According to the public record, 3, The Chestnuts, Southampton is a modern leasehold house with 688 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
The Chestnuts, Locks Heath, Southampton, SO31 is located in the borough of Fareham within the SO31 postal district.
3, The Chestnuts, Southampton has 21 entries in the Land Registry database, most recently in April 2007 and a single entry in the EPC database dated September 2023.
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 The Chestnuts Southampton as £211,650 and the rental value as £1,165 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 3 The Chestnuts Southampton has increased by £7,221 (3.4%) and its rental value has increased by £83 per month (7.1%).
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, The Chestnuts, Southampton is in very good condition we estimate a sale value of £222,232 and rental value of £1,223 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £196,834 and a rental value of £1,083 per month.
If you were able to purchase this property for the estimated value of £211,650, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,040 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, The Chestnuts, Southampton was last sold on 20 Apr 2007 for £167,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Apr 2007, the market for similar properties has risen 64.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, The Chestnuts, Southampton within a radius of 620 metres over the last 2 years.
The most recent example is 4, The Chestnuts, Southampton, SO31 6DJ, a Leasehold house which sold for £177,500 in Apr 2024.
Read more about house prices in SO31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Chestnuts, Locks Heath, Southampton, SO31 has a total of 34 addresses. According to our analysis of all the public data, 3, The Chestnuts, Southampton is the 23rd largest and the 12th most expensive property on the street.
When compared to the postcode district it is £220k less expensive than the average property in SO31.
3, The Chestnuts, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Sep 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 3, The Chestnuts, Southampton is Swanwick station which is 2.0 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, The Chestnuts, Southampton, 50.3% of property is privately owned outright and 28.9% 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 3, The Chestnuts, Southampton, 11.9% of residents are recorded as possessing school level qualifications and 37.7% 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 3, The Chestnuts, Southampton, the average age was 45.5 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, The Chestnuts, Southampton, 1.2% 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, The Chestnuts, Southampton, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.