According to the public record, 238, Foundry Lane, Southampton is a period freehold house with 1,259 ft2 of internal area and sits on a 250 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Foundry Lane, Southampton, SO15 is located within the SO15 postal district.
238, Foundry Lane, Southampton has 41 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated August 2021.
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 238 Foundry Lane Southampton as £362,485 and the rental value as £1,714 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 238 Foundry Lane Southampton has increased by £8,418 (2.3%) and its rental value has increased by £92 per month (5.4%).
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 238, Foundry Lane, Southampton is in very good condition we estimate a sale value of £380,609 and rental value of £1,800 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £337,111 and a rental value of £1,594 per month.
If you were able to purchase this property for the estimated value of £362,485, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,782 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, 238, Foundry Lane, Southampton sits on a plot of 250m2.
We have plot size data on 8 out of 10 other houses in the postcode and 238, Foundry Lane, Southampton sits on the 3rd largest plot.
According to HM Land Registry, 238, Foundry Lane, Southampton was last sold on 13 Oct 2022 for £387,300 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Oct 2022, the market for similar properties has dropped 0.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 238, Foundry Lane, Southampton within a radius of 390 metres over the last 2 years.
The most recent example is 1, Heysham Road, Southampton, SO15 3JL, a Freehold house which sold for £385,000 in Aug 2023.
Read more about house prices in SO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Foundry Lane, Southampton, SO15 has a total of 286 addresses. According to our analysis of all the public data, 238, Foundry Lane, Southampton is the 28th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £102k more expensive than the average property in SO15.
238, Foundry Lane, Southampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Aug 2021.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 238, Foundry Lane, Southampton is Millbrook (Hants) 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 238, Foundry Lane, Southampton, 34.5% of property is privately rented and 31.8% 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 238, Foundry Lane, Southampton, 15.7% of residents are recorded as possessing school level qualifications and 38.2% 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 238, Foundry Lane, Southampton, the average age was 38.5 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 238, Foundry Lane, 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 238, Foundry Lane, Southampton, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.