According to the public record, 27, Mersham Gardens, Southampton is a mid-century freehold house with 688 ft2 of internal area and sits on a 341 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mersham Gardens, Southampton, SO18 is located within the SO18 postal district.
27, Mersham Gardens, Southampton has a single entry in the Land Registry database from September 2021 and a single entry in the EPC database dated April 2021.
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 27 Mersham Gardens Southampton as £302,984 and the rental value as £1,453 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 27 Mersham Gardens Southampton has increased by £6,560 (2.2%) and its rental value has increased by £93 per month (6.4%).
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 27, Mersham Gardens, Southampton is in very good condition we estimate a sale value of £318,134 and rental value of £1,525 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £281,776 and a rental value of £1,351 per month.
If you were able to purchase this property for the estimated value of £302,984, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,489 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, 27, Mersham Gardens, Southampton sits on a plot of 341m2.
We have plot size data on 25 out of 37 other houses in the postcode and 27, Mersham Gardens, Southampton sits on the 13th largest plot.
According to HM Land Registry, 27, Mersham Gardens, Southampton was last sold on 24 Sep 2021 for £254,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2021, the market for similar properties has risen 4.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Mersham Gardens, Southampton within a radius of 560 metres over the last 2 years.
The most recent example is 20, Mersham Gardens, Southampton, SO18 6TF, a Freehold house which sold for £325,000 in Sep 2021.
Read more about house prices in SO18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mersham Gardens, Southampton, SO18 has a total of 89 addresses. According to our analysis of all the public data, 27, Mersham Gardens, Southampton is the 35th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £38k more expensive than the average property in SO18.
27, Mersham Gardens, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Apr 2021.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 27, Mersham Gardens, Southampton is Bitterne station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 27, Mersham Gardens, Southampton, 70.5% of property is privately owned outright and 14.1% 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 27, Mersham Gardens, Southampton, 10.3% of residents are recorded as possessing school level qualifications and 15.7% 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 27, Mersham Gardens, Southampton, the average age was 40 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 27, Mersham Gardens, Southampton, 1.3% 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 27, Mersham Gardens, Southampton, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.