According to the public record, 13, Mercator Close, Southampton is a modern leasehold house with 688 ft2 of internal area and sits on a 95 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mercator Close, Southampton, SO16 is located within the SO16 postal district.
13, Mercator Close, Southampton has a single entry in the Land Registry database from May 2017 and a single entry in the EPC database dated April 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 13 Mercator Close Southampton as £270,355 and the rental value as £1,389 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 13 Mercator Close Southampton has increased by £7,655 (2.8%) and its rental value has increased by £69 per month (5.0%).
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 13, Mercator Close, Southampton is in very good condition we estimate a sale value of £283,873 and rental value of £1,458 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £251,431 and a rental value of £1,291 per month.
If you were able to purchase this property for the estimated value of £270,355, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,329 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, 13, Mercator Close, Southampton sits on a plot of 95m2.
We have plot size data on 30 out of 30 other houses in the postcode and 13, Mercator Close, Southampton sits on the 17th largest plot.
According to HM Land Registry, 13, Mercator Close, Southampton was last sold on 12 May 2017 for £243,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2017, the market for similar properties has risen 22.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 13, Mercator Close, Southampton within a radius of 440 metres over the last 2 years.
The most recent example is 406, Romsey Road, Southampton, SO16 4HX, a Freehold house which sold for £270,000 in Jul 2023.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mercator Close, Southampton, SO16 has a total of 52 addresses. According to our analysis of all the public data, 13, Mercator Close, Southampton is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £13k less expensive than the average property in SO16.
13, Mercator Close, Southampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Apr 2017.
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 13, Mercator Close, 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 13, Mercator Close, Southampton, 40.3% of property is privately owned with a mortgage and 23.4% 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 13, Mercator Close, Southampton, 14.7% of residents are recorded as possessing school level qualifications and 16.3% 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 13, Mercator 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 13, Mercator 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 13, Mercator Close, Southampton, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.