According to the public record, 38, Monarch Way, Southampton is a mid-century freehold house with 462 ft2 of internal area and sits on a 268 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Monarch Way, West End, Southampton, SO30 is located in the borough of Eastleigh within the SO30 postal district.
38, Monarch Way, Southampton has 2 entries in the Land Registry database, most recently in November 2020 and a single entry in the EPC database dated July 2020.
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 38 Monarch Way Southampton as £235,000 and the rental value as £954 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 38 Monarch Way Southampton has increased by £5,922 (2.5%) and its rental value has increased by £56 per month (5.9%).
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 38, Monarch Way, Southampton is in very good condition we estimate a sale value of £246,750 and rental value of £1,001 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £218,550 and a rental value of £887 per month.
If you were able to purchase this property for the estimated value of £235,000, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,155 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, 38, Monarch Way, Southampton sits on a plot of 268m2.
We have plot size data on 25 out of 60 other houses in the postcode and 38, Monarch Way, Southampton sits on the 9th largest plot.
According to HM Land Registry, 38, Monarch Way, Southampton was last sold on 09 Nov 2020 for £215,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2020, the market for similar properties has risen 15.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Monarch Way, Southampton within a radius of 890 metres over the last 2 years.
The most recent example is 1, The Mews 50, High Street, Southampton, SO30 3DR, a Leasehold house which sold for £270,000 in Jun 2022.
Read more about house prices in SO30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monarch Way, West End, Southampton, SO30 has a total of 121 addresses. According to our analysis of all the public data, 38, Monarch Way, Southampton is the 118th largest and the 113th most expensive property on the street.
When compared to the postcode district it is £136k less expensive than the average property in SO30.
38, Monarch Way, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jul 2020.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 38, Monarch Way, Southampton is Hedge End station which is 2.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 38, Monarch Way, Southampton, 41.2% of property is privately owned with a mortgage and 35.6% is privately owned outright.
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 38, Monarch Way, Southampton, 18.2% of residents are recorded as possessing school level qualifications and 30.8% 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 38, Monarch Way, 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 38, Monarch Way, Southampton, 0.8% 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 38, Monarch Way, Southampton, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.