According to the public record, 79A, Richmond Road, Southampton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 554 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 79, Richmond Road, Southampton, SO15.
Richmond Road, Southampton, SO15 is located within the SO15 postal district.
79A, Richmond Road, Southampton has a single entry in the Land Registry database from April 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 79A Richmond Road Southampton as £162,796 and the rental value as £994 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 79A Richmond Road Southampton has increased by £4,313 (2.6%) and its rental value has increased by £57 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 79A, Richmond Road, Southampton is in very good condition we estimate a sale value of £170,936 and rental value of £1,043 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £151,400 and a rental value of £924 per month.
If you were able to purchase this property for the estimated value of £162,796, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £800 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, 79A, Richmond Road, Southampton was last sold on 20 Apr 2008 for £115,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2008, the market for similar properties has risen 25.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 79A, Richmond Road, Southampton within a radius of 410 metres over the last 2 years.
The most recent example is Flat 6, Trinity Court 127, Paynes Road, Southampton, SO15 3BW, a Leasehold flat which sold for £162,000 in Feb 2024.
Read more about house prices in SO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richmond Road, Southampton, SO15 has a total of 212 addresses. According to our analysis of all the public data, 79A, Richmond Road, Southampton is the 134th largest and the 117th most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in SO15.
The closest station to 79A, Richmond Road, Southampton is Millbrook (Hants) station which is 300 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 79A, Richmond Road, Southampton, 39.6% of property is privately rented and 32.6% 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 79A, Richmond Road, Southampton, 19.9% of residents are recorded as possessing school level qualifications and 38.2% 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 79A, Richmond Road, 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 79A, Richmond 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 79A, Richmond Road, Southampton, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.