According to the public record, 248, Market Street, Eastleigh is a period leasehold house with 914 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Market Street, Eastleigh, SO50 is located in the borough of Eastleigh within the SO50 postal district.
248, Market Street, Eastleigh has 2 entries in the Land Registry database, most recently in February 2024 and a single entry in the EPC database dated May 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 248 Market Street Eastleigh as £268,701 and the rental value as £1,538 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 248 Market Street Eastleigh has increased by £7,982 (3.0%) and its rental value has increased by £93 per month (6.1%).
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 248, Market Street, Eastleigh is in very good condition we estimate a sale value of £282,136 and rental value of £1,615 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £249,892 and a rental value of £1,430 per month.
If you were able to purchase this property for the estimated value of £268,701, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,321 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, 248, Market Street, Eastleigh was last sold on 23 Feb 2024 for £255,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Feb 2024, the market for similar properties has risen 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 248, Market Street, Eastleigh within a radius of 560 metres over the last 2 years.
The most recent example is 260, Market Street, Eastleigh, SO50 5QB, a Freehold house which sold for £270,000 in Oct 2023.
Read more about house prices in SO50.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Market Street, Eastleigh, SO50 has a total of 207 addresses. According to our analysis of all the public data, 248, Market Street, Eastleigh is the 123rd largest and the 130th most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in SO50.
248, Market Street, Eastleigh has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 May 2022.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 248, Market Street, Eastleigh is Eastleigh station which is 600 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 248, Market Street, Eastleigh, 32.6% of property is privately owned with a mortgage and 29.5% is privately 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 248, Market Street, Eastleigh, 16.0% of residents are recorded as possessing school level qualifications and 30.5% 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 248, Market Street, Eastleigh, the average age was 37.8 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 248, Market Street, Eastleigh, 1.4% 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 248, Market Street, Eastleigh, 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.