According to the public record, 8, Highbay Close, Eastleigh is a modern freehold house with 635 ft2 of internal area and sits on a 103 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Highbay Close, Eastleigh, SO50 is located in the borough of Eastleigh within the SO50 postal district.
8, Highbay Close, Eastleigh has 2 entries in the Land Registry database, most recently in August 2023 and a single entry in the EPC database dated March 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 8 Highbay Close Eastleigh as £288,393 and the rental value as £1,400 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 8 Highbay Close Eastleigh has increased by £7,929 (2.7%) and its rental value has increased by £81 per month (5.8%).
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, Highbay Close, Eastleigh is in very good condition we estimate a sale value of £302,813 and rental value of £1,470 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £268,206 and a rental value of £1,302 per month.
If you were able to purchase this property for the estimated value of £288,393, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,417 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, Highbay Close, Eastleigh sits on a plot of 103m2.
We have plot size data on 16 out of 16 other houses in the postcode and 8, Highbay Close, Eastleigh sits on the 6th largest plot.
According to HM Land Registry, 8, Highbay Close, Eastleigh was last sold on 03 Aug 2023 for £277,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2023, the market for similar properties has risen 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Highbay Close, Eastleigh within a radius of 470 metres over the last 2 years.
The most recent example is 10, Highbay Close, Eastleigh, SO50 9QJ, a Freehold house which sold for £287,500 in May 2023.
Read more about house prices in SO50.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Highbay Close, Eastleigh, SO50 has a total of 16 addresses. According to our analysis of all the public data, 8, Highbay Close, Eastleigh is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £47k less expensive than the average property in SO50.
8, Highbay Close, Eastleigh has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Mar 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 8, Highbay Close, Eastleigh is Eastleigh station which is 1.1 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, Highbay Close, Eastleigh, 27.6% of property is privately owned with a mortgage and 25.5% is privately owned outright.
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, Highbay Close, Eastleigh, 27.1% of residents are recorded as possessing school level qualifications and 24.1% 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, Highbay Close, Eastleigh, the average age was 36.3 and the most common age was 32.
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, Highbay Close, Eastleigh, 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, Highbay Close, Eastleigh, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.