According to the public record, 41, Commercial Street, Southampton is a period freehold house with 957 ft2 of internal area and sits on a 229 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Commercial Street, Southampton, SO18 is located within the SO18 postal district.
41, Commercial Street, Southampton has a single entry in the Land Registry database from December 2014 and a single entry in the EPC database dated August 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 41 Commercial Street Southampton as £316,048 and the rental value as £1,572 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 41 Commercial Street Southampton has increased by £6,843 (2.2%) and its rental value has increased by £101 per month (6.4%).
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 41, Commercial Street, Southampton is in very good condition we estimate a sale value of £331,851 and rental value of £1,651 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £293,925 and a rental value of £1,462 per month.
If you were able to purchase this property for the estimated value of £316,048, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,553 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, 41, Commercial Street, Southampton sits on a plot of 229m2.
We have plot size data on 13 out of 19 other houses in the postcode and 41, Commercial Street, Southampton sits on the 2nd largest plot.
According to HM Land Registry, 41, Commercial Street, Southampton was last sold on 22 Dec 2014 for £229,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2014, the market for similar properties has risen 41.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Commercial Street, Southampton within a radius of 500 metres over the last 2 years.
The most recent example is 51A, Commercial Street, Southampton, SO18 6LY, a Freehold house which sold for £350,000 in Sep 2022.
Read more about house prices in SO18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Commercial Street, Southampton, SO18 has a total of 79 addresses. According to our analysis of all the public data, 41, Commercial Street, Southampton is the 17th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £51k more expensive than the average property in SO18.
41, Commercial Street, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Aug 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 41, Commercial Street, Southampton is Bitterne station which is 1.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 41, Commercial Street, Southampton, 53.9% of property is privately owned outright and 31.3% 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 41, Commercial Street, Southampton, 8.1% of residents are recorded as possessing school level qualifications and 24.1% 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 41, Commercial Street, Southampton, the average age was 40 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 41, Commercial Street, 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 41, Commercial Street, 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.