According to the public record, 8, Thorn Close, Eastleigh is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,382 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Thorn Close, Eastleigh, SO50 is located in the borough of Eastleigh within the SO50 postal district.
8, Thorn Close, Eastleigh has 21 entries in the Land Registry database, most recently in March 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 Thorn Close Eastleigh as £486,876 and the rental value as £1,952 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 8 Thorn Close Eastleigh has increased by £9,418 (1.9%) and its rental value has increased by £95 per month (4.9%).
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, Thorn Close, Eastleigh is in very good condition we estimate a sale value of £511,220 and rental value of £2,049 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £452,795 and a rental value of £1,815 per month.
If you were able to purchase this property for the estimated value of £486,876, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,393 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, Thorn Close, Eastleigh was last sold on 17 Mar 2016 for £434,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2016, the market for similar properties has risen 24.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Thorn Close, Eastleigh within a radius of 540 metres over the last 2 years.
The most recent example is 7, Royston Avenue, Eastleigh, SO50 4NH, a Freehold house which sold for £442,000 in Jan 2023.
Read more about house prices in SO50.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thorn Close, Eastleigh, SO50 has a total of 8 addresses. According to our analysis of all the public data, 8, Thorn Close, Eastleigh is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £152k more expensive than the average property in SO50.
The closest station to 8, Thorn Close, Eastleigh is Eastleigh station which is 1.2 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, Thorn Close, Eastleigh, 43.6% of property is privately owned outright and 33.6% 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, Thorn Close, Eastleigh, 15.3% of residents are recorded as possessing school level qualifications and 26.6% 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, Thorn Close, Eastleigh, the average age was 40.2 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, Thorn Close, Eastleigh, 0.6% 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, Thorn Close, Eastleigh, 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.