According to the public record, 31, Olive Road, Southampton is a mid-century freehold house with 764 ft2 of internal area and sits on a 222 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Olive Road, Southampton, SO16 is located within the SO16 postal district.
31, Olive Road, Southampton has 21 entries in the Land Registry database, most recently in April 2016 and a single entry in the EPC database dated November 2015.
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 31 Olive Road Southampton as £245,408 and the rental value as £1,429 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 31 Olive Road Southampton has increased by £7,748 (3.2%) and its rental value has increased by £74 per month (5.2%).
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 31, Olive Road, Southampton is in very good condition we estimate a sale value of £257,679 and rental value of £1,501 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £228,230 and a rental value of £1,329 per month.
If you were able to purchase this property for the estimated value of £245,408, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,206 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, 31, Olive Road, Southampton sits on a plot of 222m2.
We have plot size data on 6 out of 13 other houses in the postcode and 31, Olive Road, Southampton sits on the 4th largest plot.
According to HM Land Registry, 31, Olive Road, Southampton was last sold on 15 Apr 2016 for £175,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2016, the market for similar properties has risen 29.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Olive Road, Southampton within a radius of 490 metres over the last 2 years.
The most recent example is 16, Conifer Road, Southampton, SO16 5FX, a Freehold house which sold for £255,000 in Nov 2023.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Olive Road, Southampton, SO16 has a total of 99 addresses. According to our analysis of all the public data, 31, Olive Road, Southampton is the 36th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in SO16.
31, Olive Road, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Nov 2015.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 31, Olive Road, Southampton is Redbridge station which is 2.6 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 31, Olive Road, Southampton, 58.1% of property is socially rented and 16.2% 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 31, Olive Road, Southampton, 24.3% of residents are recorded as possessing school level qualifications and 23.0% 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 31, Olive Road, Southampton, the average age was 41.5 and the most common age was 47.
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 31, Olive Road, 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 31, Olive Road, Southampton, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.