According to the public record, 245, Wimpson Lane, Southampton is a mid-century freehold house with 904 ft2 of internal area and sits on a 201 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wimpson Lane, Southampton, SO16 is located within the SO16 postal district.
245, Wimpson Lane, Southampton has a single entry in the Land Registry database from March 2010 and a single entry in the EPC database dated August 2014.
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 245 Wimpson Lane Southampton as £237,955 and the rental value as £1,366 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 245 Wimpson Lane Southampton has increased by £6,738 (2.8%) and its rental value has increased by £68 per month (5.0%).
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 245, Wimpson Lane, Southampton is in very good condition we estimate a sale value of £249,853 and rental value of £1,434 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £221,298 and a rental value of £1,270 per month.
If you were able to purchase this property for the estimated value of £237,955, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,169 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, 245, Wimpson Lane, Southampton sits on a plot of 201m2.
We have plot size data on 13 out of 30 other houses in the postcode and 245, Wimpson Lane, Southampton sits on the 8th largest plot.
According to HM Land Registry, 245, Wimpson Lane, Southampton was last sold on 19 Mar 2010 for £125,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2010, the market for similar properties has risen 59.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 245, Wimpson Lane, Southampton within a radius of 480 metres over the last 2 years.
The most recent example is 197, Wimpson Lane, Southampton, SO16 4PZ, a Freehold house which sold for £266,000 in Jul 2023.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wimpson Lane, Southampton, SO16 has a total of 440 addresses. According to our analysis of all the public data, 245, Wimpson Lane, Southampton is the 58th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £46k less expensive than the average property in SO16.
245, Wimpson Lane, Southampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Aug 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using an LPG fired boiler and radiators.
The closest station to 245, Wimpson Lane, Southampton is Redbridge station which is 1.3 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 245, Wimpson Lane, Southampton, 45.6% of property is socially rented and 20.0% 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 245, Wimpson Lane, Southampton, 30.5% of residents are recorded as possessing school level qualifications and 19.2% 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 245, Wimpson Lane, Southampton, the average age was 37.9 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 245, Wimpson 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 245, Wimpson 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.