According to the public record, 62, Lambourne Drive, Southampton is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 602 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Lambourne Drive, Locks Heath, Southampton, SO31 is located in the borough of Fareham within the SO31 postal district.
62, Lambourne Drive, Southampton has 31 entries in the Land Registry database, most recently in July 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 62 Lambourne Drive Southampton as £287,902 and the rental value as £1,448 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 62 Lambourne Drive Southampton has increased by £11,530 (4.0%) and its rental value has increased by £112 per month (7.7%).
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 62, Lambourne Drive, Southampton is in very good condition we estimate a sale value of £302,297 and rental value of £1,521 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £267,749 and a rental value of £1,347 per month.
If you were able to purchase this property for the estimated value of £287,902, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,415 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, 62, Lambourne Drive, Southampton was last sold on 31 Jul 2006 for £162,950 and was recorded as a freehold house.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Lambourne Drive, Southampton within a radius of 620 metres over the last 2 years.
The most recent example is 48, Lambourne Drive, Southampton, SO31 6TY, a Freehold house which sold for £342,500 in Oct 2022.
Read more about house prices in SO31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lambourne Drive, Locks Heath, Southampton, SO31 has a total of 63 addresses. According to our analysis of all the public data, 62, Lambourne Drive, Southampton is the 52nd largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £144k less expensive than the average property in SO31.
The closest station to 62, Lambourne Drive, Southampton is Swanwick station which is 1.6 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 62, Lambourne Drive, Southampton, 50.3% of property is privately owned outright and 28.9% 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 62, Lambourne Drive, Southampton, 11.9% of residents are recorded as possessing school level qualifications and 37.7% 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 62, Lambourne Drive, Southampton, the average age was 45.5 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 62, Lambourne Drive, Southampton, 1.2% 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 62, Lambourne Drive, Southampton, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.