | £287,000 | £310,092 |
| Flat 1 Knightwood Court | 28 Feb 2023 | Flat or maisonette | £235,000 | £253,908 |
| Flat 8 Cheridah Court, 11 | 22 Nov 2022 | Flat or maisonette | £353,500 | £409,560 |
| Flat 5 Elizabeth Court | 4 Nov 2022 | Flat or maisonette | £270,000 | £312,818 |
| Flat 3 Elizabeth Court | 1 Aug 2022 | Flat or maisonette | £249,950 | £289,589 |
| Flat 9 Richmond Court | 31 May 2022 | Flat or maisonette | £255,000 | £295,440 |
| Flat 10 Spencer Court | 11 Feb 2022 | Flat or maisonette | £235,000 | £272,268 |
| 4 Beau Court, 35 | 12 Jan 2022 | Flat or maisonette | £310,000 | £359,162 |
| 8 Beau Court | 26 Nov 2021 | Flat or maisonette | £290,000 | £366,398 |
| Flat 5 Pegasus Court | 30 Apr 2021 | Flat or maisonette | £250,000 | £315,860 |
| Flat 4 Knightwood Court | 12 Apr 2021 | Flat or maisonette | £183,500 | £231,841 |
| 2 Beau Court | 19 Mar 2021 | Flat or maisonette | £240,000 | £303,226 |
| Flat 6 Knightwood Court | 26 Feb 2021 | Flat or maisonette | £187,000 | £236,263 |
| Flat 4 Elizabeth Court | 14 Jan 2021 | Flat or maisonette | £230,000 | £290,591 |
| Flat 10 Cheridah Court, 11 | 24 Sep 2020 | Flat or maisonette | £320,000 | £414,325 |
| Flat 3 Cheridah Court, 11 | 20 Aug 2020 | Flat or maisonette | £360,000 | £466,116 |
Section 03
Homes that sold twice
These addresses appear in the register more than once, so the same bricks are being priced twice. That makes them the strongest evidence of what actually happened to Spencer Road, New Milton values — no mix of property types can flatter the number.
| Address | First recorded sale | Most recent sale | Cash a year | Real a year |
|---|---|---|---|---|
| FLAT 7 CHERIDAH COURT, 11 Spencer Road | £260,000 (2006) | £279,950 (2026) | +0.4% | -2.5% |
| FLAT 4 PEGASUS COURT Spencer Road | £180,000 (2018) | £245,000 (2025) | +4.5% | +0.6% |
| FLAT 15 CHERIDAH COURT, 11 Spencer Road | £245,000 (2007) | £269,000 (2025) | +0.5% | -2.4% |
| FLAT 10 RICHMOND COURT Spencer Road | £102,000 (2000) | £249,950 (2024) | +3.8% | +1.1% |
| FLAT 6 CHERIDAH COURT, 11 Spencer Road | £250,000 (2006) | £307,000 (2024) | +1.1% | -1.8% |
| FLAT 12 BEAU COURT, 35 Spencer Road | £220,000 (2016) | £320,000 (2024) | +4.8% | +1.2% |
| 3 BEAU COURT Spencer Road | £223,000 (2004) | £310,000 (2024) | +1.7% | -1.2% |
| FLAT 11 SPENCER COURT Spencer Road | £42,000 (1995) | £140,000 (2024) | +4.2% | +1.6% |
| FLAT 8 KNIGHTWOOD COURT Spencer Road | £155,000 (2006) | £200,000 (2024) | +1.4% | -1.5% |
| FLAT 1 KNIGHTWOOD COURT Spencer Road | £55,000 (1995) | £235,000 (2023) | +5.3% | +2.6% |
| FLAT 8 CHERIDAH COURT, 11 Spencer Road | £250,000 (2006) | £353,500 (2022) | +2.2% | -0.5% |
| FLAT 5 ELIZABETH COURT Spencer Road | £75,000 (1998) | £270,000 (2022) | +5.5% | +3.0% |
Section 04
What sells here
The mix of property types explains a large part of any area's median. Spencer Road, New Milton is dominated by the type at the top of this table, so its overall median leans that way.
| Property type | Sales | Share | Median paid | Range |
|---|---|---|---|---|
| Flat or maisonette | 194 | 94.6% | £170,000 | £38,500 – £360,000 |
| Detached | 5 | 2.4% | £145,000 | £115,000 – £166,000 |
| Terraced | 4 | 2.0% | £318,000 | £100,000 – £370,000 |
| Semi-detached | 2 | 1.0% | £100,000 | £100,000 – £175,000 |
Section 06
Ownership and new build in Spencer Road, New Milton
196 of the sales on record are leasehold and 9 freehold — 95.6% of the market. Tenure is not a detail: a leasehold flat and a freehold house are different assets, and mixing them into one median hides the difference.
