According to the public record, 88, Kern Close, Southampton is a modern leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Kern Close, Southampton, SO16 is located within the SO16 postal district.
88, Kern Close, Southampton has 21 entries in the Land Registry database, most recently in November 2015 and a single entry in the EPC database dated May 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 88 Kern Close Southampton as £133,984 and the rental value as £922 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of 88 Kern Close Southampton has increased by £3,375 (2.5%) and its rental value has increased by £42 per month (4.6%).
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 88, Kern Close, Southampton is in very good condition we estimate a sale value of £140,683 and rental value of £968 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £124,605 and a rental value of £857 per month.
If you were able to purchase this property for the estimated value of £133,984, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £658 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, 88, Kern Close, Southampton was last sold on 23 Nov 2015 for £96,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2015, the market for similar properties has risen 22.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 88, Kern Close, Southampton within a radius of 460 metres over the last 2 years.
The most recent example is 69, Kern Close, Southampton, SO16 9RD, a Leasehold flat which sold for £118,000 in Sep 2021.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kern Close, Southampton, SO16 has a total of 106 addresses. According to our analysis of all the public data, 88, Kern Close, Southampton is the 36th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £150k less expensive than the average property in SO16.
88, Kern Close, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 May 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 88, Kern Close, Southampton is Redbridge station which is 2.0 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 88, Kern Close, Southampton, 34.6% of property is privately owned with a mortgage and 28.7% 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 88, Kern Close, Southampton, 17.0% of residents are recorded as possessing school level qualifications and 35.3% 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 88, Kern Close, Southampton, the average age was 37.9 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 88, Kern Close, 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 88, Kern Close, Southampton, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.