According to the public record, 48A, Testwood Road, Southampton is a period leasehold apartment with 444 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 48, Testwood Road, Southampton, SO15.
Testwood Road, Southampton, SO15 is located within the SO15 postal district.
48A, Testwood Road, Southampton has 2 entries in the Land Registry database, most recently in January 2011 and a single entry in the EPC database dated August 2010.
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 48A Testwood Road Southampton as £126,091 and the rental value as £884 per month giving an expected gross yield of 8.4%.
Over the last 12 months the sale value of 48A Testwood Road Southampton has increased by £3,018 (2.4%) and its rental value has increased by £48 per month (5.4%).
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 48A, Testwood Road, Southampton is in very good condition we estimate a sale value of £132,396 and rental value of £929 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £117,265 and a rental value of £822 per month.
If you were able to purchase this property for the estimated value of £126,091, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £620 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, 48A, Testwood Road, Southampton was last sold on 07 Jan 2011 for £100,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2011, the market for similar properties has risen 33.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48A, Testwood Road, Southampton within a radius of 540 metres over the last 2 years.
The most recent example is 267A, Millbrook Road West, Southampton, SO15 0HT, a Leasehold flat which sold for £138,000 in Aug 2023.
Read more about house prices in SO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Testwood Road, Southampton, SO15 has a total of 70 addresses. According to our analysis of all the public data, 48A, Testwood Road, Southampton is the 69th largest and the 68th most expensive property on the street.
When compared to the postcode district it is £134k less expensive than the average property in SO15.
48A, Testwood Road, Southampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Aug 2010.
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 48A, Testwood Road, Southampton is Millbrook (Hants) station which is 200 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 48A, Testwood Road, Southampton, 28.2% of property is privately owned with a mortgage and 25.6% is privately owned outright.
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 48A, Testwood Road, Southampton, 17.0% of residents are recorded as possessing school level qualifications and 34.3% 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 48A, Testwood Road, Southampton, the average age was 36.9 and the most common age was 42.
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 48A, Testwood Road, 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 48A, Testwood 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.