According to the public record, 1, Colburn Close, Southampton is a mid-century leasehold house with 893 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Colburn Close, Southampton, SO16 is located within the SO16 postal district.
1, Colburn Close, Southampton has 31 entries in the Land Registry database, most recently in April 2016 and a single entry in the EPC database dated May 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Colburn Close Southampton as £198,638 and the rental value as £1,143 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 1 Colburn Close Southampton has increased by £6,148 (3.1%) and its rental value has increased by £60 per month (5.2%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Colburn Close, Southampton is in very good condition we estimate a sale value of £208,570 and rental value of £1,200 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £184,733 and a rental value of £1,063 per month.
If you were able to purchase this property for the estimated value of £198,638, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £976 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1, Colburn Close, Southampton was last sold on 18 Apr 2016 for £175,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since Apr 2016, the market for similar properties has risen 28.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Colburn Close, Southampton within a radius of 650 metres over the last 2 years.
The most recent example is 13, Colburn Close, Southampton, SO16 9LH, a Freehold house which sold for £190,000 in Feb 2024.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Colburn Close, Southampton, SO16 has a total of 25 addresses. According to our analysis of all the public data, 1, Colburn Close, Southampton is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £85k less expensive than the average property in SO16.
1, Colburn Close, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 May 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Colburn Close, Southampton is Redbridge station which is 1.5 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 1, Colburn Close, Southampton, 28.4% of property is privately owned with a mortgage and 25.5% is privately rented.
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 1, Colburn Close, Southampton, 21.9% of residents are recorded as possessing school level qualifications and 22.1% 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 1, Colburn Close, Southampton, the average age was 37.9 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 1, Colburn Close, Southampton, 0.0% 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 1, Colburn Close, Southampton, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.