According to the public record, 5, Elgin Road, Southampton is a modern freehold house with 613 ft2 of internal area and sits on a 161 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Elgin Road, Southampton, SO15 is located within the SO15 postal district.
5, Elgin Road, Southampton has 21 entries in the Land Registry database, most recently in May 2019 and a single entry in the EPC database dated January 2019.
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 Elgin Road Southampton as £209,826 and the rental value as £1,215 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 5 Elgin Road Southampton has increased by £7,459 (3.6%) and its rental value has increased by £81 per month (6.6%).
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, Elgin Road, Southampton is in very good condition we estimate a sale value of £220,317 and rental value of £1,276 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £195,138 and a rental value of £1,130 per month.
If you were able to purchase this property for the estimated value of £209,826, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,031 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, Elgin Road, Southampton sits on a plot of 161m2.
We have plot size data on 21 out of 26 other houses in the postcode and 5, Elgin Road, Southampton sits on the 11th largest plot.
According to HM Land Registry, 5, Elgin Road, Southampton was last sold on 24 May 2019 for £230,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2019, the market for similar properties has risen 17.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Elgin Road, Southampton within a radius of 490 metres over the last 2 years.
The most recent example is 2A, Elgin Road, Southampton, SO15 1JP, a Freehold house which sold for £230,000 in Aug 2022.
Read more about house prices in SO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elgin Road, Southampton, SO15 has a total of 37 addresses. According to our analysis of all the public data, 5, Elgin Road, Southampton is the 25th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £50k less expensive than the average property in SO15.
5, Elgin Road, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jan 2019.
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, Elgin Road, Southampton is Millbrook (Hants) station which is 700 metres 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, Elgin Road, Southampton, 36.3% of property is privately rented and 31.2% 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 5, Elgin Road, Southampton, 20.5% of residents are recorded as possessing school level qualifications and 38.5% 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, Elgin Road, Southampton, the average age was 36.8 and the most common age was 27.
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, Elgin Road, 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, Elgin 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.