According to the public record, 98, Loveridge Way, Eastleigh is a modern leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Loveridge Way, Eastleigh, SO50 is located in the borough of Eastleigh within the SO50 postal district.
98, Loveridge Way, Eastleigh has 41 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated February 2014.
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 98 Loveridge Way Eastleigh as £202,224 and the rental value as £1,110 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 98 Loveridge Way Eastleigh has increased by £5,120 (2.5%) and its rental value has increased by £62 per month (5.6%).
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 98, Loveridge Way, Eastleigh is in very good condition we estimate a sale value of £212,335 and rental value of £1,166 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,068 and a rental value of £1,033 per month.
If you were able to purchase this property for the estimated value of £202,224, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £994 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, 98, Loveridge Way, Eastleigh was last sold on 25 Feb 2022 for £182,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Feb 2022, the market for similar properties has risen 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 98, Loveridge Way, Eastleigh within a radius of 430 metres over the last 2 years.
The most recent example is 38, Loveridge Way, Eastleigh, SO50 9PW, a Leasehold flat which sold for £187,000 in Sep 2023.
Read more about house prices in SO50.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Loveridge Way, Eastleigh, SO50 has a total of 94 addresses. According to our analysis of all the public data, 98, Loveridge Way, Eastleigh is the 54th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £133k less expensive than the average property in SO50.
98, Loveridge Way, Eastleigh has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Feb 2014.
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 98, Loveridge Way, Eastleigh is Eastleigh station which is 700 metres 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 98, Loveridge Way, Eastleigh, 46.0% of property is privately rented and 31.5% 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 98, Loveridge Way, Eastleigh, 14.2% of residents are recorded as possessing school level qualifications and 44.7% 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 98, Loveridge Way, Eastleigh, the average age was 37.8 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 98, Loveridge Way, Eastleigh, 0.5% 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 98, Loveridge Way, Eastleigh, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.