According to the public record, 196, Oakley Road, Southampton is a mid-century freehold house with 947 ft2 of internal area and sits on a 448 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Oakley Road, Southampton, SO16 is located within the SO16 postal district.
196, Oakley Road, Southampton has a single entry in the Land Registry database from February 2018 and a single entry in the EPC database dated November 2017.
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 196 Oakley Road Southampton as £232,879 and the rental value as £1,322 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 196 Oakley Road Southampton has increased by £7,245 (3.1%) and its rental value has increased by £73 per month (5.6%).
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 196, Oakley Road, Southampton is in very good condition we estimate a sale value of £244,523 and rental value of £1,388 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £216,578 and a rental value of £1,230 per month.
If you were able to purchase this property for the estimated value of £232,879, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,145 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, 196, Oakley Road, Southampton sits on a plot of 448m2.
We have plot size data on 5 out of 8 other houses in the postcode and 196, Oakley Road, Southampton sits on the largest plot.
According to HM Land Registry, 196, Oakley Road, Southampton was last sold on 27 Feb 2018 for £225,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2018, the market for similar properties has risen 18.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 196, Oakley Road, Southampton within a radius of 520 metres over the last 2 years.
The most recent example is 177, Wimpson Lane, Southampton, SO16 4PZ, a Freehold house which sold for £205,000 in Sep 2023.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakley Road, Southampton, SO16 has a total of 338 addresses. According to our analysis of all the public data, 196, Oakley Road, Southampton is the 102nd largest and the 140th most expensive property on the street.
When compared to the postcode district it is £51k less expensive than the average property in SO16.
196, Oakley Road, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Nov 2017.
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 196, Oakley Road, Southampton is Redbridge station which is 1.3 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 196, Oakley Road, Southampton, 41.8% of property is privately owned with a mortgage and 39.3% 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 196, Oakley Road, Southampton, 21.0% of residents are recorded as possessing school level qualifications and 22.5% 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 196, Oakley Road, Southampton, the average age was 36.9 and the most common age was 42.
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 196, Oakley Road, 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 196, Oakley Road, Southampton, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.