According to the public record, 124A, Lower Northam Road, Southampton is a modern leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 124, Lower Northam Road, Hedge End, Southampton, SO30.
Lower Northam Road, Hedge End, Southampton, SO30 is located in the borough of Eastleigh within the SO30 postal district.
124A, Lower Northam Road, Southampton has 2 entries in the Land Registry database, most recently in July 2015 and a single entry in the EPC database dated April 2015.
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 124A Lower Northam Road Southampton as £186,977 and the rental value as £778 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 124A Lower Northam Road Southampton has increased by £3,771 (2.0%) and its rental value has increased by £41 per month (5.2%).
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 124A, Lower Northam Road, Southampton is in very good condition we estimate a sale value of £196,326 and rental value of £817 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £173,889 and a rental value of £723 per month.
If you were able to purchase this property for the estimated value of £186,977, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £919 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, 124A, Lower Northam Road, Southampton was last sold on 31 Jul 2015 for £155,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2015, the market for similar properties has risen 17.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 124A, Lower Northam Road, Southampton within a radius of 710 metres over the last 2 years.
The most recent example is Flat 5, The Hedge Rows 62, Lower Northam Road, Southampton, SO30 4FG, a Leasehold flat which sold for £190,000 in May 2024.
Read more about house prices in SO30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Northam Road, Hedge End, Southampton, SO30 has a total of 161 addresses. According to our analysis of all the public data, 124A, Lower Northam Road, Southampton is the 141st largest and the 133rd most expensive property on the street.
When compared to the postcode district it is £184k less expensive than the average property in SO30.
124A, Lower Northam Road, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Apr 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 124A, Lower Northam Road, Southampton is Hedge End station which is 1.9 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 124A, Lower Northam Road, Southampton, 46.0% of property is privately owned outright and 34.5% 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 124A, Lower Northam Road, Southampton, 12.1% of residents are recorded as possessing school level qualifications and 21.9% 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 124A, Lower Northam Road, Southampton, the average age was 43.6 and the most common age was 57.
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 124A, Lower Northam Road, Southampton, 0.6% 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 124A, Lower Northam Road, Southampton, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.