According to the public record, 40, Somerset Avenue, Southampton is a mid-century house with 990 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Somerset Avenue, Southampton, SO18 is located within the SO18 postal district.
40, Somerset Avenue, Southampton has no recent1 records in the Land Registry database and a single entry in the EPC database dated November 2014.
We combine this information with public data 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 Somerset Avenue Southampton as £271,555 and the rental value as £1,516 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 40 Somerset Avenue Southampton has increased by £6,452 (2.4%) and its rental value has increased by £100 per month (6.6%).
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, Somerset Avenue, Southampton is in very good condition we estimate a sale value of £285,133 and rental value of £1,592 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £252,546 and a rental value of £1,410 per month.
If you were able to purchase this property for the estimated value of £271,555, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,335 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, Somerset Avenue, Southampton was last sold on 18 Jul 1997 for £49,250 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Somerset Avenue, Southampton within a radius of 520 metres over the last 2 years.
The most recent example is 70, Somerset Avenue, Southampton, SO18 5FS, a Freehold house which sold for £260,000 in Jul 2023.
Read more about house prices in SO18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somerset Avenue, Southampton, SO18 has a total of 120 addresses. According to our analysis of all the public data, 40, Somerset Avenue, Southampton is the 25th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £6k more expensive than the average property in SO18.
40, Somerset Avenue, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Nov 2014.
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, Somerset Avenue, Southampton is Bitterne station which is 2.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Somerset Avenue, Southampton, 35.5% of property is privately owned outright and 33.3% 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, Somerset Avenue, Southampton, 22.0% of residents are recorded as possessing school level qualifications and 26.5% 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, Somerset Avenue, Southampton, the average age was 41.2 and the most common age was 37.
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, Somerset Avenue, Southampton, 0.6% 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, Somerset Avenue, Southampton, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.