According to the public record, 167, Wavell Road, Southampton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 524 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Wavell Road, Southampton, SO18 is located within the SO18 postal district.
167, Wavell Road, Southampton has a single entry in the Land Registry database from August 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 167 Wavell Road Southampton as £116,219 and the rental value as £814 per month giving an expected gross yield of 8.4%.
Over the last 12 months the sale value of 167 Wavell Road Southampton has increased by £3,024 (2.6%) and its rental value has increased by £57 per month (7.0%).
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 167, Wavell Road, Southampton is in very good condition we estimate a sale value of £122,030 and rental value of £855 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £108,084 and a rental value of £757 per month.
If you were able to purchase this property for the estimated value of £116,219, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £571 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, 167, Wavell Road, Southampton was last sold on 29 Aug 2018 for £125,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2018, the market for similar properties has risen 13.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 167, Wavell Road, Southampton within a radius of 480 metres over the last 2 years.
The most recent example is 14, Wavell Road, Southampton, SO18 4SA, a Leasehold flat which sold for £147,000 in Sep 2023.
Read more about house prices in SO18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wavell Road, Southampton, SO18 has a total of 152 addresses. According to our analysis of all the public data, 167, Wavell Road, Southampton is the 97th largest and the 109th most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in SO18.
The closest station to 167, Wavell Road, Southampton is Bitterne station which is 1.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 167, Wavell Road, Southampton, 69.8% of property is socially rented and 17.7% is privately rented.
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 167, Wavell Road, Southampton, 26.6% of residents are recorded as possessing school level qualifications and 14.2% 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 167, Wavell Road, Southampton, the average age was 40 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 167, Wavell Road, Southampton, 0.4% 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 167, Wavell Road, Southampton, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.