According to the public record, 1, Newitt Place, Southampton is a modern leasehold apartment with 1,550 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Newitt Place, Southampton, SO16 is located within the SO16 postal district.
1, Newitt Place, Southampton has 31 entries in the Land Registry database, most recently in April 2018 and a single entry in the EPC database dated November 2017.
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 Newitt Place Southampton as £356,959 and the rental value as £1,566 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 1 Newitt Place Southampton has increased by £9,155 (2.6%) and its rental value has increased by £83 per month (5.3%).
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, Newitt Place, Southampton is in very good condition we estimate a sale value of £374,807 and rental value of £1,644 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £331,972 and a rental value of £1,456 per month.
If you were able to purchase this property for the estimated value of £356,959, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,754 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, Newitt Place, Southampton was last sold on 16 Apr 2018 for £310,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2018, the market for similar properties has risen 12.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Newitt Place, Southampton within a radius of 610 metres over the last 2 years.
The most recent example is 8, Newitt Place, Southampton, SO16 7FA, a Leasehold flat which sold for £320,000 in Apr 2024.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newitt Place, Southampton, SO16 has a total of 45 addresses. According to our analysis of all the public data, 1, Newitt Place, Southampton is the 9th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £73k more expensive than the average property in SO16.
1, Newitt Place, Southampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Nov 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to 1, Newitt Place, Southampton is Swaythling station which is 2.2 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, Newitt Place, Southampton, 47.3% of property is privately owned with a mortgage and 40.7% 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 1, Newitt Place, Southampton, 20.3% of residents are recorded as possessing school level qualifications and 57.8% 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, Newitt Place, Southampton, the average age was 36.1 and the most common age was 17.
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, Newitt Place, Southampton, 1.4% 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, Newitt Place, Southampton, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.