According to the public record, 8, The Parkway, Southampton is a mid-century leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 8, The Parkway, Southampton, SO16.
The Parkway, Southampton, SO16 is located within the SO16 postal district.
8, The Parkway, Southampton has 2 entries in the Land Registry database, most recently in July 2019 and a single entry in the EPC database dated July 2019.
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 The Parkway Southampton as £178,174 and the rental value as £902 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 8 The Parkway Southampton has increased by £4,460 (2.5%) and its rental value has increased by £50 per month (5.5%).
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, The Parkway, Southampton is in very good condition we estimate a sale value of £187,083 and rental value of £948 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £165,702 and a rental value of £839 per month.
If you were able to purchase this property for the estimated value of £178,174, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £876 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, The Parkway, Southampton was last sold on 25 Jul 2019 for £150,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2019, the market for similar properties has risen 10.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, The Parkway, Southampton within a radius of 420 metres over the last 2 years.
The most recent example is 4, The Parkway, Southampton, SO16 3PQ, a Leasehold flat which sold for £164,000 in Jan 2017.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Parkway, Southampton, SO16 has a total of 108 addresses. According to our analysis of all the public data, 8, The Parkway, Southampton is the 105th largest and the 104th most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in SO16.
8, The Parkway, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jul 2019.
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, The Parkway, Southampton is Swaythling station which is 1.4 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, The Parkway, Southampton, 39.5% of property is privately owned outright and 30.7% 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, The Parkway, Southampton, 20.1% of residents are recorded as possessing school level qualifications and 58.3% 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, The Parkway, Southampton, the average age was 36.1 and the most common age was 17.
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, The Parkway, Southampton, 1.1% 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, The Parkway, Southampton, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.