According to the public record, 8, Oakwood Close, Southampton is a mid-century freehold house with 1,076 ft2 of internal area and sits on a 385 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Oakwood Close, Warsash, Southampton, SO31 is located in the borough of Fareham within the SO31 postal district.
8, Oakwood Close, Southampton has a single entry in the Land Registry database from October 2022 and a single entry in the EPC database dated February 2013.
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 Oakwood Close Southampton as £463,003 and the rental value as £1,956 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 8 Oakwood Close Southampton has increased by £18,110 (3.9%) and its rental value has increased by £150 per month (7.7%).
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, Oakwood Close, Southampton is in very good condition we estimate a sale value of £486,153 and rental value of £2,054 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £430,593 and a rental value of £1,819 per month.
If you were able to purchase this property for the estimated value of £463,003, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,276 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, Oakwood Close, Southampton sits on a plot of 385m2.
We have plot size data on 12 out of 27 other houses in the postcode and 8, Oakwood Close, Southampton sits on the 4th largest plot.
According to HM Land Registry, 8, Oakwood Close, Southampton was last sold on 21 Oct 2022 for £265,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2022, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Oakwood Close, Southampton within a radius of 900 metres over the last 2 years.
The most recent example is 95, Church Road, Southampton, SO31 9GD, a Freehold house which sold for £440,000 in Apr 2022.
Read more about house prices in SO31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakwood Close, Warsash, Southampton, SO31 has a total of 27 addresses. According to our analysis of all the public data, 8, Oakwood Close, Southampton is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £31k more expensive than the average property in SO31.
8, Oakwood Close, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Feb 2013.
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, Oakwood Close, Southampton is Swanwick station which is 3.4 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, Oakwood Close, Southampton, 47.5% of property is privately owned outright and 28.7% 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, Oakwood Close, Southampton, 18.1% of residents are recorded as possessing school level qualifications and 37.7% 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, Oakwood Close, Southampton, the average age was 44.3 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, Oakwood Close, Southampton, 0.9% 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, Oakwood Close, Southampton, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.