According to the public record, 178, Somerset Avenue, Southampton is a mid-century freehold house with 904 ft2 of internal area and sits on a 225 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Somerset Avenue, Southampton, SO18 is located within the SO18 postal district.
178, Somerset Avenue, Southampton has 31 entries in the Land Registry database, most recently in December 2022 and a single entry in the EPC database dated November 2016.
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 178 Somerset Avenue Southampton as £264,875 and the rental value as £1,489 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 178 Somerset Avenue Southampton has increased by £7,723 (2.9%) and its rental value has increased by £106 per month (7.1%).
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, Somerset Avenue, Southampton is in very good condition we estimate a sale value of £278,119 and rental value of £1,564 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,334 and a rental value of £1,385 per month.
If you were able to purchase this property for the estimated value of £264,875, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,302 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, 178, Somerset Avenue, Southampton sits on a plot of 225m2.
We have plot size data on 23 out of 41 other houses in the postcode and 178, Somerset Avenue, Southampton sits on the 20th largest plot.
According to HM Land Registry, 178, Somerset Avenue, Southampton was last sold on 15 Dec 2022 for £305,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2022, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 178, Somerset Avenue, Southampton within a radius of 590 metres over the last 2 years.
The most recent example is 132, Somerset Avenue, Southampton, SO18 5FT, a Freehold house which sold for £270,000 in Oct 2022.
Read more about house prices in SO18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somerset Avenue, Southampton, SO18 has a total of 120 addresses. According to our analysis of all the public data, 178, Somerset Avenue, Southampton is the 70th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £608 less expensive than the average property in SO18.
178, Somerset Avenue, Southampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Nov 2016.
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 178, Somerset Avenue, Southampton is Bitterne station which is 2.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 178, Somerset Avenue, Southampton, 42.2% of property is privately owned with a mortgage and 27.3% is socially 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 178, Somerset Avenue, Southampton, 23.2% of residents are recorded as possessing school level qualifications and 13.9% 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, Somerset Avenue, Southampton, the average age was 41.2 and the most common age was 37.
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, Somerset Avenue, Southampton, 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 178, Somerset Avenue, 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.