According to the public record, 47, Salerno Road, Southampton is a mid-century apartment with 333 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Salerno Road, Southampton, SO16 is located within the SO16 postal district.
47, Salerno Road, Southampton has no records in the Land Registry database and a single entry in the EPC database dated March 2019.
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 47 Salerno Road Southampton as £80,092 and the rental value as £581 per month giving an expected gross yield of 8.7%.
Over the last 12 months the sale value of 47 Salerno Road Southampton has increased by £1,868 (2.3%) and its rental value has increased by £25 per month (4.3%).
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, Salerno Road, Southampton is in very good condition we estimate a sale value of £84,097 and rental value of £610 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £74,486 and a rental value of £540 per month.
If you were able to purchase this property for the estimated value of £80,092, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £394 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 the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 47, Salerno Road, Southampton within a radius of 640 metres over the last 2 years.
The most recent example is 49, Salerno Road, Southampton, SO16 5PH, a Leasehold flat which sold for £80,000 in Nov 2022.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Salerno Road, Southampton, SO16 has a total of 68 addresses. According to our analysis of all the public data, 47, Salerno Road, Southampton is the 66th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £204k less expensive than the average property in SO16.
47, Salerno Road, Southampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Mar 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to 47, Salerno Road, Southampton is Millbrook (Hants) station which is 3.4 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, Salerno Road, Southampton, 39.1% of property is socially rented and 24.1% 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 47, Salerno Road, Southampton, 16.5% of residents are recorded as possessing school level qualifications and 23.3% 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, Salerno Road, Southampton, the average age was 40.3 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 47, Salerno Road, Southampton, 0.7% 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, Salerno Road, Southampton, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.