According to the public record, 7, Richmond Road, Southampton is a modern freehold house with 1,076 ft2 of internal area and sits on a 183 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Richmond Road, Southampton, SO15 is located within the SO15 postal district.
7, Richmond Road, Southampton has 31 entries in the Land Registry database, most recently in December 2017 and a single entry in the EPC database dated October 2017.
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 Richmond Road Southampton as £260,255 and the rental value as £1,430 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 7 Richmond Road Southampton has increased by £8,239 (3.2%) and its rental value has increased by £89 per month (6.2%).
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 7, Richmond Road, Southampton is in very good condition we estimate a sale value of £273,268 and rental value of £1,501 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £242,037 and a rental value of £1,329 per month.
If you were able to purchase this property for the estimated value of £260,255, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,279 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, Richmond Road, Southampton sits on a plot of 183m2.
We have plot size data on 17 out of 30 other houses in the postcode and 7, Richmond Road, Southampton sits on the 17th largest plot.
According to HM Land Registry, 7, Richmond Road, Southampton was last sold on 07 Dec 2017 for £230,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2017, the market for similar properties has risen 15.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Richmond Road, Southampton within a radius of 370 metres over the last 2 years.
The most recent example is 31, Richmond Road, Southampton, SO15 3FT, a Freehold house which sold for £260,000 in Apr 2022.
Read more about house prices in SO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richmond Road, Southampton, SO15 has a total of 212 addresses. According to our analysis of all the public data, 7, Richmond Road, Southampton is the 42nd largest and the 67th most expensive property on the street.
When compared to the postcode district it is £265 more expensive than the average property in SO15.
7, Richmond Road, Southampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Oct 2017.
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, Richmond Road, Southampton is Millbrook (Hants) station which is 500 metres 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, Richmond Road, Southampton, 43.4% of property is privately rented and 25.7% 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, Richmond Road, Southampton, 11.1% of residents are recorded as possessing school level qualifications and 40.5% 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, Richmond Road, Southampton, the average age was 36.8 and the most common age was 27.
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, Richmond Road, 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, Richmond Road, Southampton, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.