According to the public record, 15, Mercator Close, Southampton is a modern house with 818 ft2 of internal area and sits on a 106 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.
15, Mercator Close, Southampton has no records in the Land Registry database and a single entry in the EPC database dated May 2017.
We combine this information with public data 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 Mercator Close Southampton as £294,324 and the rental value as £1,466 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 15 Mercator Close Southampton has increased by £8,334 (2.8%) and its rental value has increased by £73 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 15, Mercator Close, Southampton is in very good condition we estimate a sale value of £309,040 and rental value of £1,539 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £273,721 and a rental value of £1,363 per month.
If you were able to purchase this property for the estimated value of £294,324, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,447 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, 15, Mercator Close, Southampton sits on a plot of 106m2.
We have plot size data on 30 out of 30 other houses in the postcode and 15, Mercator Close, Southampton sits on the 8th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Mercator Close, Southampton within a radius of 440 metres over the last 2 years.
The most recent example is 402, Romsey Road, Southampton, SO16 4HX, a Freehold house which sold for £315,000 in Jan 2024.
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, 15, Mercator Close, Southampton is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in SO16.
15, Mercator Close, Southampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 31 May 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 15, 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 15, 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 15, 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 15, 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 15, 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 15, 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.