According to the public record, 6, Melrose Court, Southampton is a mid-century freehold house with 1,044 ft2 of internal area and sits on a 164 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Melrose Court, Calmore, Southampton, SO40 is located in the borough of New Forest within the SO40 postal district.
6, Melrose Court, Southampton has 31 entries in the Land Registry database, most recently in June 2007 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 6 Melrose Court Southampton as £319,424 and the rental value as £1,335 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 6 Melrose Court Southampton has increased by £10,090 (3.2%) and its rental value has increased by £60 per month (4.5%).
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 6, Melrose Court, Southampton is in very good condition we estimate a sale value of £335,395 and rental value of £1,402 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £297,064 and a rental value of £1,241 per month.
If you were able to purchase this property for the estimated value of £319,424, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,570 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, 6, Melrose Court, Southampton sits on a plot of 164m2.
We have plot size data on 10 out of 22 other houses in the postcode and 6, Melrose Court, Southampton sits on the 7th largest plot.
According to HM Land Registry, 6, Melrose Court, Southampton was last sold on 15 Jun 2007 for £180,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jun 2007, the market for similar properties has risen 62.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Melrose Court, Southampton within a radius of 540 metres over the last 2 years.
The most recent example is 2, The Spinney, Southampton, SO40 2WB, a Freehold house which sold for £300,000 in Aug 2023.
Read more about house prices in SO40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melrose Court, Calmore, Southampton, SO40 has a total of 22 addresses. According to our analysis of all the public data, 6, Melrose Court, Southampton is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £58k less expensive than the average property in SO40.
6, Melrose Court, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Nov 2022.
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 6, Melrose Court, Southampton is Totton station which is 2.5 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 6, Melrose Court, Southampton, 42.5% of property is privately owned with a mortgage and 35.0% 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 6, Melrose Court, Southampton, 17.3% of residents are recorded as possessing school level qualifications and 20.9% 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 6, Melrose Court, Southampton, the average age was 43 and the most common age was 57.
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 6, Melrose Court, Southampton, 0.7% 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 6, Melrose Court, Southampton, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.