According to the public record, 71, Palm Road, Southampton is a early-century freehold house with 850 ft2 of internal area and sits on a 206 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Palm Road, Southampton, SO16 is located within the SO16 postal district.
71, Palm Road, Southampton has a single entry in the Land Registry database from July 2015 and a single entry in the EPC database dated February 2015.
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 Palm Road Southampton as £249,310 and the rental value as £1,440 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 71 Palm Road Southampton has increased by £7,871 (3.2%) and its rental value has increased by £74 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 71, Palm Road, Southampton is in very good condition we estimate a sale value of £261,776 and rental value of £1,513 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £231,859 and a rental value of £1,340 per month.
If you were able to purchase this property for the estimated value of £249,310, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,225 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, 71, Palm Road, Southampton sits on a plot of 206m2.
We have plot size data on 12 out of 32 other houses in the postcode and 71, Palm Road, Southampton sits on the 3rd largest plot.
According to HM Land Registry, 71, Palm Road, Southampton was last sold on 10 Jul 2015 for £152,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2015, the market for similar properties has risen 37.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 71, Palm Road, Southampton within a radius of 520 metres over the last 2 years.
The most recent example is 11, Larch Road, Southampton, SO16 5ES, a Freehold house which sold for £220,000 in Dec 2023.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palm Road, Southampton, SO16 has a total of 120 addresses. According to our analysis of all the public data, 71, Palm Road, Southampton is the 31st largest and the 44th most expensive property on the street.
When compared to the postcode district it is £34k less expensive than the average property in SO16.
71, Palm Road, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Feb 2015.
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, Palm Road, Southampton is Millbrook (Hants) station which is 2.8 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, Palm Road, Southampton, 44.4% of property is socially rented and 24.7% is privately owned with a mortgage.
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, Palm Road, Southampton, 19.9% of residents are recorded as possessing school level qualifications and 28.1% 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, Palm Road, Southampton, the average age was 41.5 and the most common age was 47.
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, Palm Road, Southampton, 0.3% 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, Palm Road, Southampton, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.