According to the public record, 15, Chatfield House 428, Eastleigh is a modern leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Chatfield House, Southampton Road, Eastleigh, SO50.
Southampton Road, Eastleigh, SO50 is located in the borough of Eastleigh within the SO50 postal district.
15, Chatfield House 428, Eastleigh has 2 entries in the Land Registry database, most recently in December 2022 and a single entry in the EPC database dated September 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 15 Chatfield House 428 Eastleigh as £185,384 and the rental value as £1,057 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 15 Chatfield House 428 Eastleigh has increased by £4,732 (2.6%) and its rental value has increased by £60 per month (5.6%).
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 15, Chatfield House 428, Eastleigh is in very good condition we estimate a sale value of £194,653 and rental value of £1,109 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £172,407 and a rental value of £983 per month.
If you were able to purchase this property for the estimated value of £185,384, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £911 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, 15, Chatfield House 428, Eastleigh was last sold on 16 Dec 2022 for £195,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2022, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Chatfield House 428, Eastleigh within a radius of 770 metres over the last 2 years.
The most recent example is 22, Chatfield House 428, Southampton Road, Eastleigh, SO50 5QJ, a Leasehold flat which sold for £180,000 in Mar 2022.
Read more about house prices in SO50.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southampton Road, Eastleigh, SO50 has a total of 321 addresses. According to our analysis of all the public data, 15, Chatfield House 428, Eastleigh is the 188th largest and the 157th most expensive property on the street.
When compared to the postcode district it is £150k less expensive than the average property in SO50.
15, Chatfield House 428, Eastleigh has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Sep 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 15, Chatfield House 428, Eastleigh is Southampton Airport Parkway station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 15, Chatfield House 428, Eastleigh, 38.3% of property is privately rented and 26.5% 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 15, Chatfield House 428, Eastleigh, 13.1% of residents are recorded as possessing school level qualifications and 32.6% 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 15, Chatfield House 428, Eastleigh, the average age was 37.8 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 15, Chatfield House 428, Eastleigh, 0.3% 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 15, Chatfield House 428, Eastleigh, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.