Postcode SO41 8QZ is located in an urban city, within the Pennington ward of New Forest in the South East region, and forms part of the Milford & Lymington South area. It has very low deprivation and very low crime levels, with around 24.8 crimes per 1,000 residents per year. The average income per household in Milford & Lymington South is £58,738 per year. The nearest station is Lymington Town located about 1.9 miles away.
Milford & Lymington South has a very low level of deprivation, ranked at position 29,183 out of 32,844 areas in the United Kingdom — placing it within the bottom 11% least deprived areas in England.
Milford & Lymington South has a very low crime rate, with approximately 24.8 reported incidents per 1,000 population each year.
Approximately 2.1% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 3.9% of dwellings are socially rented.
The average income per household in Milford & Lymington South is £58,738 per year.
No significant noise sources from railways or roads near SO41 8QZ.
Milford & Lymington South near SO41 8QZ has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.
The nearest station is Lymington Town located about 1.9 miles away. There are no other stations nearby.
Based on 93 recent sales, the median property price is £380,000 in Pennington area, with individual transactions ranging from £68,500 up to £1,500,000.
Price distribution per property type (last year)
Median sale price and percentiles per property type (last year)
| Type | Sales | Median |
|---|---|---|
| Detached | 34 | £607,500 |
| Flats | 14 | £205,250 |
| Semi-Detached | 25 | £360,000 |
| Terraced | 20 | £361,250 |
10 year median price trend in Pennington
In the SO41 8QZ postcode area, located within Milford & Lymington South, there are no schools in close proximity.
Annual council tax rates for New Forest district (2025-26).
Council tax bands are based on the value of your property. Most homes fall into bands A to D.
All data is sourced from official UK government agencies and public datasets. Last updated: 16/01/2026.