According to the public record, 3, Okement Close, Southampton is a modern freehold house with 1,280 ft2 of internal area and sits on a 243 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Okement Close, West End, Southampton, SO18 is located in the borough of Eastleigh within the SO18 postal district.
3, Okement Close, Southampton has a single entry in the Land Registry database from July 2018 and a single entry in the EPC database dated February 2018.
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 3 Okement Close Southampton as £456,750 and the rental value as £1,743 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 3 Okement Close Southampton has increased by £3,840 (0.8%) and its rental value has increased by £88 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 3, Okement Close, Southampton is in very good condition we estimate a sale value of £479,587 and rental value of £1,830 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £424,777 and a rental value of £1,621 per month.
If you were able to purchase this property for the estimated value of £456,750, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,245 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, 3, Okement Close, Southampton sits on a plot of 243m2.
We have plot size data on 8 out of 23 other houses in the postcode and 3, Okement Close, Southampton sits on the 8th largest plot.
According to HM Land Registry, 3, Okement Close, Southampton was last sold on 20 Jul 2018 for £380,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2018, the market for similar properties has risen 18.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Okement Close, Southampton within a radius of 520 metres over the last 2 years.
The most recent example is 68, Eden Road, Southampton, SO18 3QX, a Freehold house which sold for £422,500 in Sep 2021.
Read more about house prices in SO18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Okement Close, West End, Southampton, SO18 has a total of 23 addresses. According to our analysis of all the public data, 3, Okement Close, Southampton is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £191k more expensive than the average property in SO18.
3, Okement Close, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Feb 2018.
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 3, Okement Close, Southampton is Swaythling station which is 2.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Okement Close, Southampton, 36.6% of property is privately owned outright and 36.6% 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 3, Okement Close, Southampton, 11.5% of residents are recorded as possessing school level qualifications and 37.5% 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 3, Okement Close, Southampton, the average age was 45.1 and the most common age was 57.
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 3, Okement Close, Southampton, 1.5% 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 3, Okement Close, Southampton, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.