According to the public record, 121, Monks Way, Southampton is a mid-century freehold house with 430 ft2 of internal area and sits on a 403 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Monks Way, Southampton, SO18 is located within the SO18 postal district.
121, Monks Way, Southampton has 2 entries in the Land Registry database, most recently in November 2023 and a single entry in the EPC database dated March 2018.
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 121 Monks Way Southampton as £217,479 and the rental value as £1,048 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 121 Monks Way Southampton has increased by £7,875 (3.6%) and its rental value has increased by £76 per month (7.2%).
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 121, Monks Way, Southampton is in very good condition we estimate a sale value of £228,353 and rental value of £1,100 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £202,256 and a rental value of £975 per month.
If you were able to purchase this property for the estimated value of £217,479, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,069 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 data from HM Land Registry, 121, Monks Way, Southampton sits on a plot of 403m2.
We have plot size data on 32 out of 33 other houses in the postcode and 121, Monks Way, Southampton sits on the 3rd largest plot.
According to HM Land Registry, 121, Monks Way, Southampton was last sold on 24 Nov 2023 for £252,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2023, the market for similar properties has risen 3.1%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 121, Monks Way, Southampton within a radius of 630 metres over the last 2 years.
The most recent example is 115, Monks Way, Southampton, SO18 2LS, a Freehold house which sold for £120,000 in Mar 2011.
Read more about house prices in SO18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monks Way, Southampton, SO18 has a total of 186 addresses. According to our analysis of all the public data, 121, Monks Way, Southampton is the 149th largest and the 109th most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in SO18.
121, Monks Way, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Mar 2018.
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 121, Monks Way, Southampton is Swaythling station which is 500 metres 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 121, Monks Way, Southampton, 77.2% of property is socially rented and 9.8% 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 121, Monks Way, Southampton, 21.4% of residents are recorded as possessing school level qualifications and 13.0% 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 121, Monks Way, Southampton, the average age was 35.7 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 121, Monks Way, 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 121, Monks Way, Southampton, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.