According to the public record, 47, Mercury Close, Southampton is a mid-century freehold house with 1,119 ft2 of internal area and sits on a 106 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mercury Close, Southampton, SO16 is located within the SO16 postal district.
47, Mercury Close, Southampton has 2 entries in the Land Registry database, most recently in June 2024 and a single entry in the EPC database dated October 2016.
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 47 Mercury Close Southampton as £263,640 and the rental value as £1,457 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 47 Mercury Close Southampton has increased by £7,141 (2.7%) and its rental value has increased by £69 per month (4.7%).
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 47, Mercury Close, Southampton is in very good condition we estimate a sale value of £276,822 and rental value of £1,530 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £245,185 and a rental value of £1,355 per month.
If you were able to purchase this property for the estimated value of £263,640, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,296 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, 47, Mercury Close, Southampton sits on a plot of 106m2.
We have plot size data on 31 out of 54 other houses in the postcode and 47, Mercury Close, Southampton sits on the 29th largest plot.
According to HM Land Registry, 47, Mercury Close, Southampton was last sold on 14 Jun 2024 for £260,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2024, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Mercury Close, Southampton within a radius of 470 metres over the last 2 years.
The most recent example is 54, Saturn Close, Southampton, SO16 8BE, a Freehold house which sold for £290,000 in Dec 2022.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mercury Close, Southampton, SO16 has a total of 116 addresses. According to our analysis of all the public data, 47, Mercury Close, Southampton is the largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £20k less expensive than the average property in SO16.
47, Mercury Close, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Oct 2016.
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 47, Mercury Close, Southampton is Redbridge station which is 2.4 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 47, Mercury Close, Southampton, 56.2% of property is socially rented and 19.0% 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 47, Mercury Close, Southampton, 9.3% of residents are recorded as possessing school level qualifications and 23.7% 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 47, Mercury Close, Southampton, the average age was 41.5 and the most common age was 47.
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 47, Mercury Close, 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 47, Mercury Close, Southampton, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.