According to the public record, 24, Oakwood Drive, Southampton is a mid-century freehold house with 807 ft2 of internal area and sits on a 152 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Oakwood Drive, Southampton, SO16 is located within the SO16 postal district.
24, Oakwood Drive, Southampton has 21 entries in the Land Registry database, most recently in August 2017 and a single entry in the EPC database dated September 2015.
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 Oakwood Drive Southampton as £264,724 and the rental value as £1,442 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 24 Oakwood Drive Southampton has increased by £7,172 (2.7%) and its rental value has increased by £69 per month (4.8%).
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, Oakwood Drive, Southampton is in very good condition we estimate a sale value of £277,960 and rental value of £1,514 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,193 and a rental value of £1,341 per month.
If you were able to purchase this property for the estimated value of £264,724, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,301 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, Oakwood Drive, Southampton sits on a plot of 152m2.
We have plot size data on 34 out of 59 other houses in the postcode and 24, Oakwood Drive, Southampton sits on the 27th largest plot.
According to HM Land Registry, 24, Oakwood Drive, Southampton was last sold on 25 Aug 2017 for £212,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2017, the market for similar properties has risen 22.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Oakwood Drive, Southampton within a radius of 610 metres over the last 2 years.
The most recent example is 21, Oakwood Drive, Southampton, SO16 8EJ, a Freehold house which sold for £290,000 in Jul 2023.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakwood Drive, Southampton, SO16 has a total of 248 addresses. According to our analysis of all the public data, 24, Oakwood Drive, Southampton is the 214th largest and the 234th most expensive property on the street.
When compared to the postcode district it is £19k less expensive than the average property in SO16.
24, Oakwood Drive, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Sep 2015.
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, Oakwood Drive, Southampton is Millbrook (Hants) station which is 3.6 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, Oakwood Drive, Southampton, 46.7% of property is privately owned with a mortgage and 29.0% 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 24, Oakwood Drive, Southampton, 24.9% of residents are recorded as possessing school level qualifications and 35.0% 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, Oakwood Drive, Southampton, the average age was 40.3 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 24, Oakwood Drive, 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 24, Oakwood Drive, Southampton, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.