According to the public record, 27, Velmore Road, Eastleigh is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,841 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Velmore Road, Chandler's Ford, Eastleigh, SO53 is located in the borough of Eastleigh within the SO53 postal district.
27, Velmore Road, Eastleigh has 21 entries in the Land Registry database, most recently in October 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 27 Velmore Road Eastleigh as £766,711 and the rental value as £2,012 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of 27 Velmore Road Eastleigh has increased by £13,124 (1.7%) and its rental value has increased by £73 per month (3.6%).
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, Velmore Road, Eastleigh is in very good condition we estimate a sale value of £805,047 and rental value of £2,112 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £713,042 and a rental value of £1,871 per month.
If you were able to purchase this property for the estimated value of £766,711, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,768 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, 27, Velmore Road, Eastleigh was last sold on 04 Oct 2012 for £525,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2012, the market for similar properties has risen 58.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Velmore Road, Eastleigh within a radius of 740 metres over the last 2 years.
The most recent example is 22, Castle Lane, Eastleigh, SO53 4AG, a Freehold house which sold for £663,000 in Nov 2023.
Read more about house prices in SO53.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Velmore Road, Chandler's Ford, Eastleigh, SO53 has a total of 34 addresses. According to our analysis of all the public data, 27, Velmore Road, Eastleigh is the 15th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £291k more expensive than the average property in SO53.
The closest station to 27, Velmore Road, Eastleigh is Chandlers Ford station which is 1.1 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 27, Velmore Road, Eastleigh, 45.4% of property is privately owned outright and 43.9% 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, Velmore Road, Eastleigh, 19.9% of residents are recorded as possessing school level qualifications and 41.2% 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 27, Velmore Road, Eastleigh, the average age was 45.9 and the most common age was 72.
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, Velmore Road, Eastleigh, 2.5% 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, Velmore Road, Eastleigh, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.