According to the public record, 9 Elmfield West Block, Southampton is a period leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in Elmfield West Block, Millbrook Road East, Southampton, SO15.
Millbrook Road East, Southampton, SO15 is located within the SO15 postal district.
9 Elmfield West Block, Southampton has 61 entries in the Land Registry database, most recently in January 2020 and a single entry in the EPC database dated May 2012.
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 9 Elmfield West Block Southampton as £158,716 and the rental value as £1,019 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 9 Elmfield West Block Southampton has increased by £4,268 (2.7%) and its rental value has increased by £58 per month (5.7%).
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 9 Elmfield West Block, Southampton is in very good condition we estimate a sale value of £166,652 and rental value of £1,070 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £147,606 and a rental value of £948 per month.
If you were able to purchase this property for the estimated value of £158,716, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £780 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, 9 Elmfield West Block, Southampton was last sold on 09 Jan 2020 for £155,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Jan 2020, the market for similar properties has risen 11.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9 Elmfield West Block, Southampton within a radius of 520 metres over the last 2 years.
The most recent example is 25, Roberts Road, Southampton, SO15 5DF, a Leasehold flat which sold for £152,500 in Apr 2022.
Read more about house prices in SO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millbrook Road East, Southampton, SO15 has a total of 620 addresses. According to our analysis of all the public data, 9 Elmfield West Block, Southampton is the 124th largest and the 275th most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in SO15.
9 Elmfield West Block, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 May 2012.
The property is connected to mains gas and has single glazed windows. It is heated using a community scheme.
The closest station to 9 Elmfield West Block, Southampton is Southampton Central station which is 500 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 9 Elmfield West Block, Southampton, 61.8% of property is privately rented and 22.1% 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 9 Elmfield West Block, Southampton, 11.0% of residents are recorded as possessing school level qualifications and 48.2% 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 9 Elmfield West Block, Southampton, the average age was 36.8 and the most common age was 27.
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 9 Elmfield West Block, 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 9 Elmfield West Block, 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.