According to the public record, 29, Colwell Close, Southampton is a mid-century leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Colwell Close, Southampton, SO16 is located within the SO16 postal district.
29, Colwell Close, Southampton has 3 entries in the Land Registry database, most recently in November 2023 and a single entry in the EPC database dated June 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 29 Colwell Close Southampton as £157,276 and the rental value as £999 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 29 Colwell Close Southampton has increased by £3,826 (2.4%) and its rental value has increased by £48 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 29, Colwell Close, Southampton is in very good condition we estimate a sale value of £165,140 and rental value of £1,049 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £146,267 and a rental value of £929 per month.
If you were able to purchase this property for the estimated value of £157,276, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £773 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, 29, Colwell Close, Southampton was last sold on 17 Nov 2023 for £160,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2023, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Colwell Close, Southampton within a radius of 550 metres over the last 2 years.
The most recent example is 7, Totland Close, Southampton, SO16 9GU, a Leasehold flat which sold for £153,000 in Apr 2024.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Colwell Close, Southampton, SO16 has a total of 36 addresses. According to our analysis of all the public data, 29, Colwell Close, Southampton is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £127k less expensive than the average property in SO16.
29, Colwell Close, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jun 2014.
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 29, Colwell Close, Southampton is Redbridge station which is 800 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 29, Colwell Close, Southampton, 53.3% of property is socially rented and 23.0% 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 29, Colwell Close, Southampton, 31.0% of residents are recorded as possessing school level qualifications and 15.8% 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 29, Colwell Close, Southampton, the average age was 35.9 and the most common age was 12.
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 29, Colwell Close, 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 29, Colwell Close, Southampton, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.