SO16 5LE is a residential postcode located on Springford Crescent, Southampton, SO16. It is the 878th largest postcode in the SO16 area.
It contains 14 houses and 5 unknown and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £314,585. Sales values have increased in the last 12 months by 2.9% and Rental values have increased by 5.0%.
Property sale values range from £280,636 for a freehold house, with 3 bedrooms split across 646 square feet of gross internal area and has a garden to £403,422 for a freehold house, with 4 bedrooms split across 1,292 square feet of gross internal area and has a garden.
Average £/ft2 for properties in SO16 5LE is £383/ft2.
Properties achieve a rental yield of between 5.2% and 6%, and rental values range from £1,400 to £1,752 per month.
The last sale was 24 Sep 2021 for £268,000 and since then the market in the area has increased by 6.8%. The postcode has had a total of 4 sales since 1995.
SO16 5LE has seen 1 sale in the last three years and no sales in the last twelve months.
SO16 5LE is the 878th largest and the 1027th most expensive postcode out of the 1,503 postcodes in the SO16 area.
SO16 5LE is the 878th largest and the 1027th most expensive postcode out of the 1,503 postcodes in the SO16 area.
SO16 5LE is a residential postcode located on Springford Crescent, Southampton, SO16 with 14 houses and 5 unknown within its bounds.
The most common property type in SO16 5LE is a early-century house built between 1912 and 1935.
The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to SO16 5LE is Millbrook (Hants) station which is 2.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around SO16 5LE, 33.8% of property is privately rented and 31.9% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around SO16 5LE, 9.2% of residents are recorded as possessing school level qualifications and 44.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around SO16 5LE, the average age was 40.3 and the most common age was 32.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around SO16 5LE, 0.7% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around SO16 5LE, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.