According to the public record, 8, Chancel Road, Southampton is a modern freehold house with 1,248 ft2 of internal area and sits on a 346 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Chancel Road, Locks Heath, Southampton, SO31 is located in the borough of Fareham within the SO31 postal district.
8, Chancel Road, Southampton has 31 entries in the Land Registry database, most recently in June 2022 and a single entry in the EPC database dated March 2022.
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 8 Chancel Road Southampton as £495,122 and the rental value as £2,110 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 8 Chancel Road Southampton has increased by £12,583 (2.5%) and its rental value has increased by £132 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, Chancel Road, Southampton is in very good condition we estimate a sale value of £519,878 and rental value of £2,215 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £460,464 and a rental value of £1,962 per month.
If you were able to purchase this property for the estimated value of £495,122, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,433 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, 8, Chancel Road, Southampton sits on a plot of 346m2.
We have plot size data on 16 out of 35 other houses in the postcode and 8, Chancel Road, Southampton sits on the 5th largest plot.
According to HM Land Registry, 8, Chancel Road, Southampton was last sold on 20 Jun 2022 for £495,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jun 2022, the market for similar properties has dropped 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Chancel Road, Southampton within a radius of 560 metres over the last 2 years.
The most recent example is 47, Church Road, Southampton, SO31 6LS, a Freehold house which sold for £511,000 in Jun 2022.
Read more about house prices in SO31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chancel Road, Locks Heath, Southampton, SO31 has a total of 35 addresses. According to our analysis of all the public data, 8, Chancel Road, Southampton is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £64k more expensive than the average property in SO31.
8, Chancel Road, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Mar 2022.
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 8, Chancel Road, Southampton is Swanwick 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, Chancel Road, Southampton, 49.3% of property is privately owned outright and 46.4% 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, Chancel Road, Southampton, 19.0% of residents are recorded as possessing school level qualifications and 34.7% 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, Chancel Road, Southampton, the average age was 42.6 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, Chancel 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 8, Chancel Road, Southampton, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.