According to the public record, Riversfield Court 5, Southampton is a modern leasehold apartment with 947 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Riversfield Court, Selby Place, Southampton, SO15.
Selby Place, Southampton, SO15 is located within the SO15 postal district.
Riversfield Court 5, Southampton has a single entry in the Land Registry database from August 2017 and a single entry in the EPC database dated June 2024.
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 Riversfield Court 5 Southampton as £188,089 and the rental value as £1,163 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of Riversfield Court 5 Southampton has increased by £5,142 (2.7%) and its rental value has increased by £67 per month (5.8%).
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 Riversfield Court 5, Southampton is in very good condition we estimate a sale value of £197,494 and rental value of £1,221 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £174,923 and a rental value of £1,082 per month.
If you were able to purchase this property for the estimated value of £188,089, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £924 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, Riversfield Court 5, Southampton was last sold on 11 Aug 2017 for £64,750 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2017, the market for similar properties has risen 6.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Riversfield Court 5, Southampton within a radius of 410 metres over the last 2 years.
The most recent example is Flat G, 2, Newlands Avenue, Southampton, SO15 5ER, a Leasehold flat which sold for £198,500 in Mar 2022.
Read more about house prices in SO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Selby Place, Southampton, SO15 has a total of 85 addresses. According to our analysis of all the public data, Riversfield Court 5, Southampton is the 16th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £72k less expensive than the average property in SO15.
Riversfield Court 5, Southampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Jun 2024.
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 Riversfield Court 5, Southampton is Millbrook (Hants) station which is 900 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 Riversfield Court 5, Southampton, 57.7% of property is privately rented and 18.3% is socially 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 Riversfield Court 5, Southampton, 9.5% of residents are recorded as possessing school level qualifications and 35.9% 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 Riversfield Court 5, Southampton, the average age was 38.5 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 Riversfield Court 5, 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 Riversfield Court 5, Southampton, 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.