According to the public record, 42, Reeves Way, Southampton is a mid-century freehold house with 947 ft2 of internal area and sits on a 167 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Reeves Way, Bursledon, Southampton, SO31 is located in the borough of Eastleigh within the SO31 postal district.
42, Reeves Way, Southampton has 31 entries in the Land Registry database, most recently in May 2023 and a single entry in the EPC database dated November 2013.
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 42 Reeves Way Southampton as £321,420 and the rental value as £1,681 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 42 Reeves Way Southampton has increased by £10,691 (3.3%) and its rental value has increased by £119 per month (7.1%).
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 42, Reeves Way, Southampton is in very good condition we estimate a sale value of £337,491 and rental value of £1,765 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £298,921 and a rental value of £1,563 per month.
If you were able to purchase this property for the estimated value of £321,420, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,580 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, 42, Reeves Way, Southampton sits on a plot of 167m2.
We have plot size data on 18 out of 34 other houses in the postcode and 42, Reeves Way, Southampton sits on the 15th largest plot.
According to HM Land Registry, 42, Reeves Way, Southampton was last sold on 10 May 2023 for £305,250 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2023, the market for similar properties has risen 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Reeves Way, Southampton within a radius of 570 metres over the last 2 years.
The most recent example is 17, Lewins Walk, Southampton, SO31 8FP, a Freehold house which sold for £325,000 in Dec 2022.
Read more about house prices in SO31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reeves Way, Bursledon, Southampton, SO31 has a total of 62 addresses. According to our analysis of all the public data, 42, Reeves Way, Southampton is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £110k less expensive than the average property in SO31.
42, Reeves Way, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Nov 2013.
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 42, Reeves Way, Southampton is Bursledon station which is 1.1 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 42, Reeves Way, Southampton, 44.0% of property is privately owned with a mortgage and 38.4% 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 42, Reeves Way, Southampton, 19.9% of residents are recorded as possessing school level qualifications and 31.7% 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 42, Reeves Way, Southampton, the average age was 38.9 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 42, Reeves Way, Southampton, 2.0% 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 42, Reeves Way, Southampton, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.