According to the public record, 18, Spear Road, Southampton is a modern freehold house with 1,203 ft2 of internal area and sits on a 319 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Spear Road, Southampton, SO14 is located within the SO14 postal district.
18, Spear Road, Southampton has a single entry in the Land Registry database from July 2016 and a single entry in the EPC database dated August 2010.
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 18 Spear Road Southampton as £268,512 and the rental value as £1,356 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 18 Spear Road Southampton has increased by £5,291 (2.0%) and its rental value has increased by £67 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 18, Spear Road, Southampton is in very good condition we estimate a sale value of £281,937 and rental value of £1,423 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £249,716 and a rental value of £1,261 per month.
If you were able to purchase this property for the estimated value of £268,512, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,320 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, 18, Spear Road, Southampton sits on a plot of 319m2.
We have plot size data on 12 out of 13 other houses in the postcode and 18, Spear Road, Southampton sits on the 3rd largest plot.
According to HM Land Registry, 18, Spear Road, Southampton was last sold on 27 Jul 2016 for £180,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2016, the market for similar properties has risen 17.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Spear Road, Southampton within a radius of 370 metres over the last 2 years.
The most recent example is 4, Ancasta Road, Southampton, SO14 6SB, a Freehold house which sold for £265,000 in May 2023.
Read more about house prices in SO14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spear Road, Southampton, SO14 has a total of 51 addresses. According to our analysis of all the public data, 18, Spear Road, Southampton is the 18th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £60k more expensive than the average property in SO14.
18, Spear Road, Southampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Aug 2010.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 18, Spear Road, Southampton is St Denys station which is 600 metres 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 18, Spear Road, Southampton, 78.9% of property is privately rented and 7.5% 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 18, Spear Road, Southampton, 51.5% of residents are recorded as possessing school level qualifications and 26.1% 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 18, Spear Road, Southampton, the average age was 32 and the most common age was 22.
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 18, Spear Road, Southampton, 0.5% 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 18, Spear Road, Southampton, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.