Houses in Fair Oak cost about £367,500. That is the typical sale over the past year, and it buys you the thing the village is built around: a house, with a garden, on a street of other houses. Detached homes push past £460,000. Flats, the rare exception, change hands nearer £169,000. This is not a bargain postcode, and it never pretends to be.
The typical sale over the past year landed at about £367,500 across roughly 140 completed transactions, which is a healthy amount of trade for a place this size. The split runs exactly as the housing stock predicts. A detached house costs around £460,000, a semi about £337,500, and a terrace roughly £272,500. The handful of flats that sold sat near £169,000, which is the only genuinely cheap way into the postcode, and there are not many of them going.
Council tax lands in the middle rather than the top. Band C is the most common, and only about one in seven dwellings sits in the cheaper A and B bands, so the tax bill matches the price tag: comfortable, not punishing, and nowhere near a steal.
Renting is the minority sport here, and the useful yardstick is the typical private rent across the Eastleigh area, which runs at about £1,210 a month. By size, that shakes out to roughly £860 for a one-bedroom, about £1,100 for a two-bed, around £1,350 for a three-bed, and close to £1,860 for four bedrooms or more. Those are area figures rather than Fair Oak's own, and in a village where most people own their homes, a rental is something you wait for rather than pick from a shelf.
Against local wallets, that price is a stretch but not a fantasy. The typical household here earns about £64,000 a year, which puts the typical house at close to six times income. That is real money and a serious mortgage, but it is the kind of ratio a two-income household in a settled commuter village can carry, which is precisely who keeps buying here and keeps the prices where they are.
Houses in Fair Oak cost what a comfortable, low-drama Hampshire village costs, which is more than you want to pay and about what you expected. Above average, and priced like it.