According to the public record, 7, Thirlmere Road, Southampton is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 481 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Thirlmere Road, Southampton, SO16 is located within the SO16 postal district.
7, Thirlmere Road, Southampton has a single entry in the Land Registry database from February 2022 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 7 Thirlmere Road Southampton as £175,470 and the rental value as £1,050 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 7 Thirlmere Road Southampton has increased by £5,443 (3.1%) and its rental value has increased by £54 per month (5.2%).
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, Thirlmere Road, Southampton is in very good condition we estimate a sale value of £184,243 and rental value of £1,102 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £163,187 and a rental value of £976 per month.
If you were able to purchase this property for the estimated value of £175,470, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £862 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, Thirlmere Road, Southampton was last sold on 17 Feb 2022 for £100,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2022, the market for similar properties has risen 1.5%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 7, Thirlmere Road, Southampton within a radius of 480 metres over the last 2 years.
The most recent example is 56, Cowley Close, Southampton, SO16 9WE, a Freehold house which sold for £175,000 in May 2020.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thirlmere Road, Southampton, SO16 has a total of 108 addresses. According to our analysis of all the public data, 7, Thirlmere Road, Southampton is the 108th largest and the 78th most expensive property on the street.
When compared to the postcode district it is £108k less expensive than the average property in SO16.
The closest station to 7, Thirlmere Road, Southampton is Redbridge station which is 1.5 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 7, Thirlmere Road, Southampton, 40.3% of property is privately owned with a mortgage and 23.4% 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, Thirlmere Road, Southampton, 14.7% of residents are recorded as possessing school level qualifications and 16.3% 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, Thirlmere Road, Southampton, the average age was 37.9 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, Thirlmere 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, Thirlmere Road, 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.