According to the public record, 14, Wellstead Way, Southampton is a modern leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Wellstead Way, Hedge End, Southampton, SO30 is located in the borough of Eastleigh within the SO30 postal district.
14, Wellstead Way, Southampton has 4 entries in the Land Registry database, most recently in April 2023 and a single entry in the EPC database dated October 2022.
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 14 Wellstead Way Southampton as £174,828 and the rental value as £776 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 14 Wellstead Way Southampton has increased by £3,534 (2.0%) and its rental value has increased by £41 per month (5.3%).
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 14, Wellstead Way, Southampton is in very good condition we estimate a sale value of £183,570 and rental value of £815 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £162,590 and a rental value of £722 per month.
If you were able to purchase this property for the estimated value of £174,828, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £859 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, 14, Wellstead Way, Southampton was last sold on 19 Apr 2023 for £166,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Apr 2023, the market for similar properties has risen 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Wellstead Way, Southampton within a radius of 700 metres over the last 2 years.
The most recent example is 5, Pomeroy Crescent, Southampton, SO30 2LF, a Leasehold flat which sold for £159,000 in Jan 2023.
Read more about house prices in SO30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellstead Way, Hedge End, Southampton, SO30 has a total of 147 addresses. According to our analysis of all the public data, 14, Wellstead Way, Southampton is the 141st largest and the 141st most expensive property on the street.
When compared to the postcode district it is £196k less expensive than the average property in SO30.
14, Wellstead Way, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Oct 2022.
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 14, Wellstead Way, Southampton is Hedge End station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 14, Wellstead Way, Southampton, 54.8% of property is privately owned with a mortgage and 23.0% 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 14, Wellstead Way, Southampton, 23.6% of residents are recorded as possessing school level qualifications and 41.4% 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 14, Wellstead Way, Southampton, the average age was 34.9 and the most common age was 7.
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 14, Wellstead Way, Southampton, 0.5% 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 14, Wellstead Way, Southampton, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.