According to the public record, 1, The Parkway, Southampton is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,208 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
The Parkway, Southampton, SO16 is located within the SO16 postal district.
1, The Parkway, Southampton has a single entry in the Land Registry database from January 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 The Parkway Southampton as £394,390 and the rental value as £1,491 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 1 The Parkway Southampton has increased by £2,979 (0.8%) and its rental value has increased by £55 per month (3.7%).
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, The Parkway, Southampton is in very good condition we estimate a sale value of £414,109 and rental value of £1,565 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £366,783 and a rental value of £1,386 per month.
If you were able to purchase this property for the estimated value of £394,390, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,938 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, The Parkway, Southampton was last sold on 25 Jan 2008 for £233,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2008, the market for similar properties has risen 46.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, The Parkway, Southampton within a radius of 400 metres over the last 2 years.
The most recent example is 20, Copperfield Road, Southampton, SO16 3NX, a Freehold house which sold for £347,500 in Jun 2023.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Parkway, Southampton, SO16 has a total of 108 addresses. According to our analysis of all the public data, 1, The Parkway, Southampton is the 27th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £111k more expensive than the average property in SO16.
The closest station to 1, The Parkway, Southampton is Swaythling 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, The Parkway, Southampton, 39.5% of property is privately owned outright and 30.7% 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, The Parkway, Southampton, 20.1% of residents are recorded as possessing school level qualifications and 58.3% 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 1, The Parkway, 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, The Parkway, Southampton, 1.1% 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, The Parkway, Southampton, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.