According to the public record, 38, Watts Close, Southampton is a modern leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Watts Close, Southampton, SO16 is located within the SO16 postal district.
38, Watts Close, Southampton has 51 entries in the Land Registry database, most recently in April 2024 and a single entry in the EPC database dated August 2023.
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 Watts Close Southampton as £157,858 and the rental value as £935 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 38 Watts Close Southampton has increased by £3,977 (2.5%) and its rental value has increased by £43 per month (4.6%).
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, Watts Close, Southampton is in very good condition we estimate a sale value of £165,751 and rental value of £982 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £146,808 and a rental value of £870 per month.
If you were able to purchase this property for the estimated value of £157,858, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £776 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, Watts Close, Southampton was last sold on 12 Apr 2024 for £165,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Apr 2024, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Watts Close, Southampton within a radius of 450 metres over the last 2 years.
The most recent example is 43, Colby Street, Southampton, SO16 9RT, a Leasehold flat which sold for £155,000 in May 2022.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Watts Close, Southampton, SO16 has a total of 39 addresses. According to our analysis of all the public data, 38, Watts Close, Southampton is the 38th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in SO16.
38, Watts Close, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Aug 2023.
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, Watts Close, Southampton is Redbridge station which is 1.9 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, Watts Close, Southampton, 34.6% of property is privately owned with a mortgage and 28.7% is privately rented.
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, Watts Close, Southampton, 17.0% of residents are recorded as possessing school level qualifications and 35.3% 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, Watts Close, Southampton, the average age was 37.9 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, Watts Close, Southampton, 1.1% 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, Watts Close, Southampton, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.