According to the public record, 44, Monks Way, Southampton is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 807 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Monks Way, Southampton, SO18 is located within the SO18 postal district.
44, Monks Way, Southampton has a single entry in the Land Registry database from December 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 44 Monks Way Southampton as £258,396 and the rental value as £1,406 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 44 Monks Way Southampton has increased by £7,695 (3.0%) and its rental value has increased by £92 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 44, Monks Way, Southampton is in very good condition we estimate a sale value of £271,315 and rental value of £1,476 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,308 and a rental value of £1,308 per month.
If you were able to purchase this property for the estimated value of £258,396, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,270 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, 44, Monks Way, Southampton was last sold on 08 Dec 2006 for £127,000 and was recorded as a freehold 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 44, Monks Way, Southampton within a radius of 630 metres over the last 2 years.
The most recent example is 14, Monks Way, Southampton, SO18 2LP, a Freehold house which sold for £265,000 in Jul 2023.
Read more about house prices in SO18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monks Way, Southampton, SO18 has a total of 186 addresses. According to our analysis of all the public data, 44, Monks Way, Southampton is the 52nd largest and the 65th most expensive property on the street.
When compared to the postcode district it is £7k less expensive than the average property in SO18.
The closest station to 44, Monks Way, Southampton is Swaythling station which is 300 metres 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 44, Monks Way, Southampton, 75.4% of property is socially rented and 12.0% is privately rented.
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 44, Monks Way, Southampton, 10.3% of residents are recorded as possessing school level qualifications and 26.6% 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 44, Monks Way, Southampton, the average age was 35.7 and the most common age was 17.
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 44, Monks 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 44, Monks Way, Southampton, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.