According to the public record, 2, Moreno Way, Eastleigh is a modern freehold house with 1,001 ft2 of internal area and sits on a 290 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Moreno Way, Eastleigh, SO50 is located in the borough of Eastleigh within the SO50 postal district.
2, Moreno Way, Eastleigh has a single entry in the Land Registry database from September 2020 and a single entry in the EPC database dated January 2020.
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 good condition, we estimate the current sale value for 2 Moreno Way Eastleigh as £423,976 and the rental value as £1,854 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 2 Moreno Way Eastleigh has increased by £10,908 (2.6%) and its rental value has increased by £103 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 2, Moreno Way, Eastleigh is in very good condition we estimate a sale value of £445,175 and rental value of £1,947 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £394,298 and a rental value of £1,725 per month.
If you were able to purchase this property for the estimated value of £423,976, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,084 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, Moreno Way, Eastleigh sits on a plot of 290m2.
We have plot size data on 19 out of 19 other houses in the postcode and 2, Moreno Way, Eastleigh sits on the 4th largest plot.
According to HM Land Registry, 2, Moreno Way, Eastleigh was last sold on 14 Sep 2020 for £375,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2020, the market for similar properties has risen 13.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Moreno Way, Eastleigh within a radius of 930 metres over the last 2 years.
The most recent example is 1, Moreno Way, Eastleigh, SO50 9RX, a Freehold house which sold for £415,000 in Nov 2022.
Read more about house prices in SO50.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Moreno Way, Eastleigh, SO50 has a total of 19 addresses. According to our analysis of all the public data, 2, Moreno Way, Eastleigh is the 16th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £89k more expensive than the average property in SO50.
2, Moreno Way, Eastleigh has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Jan 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 2, Moreno Way, Eastleigh is Southampton Airport Parkway station which is 1.8 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Moreno Way, Eastleigh, 63.0% of property is socially rented and 21.3% 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, Moreno Way, Eastleigh, 35.1% of residents are recorded as possessing school level qualifications and 30.3% 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, Moreno Way, Eastleigh, the average age was 36.3 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, Moreno Way, Eastleigh, 0.6% 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, Moreno Way, Eastleigh, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.