According to the public record, 2, Almatade Road, Southampton is a mid-century leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Almatade Road, Southampton, SO18 is located within the SO18 postal district.
2, Almatade Road, Southampton has 31 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated August 2013.
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 2 Almatade Road Southampton as £208,058 and the rental value as £987 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 2 Almatade Road Southampton has increased by £5,650 (2.7%) and its rental value has increased by £69 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 2, Almatade Road, Southampton is in very good condition we estimate a sale value of £218,461 and rental value of £1,037 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £193,494 and a rental value of £918 per month.
If you were able to purchase this property for the estimated value of £208,058, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,023 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, 2, Almatade Road, Southampton was last sold on 18 Feb 2022 for £202,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2022, the market for similar properties has risen 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Almatade Road, Southampton within a radius of 490 metres over the last 2 years.
The most recent example is 9, Apollo Place, Southampton, SO18 6SL, a Leasehold flat which sold for £212,500 in Oct 2023.
Read more about house prices in SO18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Almatade Road, Southampton, SO18 has a total of 23 addresses. According to our analysis of all the public data, 2, Almatade Road, Southampton is the 18th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £57k less expensive than the average property in SO18.
2, Almatade Road, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Aug 2013.
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 2, Almatade Road, Southampton is Bitterne station which is 1.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Almatade Road, Southampton, 53.9% of property is privately owned outright and 31.3% is privately owned with a mortgage.
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 2, Almatade Road, Southampton, 8.1% of residents are recorded as possessing school level qualifications and 24.1% 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 2, Almatade 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 2, Almatade 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 2, Almatade Road, 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.