According to the public record, 5, Prospect Place, Eastleigh is a mid-century apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Prospect Place, Chandler's Ford, Eastleigh, SO53 is located in the borough of Eastleigh within the SO53 postal district.
5, Prospect Place, Eastleigh has no records in the Land Registry database and a single entry in the EPC database dated January 2015.
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 5 Prospect Place Eastleigh as £149,512 and the rental value as £760 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 5 Prospect Place Eastleigh has increased by £5,024 (3.4%) and its rental value has increased by £40 per month (5.3%).
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 5, Prospect Place, Eastleigh is in very good condition we estimate a sale value of £156,988 and rental value of £798 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £139,046 and a rental value of £707 per month.
If you were able to purchase this property for the estimated value of £149,512, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £735 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 3 sales of properties similar to 5, Prospect Place, Eastleigh within a radius of 650 metres over the last 2 years.
The most recent example is 57, Meon Crescent, Eastleigh, SO53 2PA, a Leasehold flat which sold for £150,000 in May 2020.
Read more about house prices in SO53.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Place, Chandler's Ford, Eastleigh, SO53 has a total of 24 addresses. According to our analysis of all the public data, 5, Prospect Place, Eastleigh is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £326k less expensive than the average property in SO53.
5, Prospect Place, Eastleigh has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jan 2015.
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, Prospect Place, Eastleigh is Chandlers Ford station which is 300 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, Prospect Place, Eastleigh, 69.7% of property is socially rented and 11.1% 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 5, Prospect Place, Eastleigh, 7.1% of residents are recorded as possessing school level qualifications and 11.9% 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, Prospect Place, Eastleigh, the average age was 45.9 and the most common age was 72.
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, Prospect Place, 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 5, Prospect Place, Eastleigh, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.