According to the public record, 178, Oakwood Drive, Southampton is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 855 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Oakwood Drive, Southampton, SO16 is located within the SO16 postal district.
178, Oakwood Drive, Southampton has 41 entries in the Land Registry database, most recently in March 2013 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 178 Oakwood Drive Southampton as £282,494 and the rental value as £1,490 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 178 Oakwood Drive Southampton has increased by £7,654 (2.7%) and its rental value has increased by £71 per month (4.8%).
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 178, Oakwood Drive, Southampton is in very good condition we estimate a sale value of £296,619 and rental value of £1,564 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £262,720 and a rental value of £1,385 per month.
If you were able to purchase this property for the estimated value of £282,494, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,388 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, 178, Oakwood Drive, Southampton was last sold on 28 Mar 2013 for £160,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Mar 2013, the market for similar properties has risen 62.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 178, Oakwood Drive, Southampton within a radius of 740 metres over the last 2 years.
The most recent example is 124, Oakwood Drive, Southampton, SO16 8EP, a Freehold house which sold for £285,000 in Oct 2023.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakwood Drive, Southampton, SO16 has a total of 248 addresses. According to our analysis of all the public data, 178, Oakwood Drive, Southampton is the 83rd largest and the 108th most expensive property on the street.
When compared to the postcode district it is £1k less expensive than the average property in SO16.
The closest station to 178, Oakwood Drive, Southampton is Swaythling station which is 3.6 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 178, Oakwood Drive, Southampton, 43.0% of property is privately owned with a mortgage and 41.6% 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 178, Oakwood Drive, Southampton, 18.8% of residents are recorded as possessing school level qualifications and 28.9% 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 178, Oakwood Drive, Southampton, the average age was 40.3 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 178, Oakwood Drive, Southampton, 1.4% 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 178, Oakwood Drive, Southampton, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.