According to the public record, 38, Salem Street, Southampton is a mid-century freehold house with 656 ft2 of internal area and sits on a 207 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Salem Street, Southampton, SO15 is located within the SO15 postal district.
38, Salem Street, Southampton has 2 entries in the Land Registry database, most recently in December 2023 and a single entry in the EPC database dated March 2021.
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 Salem Street Southampton as £268,326 and the rental value as £1,350 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 38 Salem Street Southampton has increased by £9,534 (3.6%) and its rental value has increased by £87 per month (6.5%).
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, Salem Street, Southampton is in very good condition we estimate a sale value of £281,742 and rental value of £1,417 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £249,543 and a rental value of £1,255 per month.
If you were able to purchase this property for the estimated value of £268,326, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,319 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, Salem Street, Southampton sits on a plot of 207m2.
We have plot size data on 18 out of 21 other houses in the postcode and 38, Salem Street, Southampton sits on the 5th largest plot.
According to HM Land Registry, 38, Salem Street, Southampton was last sold on 01 Dec 2023 for £290,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2023, the market for similar properties has risen 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Salem Street, Southampton within a radius of 440 metres over the last 2 years.
The most recent example is 4, Wordsworth Road, Southampton, SO15 5LX, a Freehold house which sold for £287,500 in Oct 2022.
Read more about house prices in SO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Salem Street, Southampton, SO15 has a total of 30 addresses. According to our analysis of all the public data, 38, Salem Street, Southampton is the 29th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in SO15.
38, Salem Street, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Mar 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 38, Salem Street, Southampton is Millbrook (Hants) station which is 1.6 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 38, Salem Street, Southampton, 34.2% of property is socially rented and 22.5% 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, Salem Street, Southampton, 20.3% of residents are recorded as possessing school level qualifications and 33.7% 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 38, Salem Street, Southampton, the average age was 36.4 and the most common age was 32.
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, Salem Street, 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, Salem Street, Southampton, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.