According to the public record, 81, Wavell Road, Southampton is a mid-century leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Wavell Road, Southampton, SO18 is located within the SO18 postal district.
81, Wavell Road, Southampton has a single entry in the Land Registry database from December 2016 and a single entry in the EPC database dated August 2016.
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 81 Wavell Road Southampton as £139,813 and the rental value as £910 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 81 Wavell Road Southampton has increased by £3,638 (2.6%) and its rental value has increased by £63 per month (7.0%).
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 81, Wavell Road, Southampton is in very good condition we estimate a sale value of £146,804 and rental value of £956 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £130,026 and a rental value of £846 per month.
If you were able to purchase this property for the estimated value of £139,813, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £687 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, 81, Wavell Road, Southampton was last sold on 09 Dec 2016 for £121,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2016, the market for similar properties has risen 15.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 81, Wavell Road, Southampton within a radius of 500 metres over the last 2 years.
The most recent example is 52, Macarthur Crescent, Southampton, SO18 4SL, a Leasehold flat which sold for £140,000 in May 2024.
Read more about house prices in SO18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wavell Road, Southampton, SO18 has a total of 152 addresses. According to our analysis of all the public data, 81, Wavell Road, Southampton is the 82nd largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in SO18.
81, Wavell Road, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Aug 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to 81, Wavell Road, Southampton is Bitterne station which is 1.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 81, Wavell Road, Southampton, 57.5% of property is socially rented and 18.3% 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 81, Wavell Road, Southampton, 24.1% of residents are recorded as possessing school level qualifications and 18.4% 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 81, Wavell Road, Southampton, the average age was 40 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 81, Wavell Road, Southampton, 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 81, Wavell Road, Southampton, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.