According to the public record, 54, Paynes Road, Southampton is a period freehold house with 764 ft2 of internal area and sits on a 152 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Paynes Road, Southampton, SO15 is located within the SO15 postal district.
54, Paynes Road, Southampton has a single entry in the Land Registry database from August 2020 and a single entry in the EPC database dated March 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 54 Paynes Road Southampton as £257,016 and the rental value as £1,403 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 54 Paynes Road Southampton has increased by £8,469 (3.3%) and its rental value has increased by £89 per month (6.4%).
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, Paynes Road, Southampton is in very good condition we estimate a sale value of £269,867 and rental value of £1,473 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £239,025 and a rental value of £1,305 per month.
If you were able to purchase this property for the estimated value of £257,016, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,263 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, 54, Paynes Road, Southampton sits on a plot of 152m2.
We have plot size data on 9 out of 15 other houses in the postcode and 54, Paynes Road, Southampton sits on the 10th largest plot.
According to HM Land Registry, 54, Paynes Road, Southampton was last sold on 27 Aug 2020 for £192,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2020, the market for similar properties has risen 14.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 54, Paynes Road, Southampton within a radius of 350 metres over the last 2 years.
The most recent example is 4, Queenstown Road, Southampton, SO15 3BH, a Freehold house which sold for £257,000 in Feb 2023.
Read more about house prices in SO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Paynes Road, Southampton, SO15 has a total of 350 addresses. According to our analysis of all the public data, 54, Paynes Road, Southampton is the 61st largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £3k less expensive than the average property in SO15.
54, Paynes Road, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Mar 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 54, Paynes Road, Southampton is Millbrook (Hants) station which is 600 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 54, Paynes Road, Southampton, 43.9% of property is privately rented and 27.7% 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 54, Paynes Road, Southampton, 14.6% of residents are recorded as possessing school level qualifications and 36.0% 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, Paynes 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 54, Paynes 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 54, Paynes Road, Southampton, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.