According to the public record, 3, Orwell Close, Southampton is a mid-century leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 3, Orwell Close, Southampton, SO16.
Orwell Close, Southampton, SO16 is located within the SO16 postal district.
3, Orwell Close, Southampton has a single entry in the Land Registry database from October 2008 and a single entry in the EPC database dated March 2019.
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 Orwell Close Southampton as £74,669 and the rental value as £533 per month giving an expected gross yield of 8.6%.
Over the last 12 months the sale value of 3 Orwell Close Southampton has increased by £1,817 (2.4%) and its rental value has increased by £25 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 3, Orwell Close, Southampton is in very good condition we estimate a sale value of £78,403 and rental value of £560 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £69,442 and a rental value of £496 per month.
If you were able to purchase this property for the estimated value of £74,669, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £367 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, 3, Orwell Close, Southampton was last sold on 31 Oct 2008 for £57,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2008, the market for similar properties has risen 45.2%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 500 metres radius of 3, Orwell Close, Southampton over the last 2 years.
The most recent example is 2, Orwell Close, Southampton, SO16 9EP, a Freehold house which sold for £235,000 in Mar 2022.
Read more about house prices in SO16.
Orwell Close, Southampton, SO16 has a total of 10 addresses. According to our analysis of all the public data, 3, Orwell Close, Southampton is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £209k less expensive than the average property in SO16.
3, Orwell Close, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Mar 2019.
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, Orwell Close, Southampton is Redbridge station which is 1.0 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 3, Orwell Close, Southampton, 41.9% of property is privately owned with a mortgage and 27.4% is socially 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 3, Orwell Close, Southampton, 23.6% of residents are recorded as possessing school level qualifications and 13.8% 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 3, Orwell 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 3, Orwell 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 3, Orwell Close, Southampton, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.