The median leasehold sale is £170,000 and the median freehold sale £166,000 — a gap of -2.4%. Most of that gap is property type rather than tenure itself: leasehold here is largely flats, freehold largely houses.
| Category | Sales | Share | Median paid |
|---|---|---|---|
| Leasehold | 196 | 95.6% | £170,000 |
| Freehold | 9 | 4.4% | £166,000 |
| New build | 16 | 7.8% | £248,750 |
| Existing home | 189 | 92.2% | £166,000 |
New builds sold for more than the median existing home — +49.8%. A new-build premium is normal: the buyer gets a warranty and nothing to fix, and the price is set by a developer rather than negotiated between two households.
A further 10 transfers for this area are on the register but are left out of every figure above. HM Land Registry marks them as additional price paid entries: repossessions, buy-to-let portfolio moves, transfers between companies or family, and sales at a discount such as right to buy. They are real records but they are not open-market prices, and including them would drag the median somewhere no buyer ever paid.
Section 07
Living in Spencer Road, New Milton
Every certificate carries an energy efficiency band as well as a floor area. Across New Forest, 41.4% of 81,792 certificates sit in bands A to C, and 4.9% in F or G — the bands that cost the most to heat and are hardest to mortgage.
| Energy band | Certificates | Share |
|---|---|---|
| A | 319 | 0.4% |
| B | 5,972 | 7.3% |
| C | 27,549 | 33.7% |
| D | 32,422 | 39.6% |
| E | 11,558 | 14.1% |
| F | 3,080 | 3.8% |
| G | 892 | 1.1% |
The Office for National Statistics puts the mean private rent in New Forest at £1,238 a month as of Jun 2026 — £860 for a one-bedroom home and £1,384 for three bedrooms.
Against the median sale of £170,000 here, that rent is a gross yield of 8.74% a year. It is a measured figure rather than an assumption: a real local rent over a real local price, before any cost of ownership.
Police forces publish every recorded street-level crime. Within a mile of the centre of BH25, 116 crimes were recorded in Jun 2026: 49 violent, 0 burglary, 3 vehicle-related and 14 anti-social behaviour. The median postcode district in this archive recorded 167 in the same month, so this one is 1.4 times quieter.
Against the 175,785 residents the 2021 census counted in New Forest, that is 0.66 recorded crimes per thousand people in the month. The count covers a mile around the district centre while the population covers the whole council, so read the rate as an order of magnitude rather than a precise figure.
A count is not a rate. A district with shops and a station records more crime than a residential one of the same size, because more people pass through it. Read this next to the median, not on its own.
Section 08
The neighbourhood around Spencer Road, New Milton
The 2021 census counted 175,785 residents in New Forest across 77,567 households. 74.8% of those households own their home and 25.1% rent — a split the sold record cannot show, because only owners appear in it.
5 state and independent schools have a BH25 postcode: 4 primary, 1 secondary. Catchment areas do not follow postcodes, so treat this as what is nearby rather than what a child would be offered.
| School | Phase | Type | Pupils |
|---|---|---|---|
| The Arnewood School | Secondary | Academy converter | 839 |
| New Milton Junior School | Primary | Community school | 320 |
| Ashley Junior School | Primary | Foundation school | 230 |
| New Milton Infant School | Primary | Community school | 167 |
| Ashley Infant School | Primary | Community school | 149 |
| Station | Mode | Distance from the district centre |
|---|---|---|
| New Milton Rail Station | Rail | 0.3 km |
| Hinton Admiral Rail Station | Rail | 3.9 km |
| Sway Rail Station | Rail | 4.9 km |
| Mudeford Quay Ferry Landing | Ferry | 6.7 km |
Section 09
How Spencer Road, New Milton compares
The median across the whole archive is £157,500. Spencer Road, New Milton sits above that national figure — +7.9%.
Within New Milton the street ranks 319 of 401 by median price, and its median is below the town figure of £215,000 (-20.9%).
Where an EPC floor area could be matched to the sale, the median works out at £2,042 per square metre, across 30 of the 205 sales on record. Price per square metre is the only figure that compares a two-bed flat with a four-bed house honestly.
