According to the public record, 2, Thorness Close, Southampton is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 882 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Thorness Close, Southampton, SO16 is located within the SO16 postal district.
2, Thorness Close, Southampton has 41 entries in the Land Registry database, most recently in November 2006 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 Thorness Close Southampton as £230,672 and the rental value as £1,338 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 2 Thorness Close Southampton has increased by £7,481 (3.2%) and its rental value has increased by £73 per month (5.5%).
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, Thorness Close, Southampton is in very good condition we estimate a sale value of £242,205 and rental value of £1,405 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £214,525 and a rental value of £1,244 per month.
If you were able to purchase this property for the estimated value of £230,672, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,134 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, Thorness Close, Southampton was last sold on 03 Nov 2006 for £134,950 and was recorded as a freehold house.
The property has had 4 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Thorness Close, Southampton within a radius of 680 metres over the last 2 years.
The most recent example is 58, Porlock Road, Southampton, SO16 9JD, a Freehold house which sold for £280,000 in May 2024.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thorness Close, Southampton, SO16 has a total of 16 addresses. According to our analysis of all the public data, 2, Thorness Close, Southampton is the 4th largest and the most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in SO16.
The closest station to 2, Thorness Close, Southampton is Redbridge station which is 1.0 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, Thorness Close, Southampton, 43.1% of property is socially rented and 24.8% is privately owned outright.
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, Thorness Close, Southampton, 12.4% of residents are recorded as possessing school level qualifications and 13.2% 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, Thorness Close, Southampton, the average age was 35.9 and the most common age was 12.
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, Thorness Close, 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, Thorness Close, Southampton, 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.