According to the public record, 79, Paynes Road, Southampton is a period leasehold house with 861 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Paynes Road, Southampton, SO15 is located within the SO15 postal district.
79, Paynes Road, Southampton has 2 entries in the Land Registry database, most recently in June 2023 and a single entry in the EPC database dated August 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 79 Paynes Road Southampton as £251,478 and the rental value as £1,429 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 79 Paynes Road Southampton has increased by £7,961 (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 79, Paynes Road, Southampton is in very good condition we estimate a sale value of £264,052 and rental value of £1,500 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,875 and a rental value of £1,329 per month.
If you were able to purchase this property for the estimated value of £251,478, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,236 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, 79, Paynes Road, Southampton was last sold on 12 Jun 2023 for £270,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Jun 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 79, Paynes Road, Southampton within a radius of 360 metres over the last 2 years.
The most recent example is 4, Queenstown Road, Southampton, SO15 3BH, a Freehold house which sold for £257,000 in Feb 2023.
Read more about house prices in SO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Paynes Road, Southampton, SO15 has a total of 350 addresses. According to our analysis of all the public data, 79, Paynes Road, Southampton is the 53rd largest and the 70th most expensive property on the street.
When compared to the postcode district it is £9k less expensive than the average property in SO15.
79, Paynes Road, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using an electric air source heat pump and radiators.
The closest station to 79, Paynes Road, Southampton is Millbrook (Hants) station which is 600 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 79, Paynes Road, Southampton, 39.2% of property is socially rented and 23.8% 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 79, Paynes Road, Southampton, 16.3% of residents are recorded as possessing school level qualifications and 27.5% 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 79, Paynes 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 79, Paynes 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 79, Paynes Road, Southampton, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.