According to the public record, 40, Sherborne Way, Southampton is a mid-century leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Sherborne Way, Hedge End, Southampton, SO30 is located in the borough of Eastleigh within the SO30 postal district.
40, Sherborne Way, Southampton has 51 entries in the Land Registry database, most recently in September 2018 and a single entry in the EPC database dated May 2018.
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 Sherborne Way Southampton as £202,044 and the rental value as £838 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 40 Sherborne Way Southampton has increased by £4,075 (2.0%) and its rental value has increased by £44 per month (5.2%).
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, Sherborne Way, Southampton is in very good condition we estimate a sale value of £212,146 and rental value of £879 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £187,901 and a rental value of £779 per month.
If you were able to purchase this property for the estimated value of £202,044, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £993 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, Sherborne Way, Southampton was last sold on 28 Sep 2018 for £181,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Sep 2018, the market for similar properties has risen 11.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Sherborne Way, Southampton within a radius of 540 metres over the last 2 years.
The most recent example is 36, Sherborne Way, Southampton, SO30 0JN, a Leasehold flat which sold for £208,000 in Feb 2023.
Read more about house prices in SO30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sherborne Way, Hedge End, Southampton, SO30 has a total of 65 addresses. According to our analysis of all the public data, 40, Sherborne Way, Southampton is the 60th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £169k less expensive than the average property in SO30.
40, Sherborne Way, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 May 2018.
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, Sherborne Way, Southampton is Hedge End station which is 2.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Sherborne Way, Southampton, 50.4% of property is privately owned outright and 40.7% 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 40, Sherborne Way, Southampton, 15.7% of residents are recorded as possessing school level qualifications and 26.3% 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, Sherborne Way, Southampton, the average age was 43.6 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 40, Sherborne Way, 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, Sherborne Way, Southampton, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.