According to the public record, 2, Merrieleas Close, Eastleigh is a mid-century freehold house with 870 ft2 of internal area and sits on a 383 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Merrieleas Close, Chandler's Ford, Eastleigh, SO53 is located in the borough of Eastleigh within the SO53 postal district.
2, Merrieleas Close, Eastleigh has 21 entries in the Land Registry database, most recently in May 2012 and a single entry in the EPC database dated October 2011.
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 Merrieleas Close Eastleigh as £420,599 and the rental value as £1,579 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 2 Merrieleas Close Eastleigh has increased by £11,770 (2.8%) and its rental value has increased by £74 per month (4.7%).
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, Merrieleas Close, Eastleigh is in very good condition we estimate a sale value of £441,628 and rental value of £1,658 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £391,157 and a rental value of £1,469 per month.
If you were able to purchase this property for the estimated value of £420,599, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,067 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, 2, Merrieleas Close, Eastleigh sits on a plot of 383m2.
We have plot size data on 17 out of 22 other houses in the postcode and 2, Merrieleas Close, Eastleigh sits on the 11th largest plot.
According to HM Land Registry, 2, Merrieleas Close, Eastleigh was last sold on 04 May 2012 for £280,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2012, the market for similar properties has risen 69.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Merrieleas Close, Eastleigh within a radius of 620 metres over the last 2 years.
The most recent example is 9, Merrieleas Close, Eastleigh, SO53 2FP, a Freehold house which sold for £392,000 in Aug 2023.
Read more about house prices in SO53.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merrieleas Close, Chandler's Ford, Eastleigh, SO53 has a total of 22 addresses. According to our analysis of all the public data, 2, Merrieleas Close, Eastleigh is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in SO53.
2, Merrieleas Close, Eastleigh has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Oct 2011.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 2, Merrieleas Close, Eastleigh is Chandlers Ford 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 2, Merrieleas Close, Eastleigh, 52.9% of property is privately owned outright and 39.7% 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, Merrieleas Close, Eastleigh, 16.1% of residents are recorded as possessing school level qualifications and 40.6% 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, Merrieleas Close, Eastleigh, the average age was 45.9 and the most common age was 72.
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, Merrieleas Close, Eastleigh, 1.1% 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, Merrieleas Close, Eastleigh, 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.