According to the public record, 5, Elder Close, Southampton is a modern freehold house with 796 ft2 of internal area and sits on a 158 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Elder Close, Locks Heath, Southampton, SO31 is located in the borough of Fareham within the SO31 postal district.
5, Elder Close, Southampton has 31 entries in the Land Registry database, most recently in October 2018 and a single entry in the EPC database dated June 2017.
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 5 Elder Close Southampton as £328,679 and the rental value as £1,659 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 5 Elder Close Southampton has increased by £13,149 (4.0%) and its rental value has increased by £127 per month (7.6%).
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 5, Elder Close, Southampton is in very good condition we estimate a sale value of £345,113 and rental value of £1,742 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £305,672 and a rental value of £1,543 per month.
If you were able to purchase this property for the estimated value of £328,679, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,615 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, 5, Elder Close, Southampton sits on a plot of 158m2.
We have plot size data on 10 out of 11 other houses in the postcode and 5, Elder Close, Southampton sits on the 7th largest plot.
According to HM Land Registry, 5, Elder Close, Southampton was last sold on 29 Oct 2018 for £275,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2018, the market for similar properties has risen 23.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Elder Close, Southampton within a radius of 530 metres over the last 2 years.
The most recent example is 1, Elder Close, Southampton, SO31 6SB, a Freehold house which sold for £349,950 in Nov 2022.
Read more about house prices in SO31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elder Close, Locks Heath, Southampton, SO31 has a total of 11 addresses. According to our analysis of all the public data, 5, Elder Close, Southampton is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £103k less expensive than the average property in SO31.
5, Elder Close, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jun 2017.
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 5, Elder Close, Southampton is Swanwick station which is 2.3 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 5, Elder Close, Southampton, 39.5% of property is privately owned with a mortgage and 36.7% 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 5, Elder Close, Southampton, 14.8% of residents are recorded as possessing school level qualifications and 35.8% 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 5, Elder Close, Southampton, the average age was 45.5 and the most common age was 57.
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 5, Elder 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 5, Elder Close, Southampton, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.