According to the public record, 2, Shanklin Road, Southampton is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 498 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Shanklin Road, Southampton, SO15 is located within the SO15 postal district.
2, Shanklin Road, Southampton has 2 entries in the Land Registry database, most recently in August 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Shanklin Road Southampton as £290,219 and the rental value as £1,138 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 2 Shanklin Road Southampton has increased by £10,022 (3.5%) and its rental value has increased by £69 per month (6.1%).
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, Shanklin Road, Southampton is in very good condition we estimate a sale value of £304,730 and rental value of £1,195 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £269,904 and a rental value of £1,058 per month.
If you were able to purchase this property for the estimated value of £290,219, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,426 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, Shanklin Road, Southampton was last sold on 11 Aug 2021 for £150,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2021, the market for similar properties has risen 8.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 620 metres radius of 2, Shanklin Road, Southampton over the last 2 years.
The most recent example is 20, Shanklin Road, Southampton, SO15 7RE, a Freehold house which sold for £395,000 in Nov 2018.
Read more about house prices in SO15.
Shanklin Road, Southampton, SO15 has a total of 64 addresses. According to our analysis of all the public data, 2, Shanklin Road, Southampton is the 64th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £30k more expensive than the average property in SO15.
The closest station to 2, Shanklin Road, Southampton is Millbrook (Hants) station which is 2.2 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 2, Shanklin Road, Southampton, 44.8% of property is privately owned outright and 38.4% 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, Shanklin Road, Southampton, 18.8% of residents are recorded as possessing school level qualifications and 48.1% 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, Shanklin Road, Southampton, the average age was 40.6 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 2, Shanklin Road, Southampton, 2.2% 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, Shanklin Road, Southampton, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.