The full range on record runs from £38,500 to £370,000. Extremes usually mean something unusual — a plot sold without a house on it, a transfer between family members, or a very large property — so the median is the number to trust.
Spencer Road, New Milton sits in New Forest, in the South East.
The Office for National Statistics puts the median home in New Forest at 10.3 times median local earnings of £36,792 a year, measured to Sep 2025. Across England and Wales the same ratio is 7.6. That number, not the price alone, is what decides whether a place is within reach of the people who work in it.
Section 10
Nearby on the record
Streets nearby
- Eastlands£121,500 median
- Station Road£119,950 median
- Whitefield Road£169,950 median
- Barton Court Avenue£250,000 median
- Ashley Road£194,000 median
- Manor Road£231,000 median
- Old Milton Road£142,500 median
- Sea Road£224,000 median
- Doe Copse Way£170,000 median
- Herbert Road£180,000 median
- Buckingham Walk£110,000 median
- Marine Drive East£260,000 median
- Osborne Road£220,000 median
- Marine Drive£190,000 median
- Fernhill Lane£147,000 median
- Gore Road£230,000 median
Addresses with more than one recorded sale
- FLAT 11, PEGASUS COURT Spencer Road6 sales
- FLAT 10, RICHMOND COURT Spencer Road5 sales
- FLAT 2, KNIGHTWOOD COURT Spencer Road5 sales
- FLAT 7, CHERIDAH COURT, 11 Spencer Road4 sales
- FLAT 6, CHERIDAH COURT, 11 Spencer Road4 sales
- FLAT 1, KNIGHTWOOD COURT Spencer Road4 sales
- FLAT 9, RICHMOND COURT Spencer Road4 sales
- FLAT 7, BEAU COURT, 35 Spencer Road4 sales
- FLAT 1, PEGASUS COURT Spencer Road4 sales
- FLAT 6, SPENCER COURT Spencer Road4 sales
- FLAT 10, PEGASUS COURT Spencer Road4 sales
- FLAT 15, CHERIDAH COURT, 11 Spencer Road3 sales
- 3, BEAU COURT Spencer Road3 sales
- FLAT 11, SPENCER COURT Spencer Road3 sales
- FLAT 8, CHERIDAH COURT, 11 Spencer Road3 sales
- FLAT 5, PEGASUS COURT Spencer Road3 sales
- FLAT 4, KNIGHTWOOD COURT Spencer Road3 sales
- FLAT 6, KNIGHTWOOD COURT Spencer Road3 sales
- FLAT 3, CHERIDAH COURT, 11 Spencer Road3 sales
- 11, BEAU COURT Spencer Road3 sales
- FLAT 10, BEAU COURT, 35 Spencer Road3 sales
- FLAT 9, PEGASUS COURT Spencer Road3 sales
- FLAT 1, CHERIDAH COURT, 11 Spencer Road3 sales
- FLAT 6, ELIZABETH COURT Spencer Road3 sales
Back to New Milton house prices.
Quick answers
Common questions about this data
What is the average house price in Spencer Road, New Milton?
The median price paid in Spencer Road, New Milton across every sale on the register is £170,000. The median is used rather than the mean because a handful of very large sales would otherwise drag the average away from what a typical buyer paid.
How many homes have sold in Spencer Road, New Milton?
205 sales are on record for Spencer Road, New Milton, the most recent completing on 6 Feb 2026. Every one is a completed transfer lodged with HM Land Registry, not an asking price or an estimate.
Have Spencer Road, New Milton house prices actually risen?
In cash, the median rose +45.0% between 2014 and 2024. In 2026 money — that is, after inflation — the change is +6.4%. Both numbers are true; only the second one tells you whether buying here preserved value.
When were Spencer Road, New Milton house prices at their highest?
The highest yearly median on record is £278,475, set in 2024. That is the cash figure; measured in 2026 money the peak may fall in a different year, because inflation reshapes the series.
What is the price per square metre in Spencer Road, New Milton?
£2,042 per square metre, from the 30 sales where an EPC floor area could be matched to the address. Price per square metre strips out size, so a flat and a house can be compared on the same basis.
How current is this data?
The latest sale shown here completed on 6 Feb 2026. HM Land Registry publishes Price Paid Data monthly and a sale can take a month or two to appear after completion, so the most recent weeks are always incomplete.
Cite this page: Sold Price History, “Spencer Road, New Milton house prices”, 2026. Source: HM Land Registry Price Paid Data © Crown copyright and database right, used under the Open Government Licence v3.0. Inflation adjustment: ONS CPIH.