According to the public record, 40, Beacon Way, Southampton is a mid-century freehold house with 1,119 ft2 of internal area and sits on a 330 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Beacon Way, Park Gate, Southampton, SO31 is located in the borough of Fareham within the SO31 postal district.
40, Beacon Way, Southampton has 31 entries in the Land Registry database, most recently in August 2022 and a single entry in the EPC database dated May 2022.
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 40 Beacon Way Southampton as £368,779 and the rental value as £1,878 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 40 Beacon Way Southampton has increased by £10,641 (2.9%) and its rental value has increased by £122 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 40, Beacon Way, Southampton is in very good condition we estimate a sale value of £387,218 and rental value of £1,972 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £342,964 and a rental value of £1,747 per month.
If you were able to purchase this property for the estimated value of £368,779, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,812 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, 40, Beacon Way, Southampton sits on a plot of 330m2.
We have plot size data on 30 out of 54 other houses in the postcode and 40, Beacon Way, Southampton sits on the 6th largest plot.
According to HM Land Registry, 40, Beacon Way, Southampton was last sold on 23 Aug 2022 for £320,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2022, the market for similar properties has dropped 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Beacon Way, Southampton within a radius of 640 metres over the last 2 years.
The most recent example is 25, Beacon Way, Southampton, SO31 7GL, a Freehold house which sold for £381,000 in Oct 2021.
Read more about house prices in SO31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Beacon Way, Park Gate, Southampton, SO31 has a total of 54 addresses. According to our analysis of all the public data, 40, Beacon Way, Southampton is the 18th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £63k less expensive than the average property in SO31.
40, Beacon Way, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 May 2022.
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 40, Beacon Way, Southampton is Swanwick station which is 400 metres 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 40, Beacon Way, Southampton, 45.5% of property is privately owned with a mortgage and 43.3% 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 40, Beacon Way, Southampton, 16.1% of residents are recorded as possessing school level qualifications and 36.8% 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 40, Beacon Way, Southampton, the average age was 39.4 and the most common age was 52.
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 40, Beacon Way, Southampton, 2.2% 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 40, Beacon Way, Southampton, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.