According to the public record, 24, Iris Road, Southampton is a early-century house with 893 ft2 of internal area and sits on a 217 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Iris Road, Southampton, SO16 is located within the SO16 postal district.
24, Iris Road, Southampton has no records in the Land Registry database and a single entry in the EPC database dated August 2023.
We combine this information with public data 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 Iris Road Southampton as £264,121 and the rental value as £1,359 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 24 Iris Road Southampton has increased by £7,581 (2.9%) and its rental value has increased by £81 per month (5.9%).
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, Iris Road, Southampton is in very good condition we estimate a sale value of £277,327 and rental value of £1,427 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £245,633 and a rental value of £1,264 per month.
If you were able to purchase this property for the estimated value of £264,121, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,298 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, 24, Iris Road, Southampton sits on a plot of 217m2.
We have plot size data on 10 out of 16 other houses in the postcode and 24, Iris Road, Southampton sits on the 9th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Iris Road, Southampton within a radius of 510 metres over the last 2 years.
The most recent example is 16, Primrose Road, Southampton, SO16 3GP, a Freehold house which sold for £280,000 in Mar 2023.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Iris Road, Southampton, SO16 has a total of 34 addresses. According to our analysis of all the public data, 24, Iris Road, Southampton is the 21st largest and the 12th most expensive property on the street.
When compared to the postcode district it is £20k less expensive than the average property in SO16.
24, Iris Road, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Aug 2023.
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, Iris Road, Southampton is Swaythling station which is 1.4 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 24, Iris Road, Southampton, 38.9% of property is privately rented and 30.6% is socially rented.
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, Iris Road, Southampton, 39.0% of residents are recorded as possessing school level qualifications and 30.7% 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, Iris Road, Southampton, the average age was 36.1 and the most common age was 17.
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, Iris 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, Iris 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.