According to the public record, 8, Goldcrest Lane, Southampton is a modern leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Goldcrest Lane, Totton, Southampton, SO40 is located in the borough of New Forest within the SO40 postal district.
8, Goldcrest Lane, Southampton has 21 entries in the Land Registry database, most recently in August 2014 and a single entry in the EPC database dated April 2014.
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 Goldcrest Lane Southampton as £184,294 and the rental value as £788 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 8 Goldcrest Lane Southampton has increased by £4,664 (2.5%) and its rental value has increased by £30 per month (3.8%).
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, Goldcrest Lane, Southampton is in very good condition we estimate a sale value of £193,508 and rental value of £828 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,393 and a rental value of £733 per month.
If you were able to purchase this property for the estimated value of £184,294, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £906 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, Goldcrest Lane, Southampton was last sold on 07 Aug 2014 for £127,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2014, the market for similar properties has risen 36.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Goldcrest Lane, Southampton within a radius of 580 metres over the last 2 years.
The most recent example is 21, The Bramblings, Southampton, SO40 8UP, a Leasehold flat which sold for £179,995 in Sep 2022.
Read more about house prices in SO40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Goldcrest Lane, Totton, Southampton, SO40 has a total of 14 addresses. According to our analysis of all the public data, 8, Goldcrest Lane, Southampton is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £193k less expensive than the average property in SO40.
8, Goldcrest Lane, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Apr 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 8, Goldcrest Lane, Southampton is Totton station which is 2.4 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, Goldcrest Lane, Southampton, 44.6% of property is privately owned with a mortgage and 27.3% 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 8, Goldcrest Lane, Southampton, 18.0% of residents are recorded as possessing school level qualifications and 30.1% 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 8, Goldcrest Lane, Southampton, the average age was 41.4 and the most common age was 52.
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, Goldcrest Lane, 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 8, Goldcrest Lane, 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.