According to the public record, 71, Colne Avenue, Southampton is a mid-century leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Colne Avenue, Southampton, SO16 is located within the SO16 postal district.
71, Colne Avenue, Southampton has 21 entries in the Land Registry database, most recently in August 2022 and a single entry in the EPC database dated August 2013.
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 71 Colne Avenue Southampton as £116,557 and the rental value as £812 per month giving an expected gross yield of 8.4%.
Over the last 12 months the sale value of 71 Colne Avenue Southampton has increased by £2,789 (2.4%) and its rental value has increased by £37 per month (4.5%).
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 71, Colne Avenue, Southampton is in very good condition we estimate a sale value of £122,385 and rental value of £853 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £108,398 and a rental value of £755 per month.
If you were able to purchase this property for the estimated value of £116,557, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £573 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, 71, Colne Avenue, Southampton was last sold on 19 Aug 2022 for £120,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2022, the market for similar properties has dropped 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 71, Colne Avenue, Southampton within a radius of 620 metres over the last 2 years.
The most recent example is 224, Windermere Avenue, Southampton, SO16 9FW, a Leasehold flat which sold for £106,000 in Oct 2022.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Colne Avenue, Southampton, SO16 has a total of 80 addresses. According to our analysis of all the public data, 71, Colne Avenue, Southampton is the 68th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in SO16.
71, Colne Avenue, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Aug 2013.
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 71, Colne Avenue, Southampton is Redbridge 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 71, Colne Avenue, Southampton, 28.4% of property is privately owned with a mortgage and 25.5% is privately rented.
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 71, Colne Avenue, Southampton, 21.9% of residents are recorded as possessing school level qualifications and 22.1% 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 71, Colne Avenue, 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 71, Colne Avenue, 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 71, Colne Avenue, Southampton, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.