According to the public record, 112, Colby Street, Southampton is a modern apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Colby Street, Southampton, SO16 is located within the SO16 postal district.
112, Colby Street, Southampton has no records in the Land Registry database and a single entry in the EPC database dated October 2012.
We combine this information with public data 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 112 Colby Street Southampton as £71,162 and the rental value as £496 per month giving an expected gross yield of 8.4%.
Over the last 12 months the sale value of 112 Colby Street Southampton has increased by £1,793 (2.5%) and its rental value has increased by £23 per month (4.6%).
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 112, Colby Street, Southampton is in very good condition we estimate a sale value of £74,720 and rental value of £521 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £66,181 and a rental value of £461 per month.
If you were able to purchase this property for the estimated value of £71,162, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £350 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 112, Colby Street, Southampton within a radius of 460 metres over the last 2 years.
The most recent example is 107, Colby Street, Southampton, SO16 9RU, a Leasehold flat which sold for £70,000 in Mar 2022.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Colby Street, Southampton, SO16 has a total of 124 addresses. According to our analysis of all the public data, 112, Colby Street, Southampton is the 111th largest and the 123rd most expensive property on the street.
When compared to the postcode district it is £213k less expensive than the average property in SO16.
112, Colby Street, Southampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Oct 2012.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 112, Colby Street, Southampton is Redbridge station which is 1.9 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 112, Colby Street, Southampton, 36.5% of property is privately rented and 34.1% is privately owned with a mortgage.
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 112, Colby Street, Southampton, 17.8% of residents are recorded as possessing school level qualifications and 35.1% 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 112, Colby Street, 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 112, Colby Street, 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 112, Colby Street, Southampton, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.