According to the public record, 40, Charles Arden Close, Southampton is a modern leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 40, Charles Arden Close, Southampton, SO16.
Charles Arden Close, Southampton, SO16 is located within the SO16 postal district.
40, Charles Arden Close, Southampton has 2 entries in the Land Registry database, most recently in November 2017 and a single entry in the EPC database dated March 2014.
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 Charles Arden Close Southampton as £195,135 and the rental value as £1,002 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 40 Charles Arden Close Southampton has increased by £4,806 (2.5%) and its rental value has increased by £46 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 40, Charles Arden Close, Southampton is in very good condition we estimate a sale value of £204,892 and rental value of £1,052 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £181,476 and a rental value of £932 per month.
If you were able to purchase this property for the estimated value of £195,135, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £959 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, 40, Charles Arden Close, Southampton was last sold on 17 Nov 2017 for £182,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2017, the market for similar properties has risen 13.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Charles Arden Close, Southampton within a radius of 440 metres over the last 2 years.
The most recent example is 20A, Charles Arden Close, Southampton, SO16 4HS, a Leasehold flat which sold for £74,000 in Mar 2024.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Charles Arden Close, Southampton, SO16 has a total of 42 addresses. According to our analysis of all the public data, 40, Charles Arden Close, Southampton is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £89k less expensive than the average property in SO16.
40, Charles Arden Close, Southampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Mar 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 40, Charles Arden 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 40, Charles Arden Close, Southampton, 40.3% of property is privately owned with a mortgage and 23.4% 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, Charles Arden Close, Southampton, 14.7% of residents are recorded as possessing school level qualifications and 16.3% 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 40, Charles Arden 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 40, Charles Arden Close, 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 40, Charles Arden Close, 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.