According to the public record, 16, Malin Close, Southampton is a mid-century apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Malin Close, Southampton, SO16 is located within the SO16 postal district.
16, Malin Close, Southampton has no records in the Land Registry database and a single entry in the EPC database dated June 2022.
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 16 Malin Close Southampton as £130,186 and the rental value as £926 per month giving an expected gross yield of 8.5%.
Over the last 12 months the sale value of 16 Malin Close Southampton has increased by £3,110 (2.4%) and its rental value has increased by £41 per month (4.4%).
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 16, Malin Close, Southampton is in very good condition we estimate a sale value of £136,695 and rental value of £972 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £121,073 and a rental value of £861 per month.
If you were able to purchase this property for the estimated value of £130,186, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £640 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 the Land Registry and our network of Estate Agents, there have been 3 property sales within a 580 metres radius of 16, Malin Close, Southampton over the last 2 years.
The most recent example is 20, Fairisle Road, Southampton, SO16 8BY, a Freehold house which sold for £210,000 in Sep 2017.
Read more about house prices in SO16.
Malin Close, Southampton, SO16 has a total of 58 addresses. According to our analysis of all the public data, 16, Malin Close, Southampton is the 39th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £154k less expensive than the average property in SO16.
16, Malin Close, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jun 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters, Electric storage heaters.
The closest station to 16, Malin Close, Southampton is Redbridge station which is 2.5 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 16, Malin Close, Southampton, 35.9% of property is socially rented and 27.3% 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 16, Malin Close, Southampton, 14.0% of residents are recorded as possessing school level qualifications and 15.8% 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 16, Malin Close, Southampton, the average age was 41.5 and the most common age was 47.
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 16, Malin 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 16, Malin Close, Southampton, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.