According to the public record, 47, South Street, Eastleigh is a modern leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
South Street, Eastleigh, SO50 is located in the borough of Eastleigh within the SO50 postal district.
47, South Street, Eastleigh has a single entry in the Land Registry database from December 2016 and a single entry in the EPC database dated May 2021.
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 South Street Eastleigh as £219,129 and the rental value as £1,048 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 47 South Street Eastleigh has increased by £5,748 (2.6%) and its rental value has increased by £59 per month (5.6%).
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 47, South Street, Eastleigh is in very good condition we estimate a sale value of £230,085 and rental value of £1,100 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,790 and a rental value of £974 per month.
If you were able to purchase this property for the estimated value of £219,129, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,077 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, 47, South Street, Eastleigh was last sold on 13 Dec 2016 for £205,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2016, the market for similar properties has risen 10.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, South Street, Eastleigh within a radius of 750 metres over the last 2 years.
The most recent example is 28, Ovington Gardens, Eastleigh, SO50 5FZ, a Leasehold flat which sold for £230,000 in Dec 2023.
Read more about house prices in SO50.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Street, Eastleigh, SO50 has a total of 29 addresses. According to our analysis of all the public data, 47, South Street, Eastleigh is the 21st largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £116k less expensive than the average property in SO50.
47, South Street, Eastleigh has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 May 2021.
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, South Street, Eastleigh is Southampton Airport Parkway station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 47, South Street, Eastleigh, 63.0% of property is socially rented and 21.3% 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 47, South Street, Eastleigh, 35.1% of residents are recorded as possessing school level qualifications and 30.3% 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, South Street, Eastleigh, the average age was 36.3 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, South Street, Eastleigh, 0.6% 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, South Street, Eastleigh, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.