According to the public record, 7, Reeves Way, Southampton is a mid-century freehold house with 807 ft2 of internal area and sits on a 108 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Reeves Way, Bursledon, Southampton, SO31 is located in the borough of Eastleigh within the SO31 postal district.
7, Reeves Way, Southampton has 31 entries in the Land Registry database, most recently in November 2023 and a single entry in the EPC database dated June 2023.
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 Reeves Way Southampton as £293,498 and the rental value as £1,567 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 7 Reeves Way Southampton has increased by £9,762 (3.3%) and its rental value has increased by £111 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, Reeves Way, Southampton is in very good condition we estimate a sale value of £308,173 and rental value of £1,646 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,953 and a rental value of £1,458 per month.
If you were able to purchase this property for the estimated value of £293,498, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,442 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, 7, Reeves Way, Southampton sits on a plot of 108m2.
We have plot size data on 19 out of 27 other houses in the postcode and 7, Reeves Way, Southampton sits on the 19th largest plot.
According to HM Land Registry, 7, Reeves Way, Southampton was last sold on 03 Nov 2023 for £285,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2023, the market for similar properties has risen 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Reeves Way, Southampton within a radius of 520 metres over the last 2 years.
The most recent example is 5, Cummins Green, Southampton, SO31 8FX, a Freehold house which sold for £280,000 in Apr 2024.
Read more about house prices in SO31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reeves Way, Bursledon, Southampton, SO31 has a total of 62 addresses. According to our analysis of all the public data, 7, Reeves Way, Southampton is the 55th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £138k less expensive than the average property in SO31.
7, Reeves Way, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jun 2023.
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, Reeves Way, Southampton is Bursledon station which is 1.1 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, Reeves Way, Southampton, 44.0% of property is privately owned with a mortgage and 38.4% 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, Reeves Way, Southampton, 19.9% of residents are recorded as possessing school level qualifications and 31.7% 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 7, Reeves Way, Southampton, the average age was 38.9 and the most common age was 32.
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, Reeves Way, Southampton, 2.0% 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, Reeves Way, 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.