According to the public record, 23, Thorndike Road, Southampton is a leasehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,074 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Thorndike Road, Southampton, SO16 is located within the SO16 postal district.
23, Thorndike Road, Southampton has 2 entries in the Land Registry database, most recently in July 2018 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 23 Thorndike Road Southampton as £283,507 and the rental value as £1,541 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 23 Thorndike Road Southampton has increased by £8,632 (3.0%) and its rental value has increased by £79 per month (5.1%).
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 23, Thorndike Road, Southampton is in very good condition we estimate a sale value of £297,682 and rental value of £1,618 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £263,661 and a rental value of £1,433 per month.
If you were able to purchase this property for the estimated value of £283,507, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,393 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, 23, Thorndike Road, Southampton was last sold on 17 Jul 2018 for £233,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Jul 2018, the market for similar properties has risen 19.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Thorndike Road, Southampton within a radius of 430 metres over the last 2 years.
The most recent example is 32, Coxford Road, Southampton, SO16 5FJ, a Leasehold house which sold for £216,000 in Apr 2023.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thorndike Road, Southampton, SO16 has a total of 33 addresses. According to our analysis of all the public data, 23, Thorndike Road, Southampton is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £279 less expensive than the average property in SO16.
The closest station to 23, Thorndike Road, Southampton is Redbridge station which is 2.1 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 23, Thorndike Road, Southampton, 43.4% of property is privately owned with a mortgage and 28.7% 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 23, Thorndike Road, Southampton, 20.1% of residents are recorded as possessing school level qualifications and 35.4% 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 23, Thorndike Road, Southampton, the average age was 36.4 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 23, Thorndike Road, Southampton, 0.7% 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 23, Thorndike Road, Southampton, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.