According to the public record, 2, Sopwith Road, Eastleigh is a modern leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Sopwith Road, Eastleigh, SO50 is located in the borough of Eastleigh within the SO50 postal district.
2, Sopwith Road, Eastleigh has 2 entries in the Land Registry database, most recently in August 2021 and a single entry in the EPC database dated June 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 2 Sopwith Road Eastleigh as £185,957 and the rental value as £1,102 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 2 Sopwith Road Eastleigh has increased by £4,771 (2.6%) and its rental value has increased by £62 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, Sopwith Road, Eastleigh is in very good condition we estimate a sale value of £195,255 and rental value of £1,157 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £172,940 and a rental value of £1,025 per month.
If you were able to purchase this property for the estimated value of £185,957, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £914 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, Sopwith Road, Eastleigh was last sold on 20 Aug 2021 for £170,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2021, the market for similar properties has risen 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Sopwith Road, Eastleigh within a radius of 400 metres over the last 2 years.
The most recent example is 46, Benny Hill Close, Eastleigh, SO50 5GG, a Leasehold flat which sold for £194,000 in Oct 2022.
Read more about house prices in SO50.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sopwith Road, Eastleigh, SO50 has a total of 85 addresses. According to our analysis of all the public data, 2, Sopwith Road, Eastleigh is the 31st largest and the 19th most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in SO50.
2, Sopwith Road, Eastleigh has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jun 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 2, Sopwith Road, Eastleigh is Eastleigh station which is 800 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, Sopwith Road, Eastleigh, 48.5% of property is privately rented and 26.3% 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, Sopwith Road, Eastleigh, 20.6% of residents are recorded as possessing school level qualifications and 45.7% 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, Sopwith Road, 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, Sopwith Road, Eastleigh, 0.5% 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, Sopwith Road, Eastleigh, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.