According to the public record, 201, Locks Road, Southampton is a mid-century freehold house with 925 ft2 of internal area and sits on a 496 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Locks Road, Locks Heath, Southampton, SO31 is located in the borough of Fareham within the SO31 postal district.
201, Locks Road, Southampton has 2 entries in the Land Registry database, most recently in July 2020 and a single entry in the EPC database dated May 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 reasonable condition, we estimate the current sale value for 201 Locks Road Southampton as £393,785 and the rental value as £1,850 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 201 Locks Road Southampton has increased by £15,041 (3.8%) and its rental value has increased by £139 per month (7.5%).
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 201, Locks Road, Southampton is in very good condition we estimate a sale value of £413,474 and rental value of £1,942 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £366,220 and a rental value of £1,720 per month.
If you were able to purchase this property for the estimated value of £393,785, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,935 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, 201, Locks Road, Southampton sits on a plot of 496m2.
We have plot size data on 11 out of 23 other houses in the postcode and 201, Locks Road, Southampton sits on the 5th largest plot.
According to HM Land Registry, 201, Locks Road, Southampton was last sold on 24 Jul 2020 for £367,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2020, the market for similar properties has risen 18.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 201, Locks Road, Southampton within a radius of 540 metres over the last 2 years.
The most recent example is 37, Laurel Road, Southampton, SO31 6QG, a Freehold house which sold for £350,000 in Sep 2021.
Read more about house prices in SO31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Locks Road, Locks Heath, Southampton, SO31 has a total of 261 addresses. According to our analysis of all the public data, 201, Locks Road, Southampton is the 184th largest and the 169th most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in SO31.
201, Locks Road, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 May 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 201, Locks Road, Southampton is Swanwick station which is 700 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 201, Locks Road, Southampton, 48.8% of property is privately owned with a mortgage and 45.7% 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 201, Locks Road, Southampton, 18.1% of residents are recorded as possessing school level qualifications and 31.4% 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 201, Locks Road, Southampton, the average age was 42.6 and the most common age was 57.
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 201, Locks Road, Southampton, 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 201, Locks Road, Southampton, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.