According to the public record, 7, Hornby Close, Southampton is a mid-century leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Hornby Close, Warsash, Southampton, SO31 is located in the borough of Fareham within the SO31 postal district.
7, Hornby Close, Southampton has 3 entries in the Land Registry database, most recently in August 2013 and a single entry in the EPC database dated September 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 7 Hornby Close Southampton as £217,284 and the rental value as £1,222 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 7 Hornby Close Southampton has increased by £7,264 (3.3%) and its rental value has increased by £86 per month (7.1%).
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 7, Hornby Close, Southampton is in very good condition we estimate a sale value of £228,148 and rental value of £1,283 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £202,074 and a rental value of £1,136 per month.
If you were able to purchase this property for the estimated value of £217,284, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,068 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, 7, Hornby Close, Southampton was last sold on 02 Aug 2013 for £129,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2013, the market for similar properties has risen 47.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Hornby Close, Southampton within a radius of 1.0 kilometres over the last 2 years.
The most recent example is Flat 6, Harley Court, Church Road, Southampton, SO31 9GD, a Leasehold flat which sold for £222,500 in Apr 2023.
Read more about house prices in SO31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hornby Close, Warsash, Southampton, SO31 has a total of 45 addresses. According to our analysis of all the public data, 7, Hornby Close, Southampton is the 38th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £214k less expensive than the average property in SO31.
7, Hornby Close, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Sep 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 7, Hornby Close, Southampton is Hamble station which is 3.7 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 7, Hornby Close, Southampton, 34.9% of property is privately owned with a mortgage and 29.4% 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 7, Hornby Close, Southampton, 19.9% of residents are recorded as possessing school level qualifications and 27.0% 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 7, Hornby Close, Southampton, the average age was 44.3 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 7, Hornby Close, 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 7, Hornby Close, 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.