According to the public record, 55, Providence Park, Southampton is a modern leasehold apartment with 545 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Providence Park, Southampton, SO16 is located within the SO16 postal district.
55, Providence Park, Southampton has a single entry in the Land Registry database from November 2015 and a single entry in the EPC database dated November 2008.
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 55 Providence Park Southampton as £203,674 and the rental value as £997 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 55 Providence Park Southampton has increased by £5,167 (2.5%) and its rental value has increased by £52 per month (5.2%).
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 55, Providence Park, Southampton is in very good condition we estimate a sale value of £213,858 and rental value of £1,047 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £189,417 and a rental value of £928 per month.
If you were able to purchase this property for the estimated value of £203,674, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,001 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, 55, Providence Park, Southampton was last sold on 20 Nov 2015 for £215,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2015, the market for similar properties has risen 17.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Providence Park, Southampton within a radius of 490 metres over the last 2 years.
The most recent example is 45, Providence Park, Southampton, SO16 7QW, a Leasehold flat which sold for £244,000 in Jan 2018.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Providence Park, Southampton, SO16 has a total of 85 addresses. According to our analysis of all the public data, 55, Providence Park, Southampton is the 85th largest and the 84th most expensive property on the street.
When compared to the postcode district it is £80k less expensive than the average property in SO16.
55, Providence Park, Southampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Nov 2008.
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 55, Providence Park, Southampton is Swaythling station which is 2.2 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 55, Providence Park, Southampton, 41.9% of property is privately owned outright and 35.9% 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 55, Providence Park, Southampton, 14.8% of residents are recorded as possessing school level qualifications and 54.7% 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 55, Providence Park, Southampton, the average age was 36.1 and the most common age was 17.
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 55, Providence Park, Southampton, 2.5% 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 55, Providence Park, Southampton, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.