According to the public record, 51A, Commercial Street, Southampton is a modern freehold house with 979 ft2 of internal area and sits on a 204 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Commercial Street, Southampton, SO18 is located within the SO18 postal district.
51A, Commercial Street, Southampton has 2 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated May 2022.
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 51A Commercial Street Southampton as £326,738 and the rental value as £1,617 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 51A Commercial Street Southampton has increased by £7,075 (2.2%) and its rental value has increased by £104 per month (6.4%).
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 51A, Commercial Street, Southampton is in very good condition we estimate a sale value of £343,075 and rental value of £1,698 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £303,867 and a rental value of £1,504 per month.
If you were able to purchase this property for the estimated value of £326,738, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,606 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 data from HM Land Registry, 51A, Commercial Street, Southampton sits on a plot of 204m2.
We have plot size data on 13 out of 19 other houses in the postcode and 51A, Commercial Street, Southampton sits on the 3rd largest plot.
According to HM Land Registry, 51A, Commercial Street, Southampton was last sold on 30 Sep 2022 for £350,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2022, the market for similar properties has dropped 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51A, Commercial Street, Southampton within a radius of 490 metres over the last 2 years.
The most recent example is 76, Pound Street, Southampton, SO18 6BP, a Freehold house which sold for £335,000 in Apr 2023.
Read more about house prices in SO18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Commercial Street, Southampton, SO18 has a total of 79 addresses. According to our analysis of all the public data, 51A, Commercial Street, Southampton is the 14th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £61k more expensive than the average property in SO18.
51A, Commercial Street, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 May 2022.
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 51A, Commercial Street, Southampton is Bitterne station which is 1.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 51A, Commercial Street, Southampton, 53.9% of property is privately owned outright and 31.3% 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 51A, Commercial Street, Southampton, 8.1% of residents are recorded as possessing school level qualifications and 24.1% 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 51A, Commercial Street, Southampton, the average age was 40 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 51A, Commercial Street, 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 51A, Commercial Street, Southampton, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.