According to the public record, 48, Chestnut Avenue, Eastleigh is a early-century leasehold house with 1,065 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Chestnut Avenue, Eastleigh, SO50 is located in the borough of Eastleigh within the SO50 postal district.
48, Chestnut Avenue, Eastleigh has 41 entries in the Land Registry database, most recently in September 2007 and a single entry in the EPC database dated September 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 48 Chestnut Avenue Eastleigh as £259,556 and the rental value as £1,455 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 48 Chestnut Avenue Eastleigh has increased by £5,640 (2.2%) and its rental value has increased by £76 per month (5.2%).
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 48, Chestnut Avenue, Eastleigh is in very good condition we estimate a sale value of £272,534 and rental value of £1,528 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,387 and a rental value of £1,353 per month.
If you were able to purchase this property for the estimated value of £259,556, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,276 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, 48, Chestnut Avenue, Eastleigh was last sold on 28 Sep 2007 for £179,000 and was recorded as a leasehold house.
The property has had 4 sales since 1995.
Since Sep 2007, the market for similar properties has risen 50.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Chestnut Avenue, Eastleigh within a radius of 520 metres over the last 2 years.
The most recent example is 40, Chestnut Avenue, Eastleigh, SO50 5AH, a Freehold house which sold for £230,000 in Nov 2023.
Read more about house prices in SO50.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chestnut Avenue, Eastleigh, SO50 has a total of 128 addresses. According to our analysis of all the public data, 48, Chestnut Avenue, Eastleigh is the 26th largest and the 93rd most expensive property on the street.
When compared to the postcode district it is £75k less expensive than the average property in SO50.
48, Chestnut Avenue, Eastleigh has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Sep 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 48, Chestnut Avenue, Eastleigh is Eastleigh station which is 1.0 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 48, Chestnut Avenue, Eastleigh, 48.2% of property is privately owned with a mortgage and 27.7% 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 48, Chestnut Avenue, Eastleigh, 15.6% of residents are recorded as possessing school level qualifications and 39.6% 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 48, Chestnut Avenue, Eastleigh, the average age was 37.8 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 48, Chestnut Avenue, Eastleigh, 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 48, Chestnut Avenue, Eastleigh, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.