According to the public record, 8 Castle View, Abbey Hill, Southampton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 629 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 8, Abbey Hill, Netley Abbey, Southampton, SO31.
Abbey Hill, Netley Abbey, Southampton, SO31 is located in the borough of Eastleigh within the SO31 postal district.
8 Castle View, Abbey Hill, Southampton has a single entry in the Land Registry database from January 2018 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 8 Castle View Abbey Hill Southampton as £292,625 and the rental value as £1,137 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 8 Castle View Abbey Hill Southampton has increased by £7,558 (2.6%) and its rental value has increased by £71 per month (6.3%).
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 8 Castle View, Abbey Hill, Southampton is in very good condition we estimate a sale value of £307,256 and rental value of £1,193 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,141 and a rental value of £1,057 per month.
If you were able to purchase this property for the estimated value of £292,625, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,438 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, 8 Castle View, Abbey Hill, Southampton was last sold on 10 Jan 2018 for £280,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2018, the market for similar properties has risen 11.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8 Castle View, Abbey Hill, Southampton within a radius of 940 metres over the last 2 years.
The most recent example is 3 Castle View, Abbey Hill, Southampton, SO31 5FA, a Leasehold flat which sold for £330,000 in Jan 2022.
Read more about house prices in SO31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Abbey Hill, Netley Abbey, Southampton, SO31 has a total of 51 addresses. According to our analysis of all the public data, 8 Castle View, Abbey Hill, Southampton is the 34th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £139k less expensive than the average property in SO31.
The closest station to 8 Castle View, Abbey Hill, Southampton is Netley station which is 1.3 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 8 Castle View, Abbey Hill, Southampton, 47.1% of property is privately owned outright and 31.6% 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 8 Castle View, Abbey Hill, Southampton, 14.2% of residents are recorded as possessing school level qualifications and 37.8% 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 8 Castle View, Abbey Hill, Southampton, the average age was 45.5 and the most common age was 57.
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 8 Castle View, Abbey Hill, Southampton, 2.1% 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 8 Castle View, Abbey Hill, Southampton, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.