According to the public record, 24, Elgin Road, Southampton is a period leasehold house with 678 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Elgin Road, Southampton, SO15 is located within the SO15 postal district.
24, Elgin Road, Southampton has 61 entries in the Land Registry database, most recently in May 2022 and a single entry in the EPC database dated January 2022.
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 24 Elgin Road Southampton as £221,088 and the rental value as £1,280 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 24 Elgin Road Southampton has increased by £7,860 (3.6%) and its rental value has increased by £85 per month (6.6%).
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 24, Elgin Road, Southampton is in very good condition we estimate a sale value of £232,143 and rental value of £1,344 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £205,612 and a rental value of £1,190 per month.
If you were able to purchase this property for the estimated value of £221,088, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,087 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, 24, Elgin Road, Southampton was last sold on 20 May 2022 for £245,000 and was recorded as a leasehold house.
The property has had 6 sales since 1995.
Since May 2022, the market for similar properties has risen 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Elgin Road, Southampton within a radius of 470 metres over the last 2 years.
The most recent example is 1, Norman Road, Southampton, SO15 1JL, a Freehold house which sold for £227,500 in Jul 2024.
Read more about house prices in SO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elgin Road, Southampton, SO15 has a total of 37 addresses. According to our analysis of all the public data, 24, Elgin Road, Southampton is the 20th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £39k less expensive than the average property in SO15.
24, Elgin Road, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jan 2022.
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 24, Elgin Road, Southampton is Millbrook (Hants) station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 24, Elgin Road, Southampton, 36.3% of property is privately rented and 31.2% 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 24, Elgin Road, Southampton, 20.5% of residents are recorded as possessing school level qualifications and 38.5% 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 24, Elgin Road, Southampton, the average age was 36.8 and the most common age was 27.
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 24, Elgin Road, 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 24, Elgin Road, Southampton, 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.