According to the public record, 86, James Weld Close, Southampton is a modern leasehold apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
James Weld Close, Southampton, SO15 is located within the SO15 postal district.
86, James Weld Close, Southampton has 2 entries in the Land Registry database, most recently in March 2018 and a single entry in the EPC database dated March 2023.
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 86 James Weld Close Southampton as £161,973 and the rental value as £808 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 86 James Weld Close Southampton has increased by £4,062 (2.5%) and its rental value has increased by £45 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 86, James Weld Close, Southampton is in very good condition we estimate a sale value of £170,072 and rental value of £848 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,635 and a rental value of £751 per month.
If you were able to purchase this property for the estimated value of £161,973, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £796 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, 86, James Weld Close, Southampton was last sold on 28 Mar 2018 for £141,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2018, the market for similar properties has risen 7.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 86, James Weld Close, Southampton within a radius of 350 metres over the last 2 years.
The most recent example is 82, James Weld Close, Southampton, SO15 2YA, a Leasehold flat which sold for £155,000 in Feb 2023.
Read more about house prices in SO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
James Weld Close, Southampton, SO15 has a total of 107 addresses. According to our analysis of all the public data, 86, James Weld Close, Southampton is the 100th largest and the 101st most expensive property on the street.
When compared to the postcode district it is £98k less expensive than the average property in SO15.
86, James Weld Close, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Mar 2023.
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 86, James Weld Close, Southampton is Southampton Central 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 86, James Weld Close, Southampton, 65.0% of property is privately rented and 23.7% is socially 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 86, James Weld Close, Southampton, 69.3% of residents are recorded as possessing school level qualifications and 20.9% 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 86, James Weld Close, Southampton, the average age was 30.4 and the most common age was 22.
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 86, James Weld Close, Southampton, 0.2% 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 86, James Weld Close, Southampton, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.