According to the public record, 34, Olive Road, Southampton is a mid-century freehold house with 957 ft2 of internal area and sits on a 221 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.
34, Olive Road, Southampton has a single entry in the Land Registry database from March 2016 and a single entry in the EPC database dated September 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 34 Olive Road Southampton as £236,387 and the rental value as £1,338 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 34 Olive Road Southampton has increased by £7,463 (3.2%) and its rental value has increased by £69 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 34, Olive Road, Southampton is in very good condition we estimate a sale value of £248,206 and rental value of £1,405 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,840 and a rental value of £1,245 per month.
If you were able to purchase this property for the estimated value of £236,387, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,162 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, 34, Olive Road, Southampton sits on a plot of 221m2.
We have plot size data on 3 out of 9 other houses in the postcode and 34, Olive Road, Southampton sits on the 2nd largest plot.
According to HM Land Registry, 34, Olive Road, Southampton was last sold on 29 Mar 2016 for £180,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2016, the market for similar properties has risen 30.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, Olive Road, Southampton within a radius of 500 metres over the last 2 years.
The most recent example is 16, Palm Road, Southampton, SO16 5EJ, a Freehold house which sold for £220,000 in Sep 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, 34, Olive Road, Southampton is the 13th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £47k less expensive than the average property in SO16.
34, Olive Road, Southampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Sep 2015.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 34, 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 34, 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 34, 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 34, 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 34, 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 34, 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.