Downsizing in Chilworth: What You Would Actually Release
Selling at the £900,000 Chilworth average and buying at £630,000 releases about £232,300 after costs. Fees, stamp duty and moving take roughly £37,700 of it.
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
Selling at the £900,000 Chilworth average and buying at £630,000 releases about £232,300 after costs. Fees, stamp duty and moving take roughly £37,700 of it.
Running the downsizing numbers in Chilworth
Start with the gap. Selling at £900,000 and buying at 70% of that, £630,000, leaves £270,000 before costs. Costs are the part people underestimate.
Agent fees at 1.5% are £13,500. Stamp duty on the purchase is £21,500. Total £37,700, leaving £232,300 in hand.
Moving within Hampshire rather than out of it keeps you near family and known services. The average price across the county towns we cover is £535,916, against £900,000 here.
Where the sale proceeds go
The commercial page for this town sets out the introduction itself: Equity release in Chilworth.
Downsizing against releasing equity
A lifetime mortgage at 65 on the same property would release about £306,000. Downsizing nets £232,300. The difference is that downsizing costs you the house, and equity release costs you the estate.
Over twenty years that £306,000 release grows to roughly £1,078,235. The downsizing figure does not grow at all, because there is no debt.
What the move costs beyond money
Council tax follows the property, not the person. Band D in Chilworth is £2,303, and a smaller home may sit in a lower band. Check the band before you offer, not after.
Downsizing works best when you are not in a hurry.
What a move within Chilworth looks like
The schools families ask about here are Rownhams St John's CofE Primary School, Secondary schools (Southampton & Romsey), Independent schools (Southampton) and The University of Southampton. 1 local school was rated Good or Outstanding overall at its most recent graded Ofsted inspection. Ratings age between inspections, so read the latest report before you rely on one.
On getting about: Chilworth to Southampton Airport Parkway takes about 5 to 10 min drive.
By price, Chilworth ranks 1 of the 178 Hampshire locations we cover, at £900,000 against a county average of £535,916.
Is Chilworth right to stay in?
Chilworth is a small, leafy, notably affluent edge-of-Southampton village.
The full local guide covers schools, transport and the market in detail: Chilworth property and area guide.
- A secluded, leafy and affluent village
- The Science Park & the University close
- Superb M3/M27 access & the airport near
- Wooded detached homes on generous plots
- Southampton, the University & the coast close by
- Expensive, among the priciest near Southampton
- Low supply, few smaller or accessible homes
- No station or high street of its own
- A quiet village, you rely on Southampton
- Close to major roads (M3/M27/A27)
| Who it suits | Out of five | Why |
|---|---|---|
| Professionals (Southampton) | ★★★★★ | Minutes from the University, the Science Park and the city, in a leafy, prestigious setting. |
| Upsizers & executive buyers | ★★★★★ | One of the area's most exclusive addresses, large detached homes on generous wooded plots. |
| Families | ★★★★☆ | Green, quiet and well connected, with good schools in the wider area, though few village amenities of its own. |
| Commuters | ★★★★☆ | Fast road links (M3/M27) and Southampton stations nearby make city and airport access easy. |
| First-time buyers | ★☆☆☆☆ | An expensive, large-home village with very little affordable or starter stock. |
Chilworth is known locally for The University of Southampton Science Park. The research and business park on the edge of the village (formerly the Chilworth Science Park), with strong University links, a major local feature and employer, and home to Sky UK's main satellite uplink.
Practical detail for Chilworth: the SO16 postcode district, no village station, Southampton Airport Parkway nearby (fast direct to London Waterloo) and nearest A and E is Southampton General Hospital, verify with NHS.
Chilworth has history behind the price. In c.1200, The old bells of the village church date from around this time, a reminder of Chilworth's long history.
Chilworth at a glance
| Downsizing line | Chilworth figure |
|---|---|
| Sale price, local average | £900,000 |
| Purchase at 70% of value | £630,000 |
| Estate agent at 1.5% | £13,500 |
| Stamp duty on purchase | £21,500 |
| Legal and moving | £2,700 |
| Total costs | £37,700 |
| Net released | £232,300 |
| Lifetime mortgage alternative at 65 | £306,000 |
Figures are local averages used for illustration. Confirm your own numbers before acting on them.
Ask about Chilworth
Three details is all we need. You are told before anything is passed to a partner firm.
Your checklist
- A real valuation of your home, not the £900,000 average
- The council tax band of the property you are buying
- Total moving costs of about £37,700
- The equity release comparison, in writing, before you decide
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
Check broadband before you make an offer in Chilworth
Broadband speeds can vary street by street in Chilworth, so check the exact address before you commit. Ofcom's free checker shows which broadband speeds and mobile coverage are available at any UK property.
We can introduce you to a specialist who can combine your mobile, broadband and utilities into one bill. There's no fee for the introduction.
We don't provide these services ourselves. Switching household bills is not a regulated financial service, so FCA protections and the Financial Ombudsman do not apply. We'll only pass your details to the specialist if you ask us to. See our privacy notice.
Questions people ask
How much would I release by downsizing in Chilworth?
Is downsizing better than equity release?
What are the costs of moving?
How do I check broadband speed at a property in Chilworth?
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