According to the public record, 38, Old Common Gardens, Southampton is a modern leasehold apartment with 502 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Old Common Gardens, Locks Heath, Southampton, SO31 is located in the borough of Fareham within the SO31 postal district.
38, Old Common Gardens, Southampton has 21 entries in the Land Registry database, most recently in August 2009 and a single entry in the EPC database dated February 2009.
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 Old Common Gardens Southampton as £162,481 and the rental value as £1,063 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of 38 Old Common Gardens Southampton has increased by £4,972 (3.1%) and its rental value has increased by £72 per month (6.7%).
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, Old Common Gardens, Southampton is in very good condition we estimate a sale value of £170,605 and rental value of £1,116 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £151,107 and a rental value of £989 per month.
If you were able to purchase this property for the estimated value of £162,481, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £799 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, 38, Old Common Gardens, Southampton was last sold on 28 Aug 2009 for £108,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2009, the market for similar properties has risen 58.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Old Common Gardens, Southampton within a radius of 590 metres over the last 2 years.
The most recent example is 49, Old Common Gardens, Southampton, SO31 6AX, a Leasehold flat which sold for £125,000 in Oct 2023.
Read more about house prices in SO31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Common Gardens, Locks Heath, Southampton, SO31 has a total of 50 addresses. According to our analysis of all the public data, 38, Old Common Gardens, Southampton is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £269k less expensive than the average property in SO31.
38, Old Common Gardens, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Feb 2009.
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 38, Old Common Gardens, Southampton is Swanwick station which is 1.2 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 38, Old Common Gardens, Southampton, 60.2% of property is privately owned outright and 31.4% 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 38, Old Common Gardens, Southampton, 14.2% of residents are recorded as possessing school level qualifications and 34.1% 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, Old Common Gardens, 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 38, Old Common Gardens, 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 38, Old Common Gardens, 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.