According to the public record, 137, Monks Way, Eastleigh is a mid-century freehold house with 1,140 ft2 of internal area and sits on a 206 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Monks Way, Eastleigh, SO50 is located in the borough of Eastleigh within the SO50 postal district.
137, Monks Way, Eastleigh has 2 entries in the Land Registry database, most recently in August 2023 and a single entry in the EPC database dated February 2023.
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 137 Monks Way Eastleigh as £318,485 and the rental value as £1,724 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 137 Monks Way Eastleigh has increased by £5,408 (1.7%) and its rental value has increased by £81 per month (4.7%).
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 137, Monks Way, Eastleigh is in very good condition we estimate a sale value of £334,410 and rental value of £1,810 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £296,191 and a rental value of £1,603 per month.
If you were able to purchase this property for the estimated value of £318,485, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,565 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, 137, Monks Way, Eastleigh sits on a plot of 206m2.
We have plot size data on 27 out of 42 other houses in the postcode and 137, Monks Way, Eastleigh sits on the 23rd largest plot.
According to HM Land Registry, 137, Monks Way, Eastleigh was last sold on 22 Aug 2023 for £330,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2023, the market for similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 137, Monks Way, Eastleigh within a radius of 650 metres over the last 2 years.
The most recent example is 92, Monks Way, Eastleigh, SO50 5BJ, a Freehold house which sold for £270,000 in Oct 2023.
Read more about house prices in SO50.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monks Way, Eastleigh, SO50 has a total of 142 addresses. According to our analysis of all the public data, 137, Monks Way, Eastleigh is the 13th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £16k less expensive than the average property in SO50.
137, Monks Way, Eastleigh has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Feb 2023.
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 137, Monks Way, Eastleigh is Southampton Airport Parkway station which is 1.0 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 137, Monks Way, Eastleigh, 40.9% of property is privately owned outright and 33.0% 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 137, Monks Way, Eastleigh, 14.8% of residents are recorded as possessing school level qualifications and 21.7% 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 137, Monks Way, Eastleigh, the average age was 36.3 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 137, Monks Way, Eastleigh, 0.7% 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 137, Monks Way, Eastleigh, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.