According to the public record, 54, Oakfield Gardens, Southampton is a modern leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Oakfield Gardens, Southampton, SO16 is located within the SO16 postal district.
54, Oakfield Gardens, Southampton has a single entry in the Land Registry database from April 2024 and a single entry in the EPC database dated November 2022.
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 54 Oakfield Gardens Southampton as £132,271 and the rental value as £900 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 54 Oakfield Gardens Southampton has increased by £3,279 (2.5%) and its rental value has increased by £44 per month (4.9%).
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 54, Oakfield Gardens, Southampton is in very good condition we estimate a sale value of £138,885 and rental value of £945 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £123,012 and a rental value of £837 per month.
If you were able to purchase this property for the estimated value of £132,271, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £650 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, 54, Oakfield Gardens, Southampton was last sold on 03 Apr 2024 for £139,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2024, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 54, Oakfield Gardens, Southampton within a radius of 450 metres over the last 2 years.
The most recent example is 48, Oakfield Gardens, Southampton, SO16 6DE, a Leasehold flat which sold for £145,000 in Oct 2023.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakfield Gardens, Southampton, SO16 has a total of 63 addresses. According to our analysis of all the public data, 54, Oakfield Gardens, Southampton is the 62nd largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in SO16.
54, Oakfield Gardens, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Nov 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 54, Oakfield Gardens, Southampton is Millbrook (Hants) station which is 1.9 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 54, Oakfield Gardens, Southampton, 44.1% of property is privately rented and 27.1% 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 54, Oakfield Gardens, Southampton, 18.7% of residents are recorded as possessing school level qualifications and 43.8% 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 54, Oakfield Gardens, Southampton, the average age was 36.4 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 54, Oakfield Gardens, 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 54, Oakfield Gardens, Southampton, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.