According to the public record, 22B, Oconnell Road, Eastleigh is a mid-century leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 22, Oconnell Road, Eastleigh, SO50.
Oconnell Road, Eastleigh, SO50 is located in the borough of Eastleigh within the SO50 postal district.
22B, Oconnell Road, Eastleigh has 51 entries in the Land Registry database, most recently in July 2020 and a single entry in the EPC database dated February 2020.
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 22B Oconnell Road Eastleigh as £209,362 and the rental value as £1,082 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 22B Oconnell Road Eastleigh has increased by £5,371 (2.6%) and its rental value has increased by £61 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 22B, Oconnell Road, Eastleigh is in very good condition we estimate a sale value of £219,830 and rental value of £1,136 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,706 and a rental value of £1,006 per month.
If you were able to purchase this property for the estimated value of £209,362, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,029 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, 22B, Oconnell Road, Eastleigh was last sold on 22 Jul 2020 for £200,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Jul 2020, the market for similar properties has risen 9.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22B, Oconnell Road, Eastleigh within a radius of 580 metres over the last 2 years.
The most recent example is 92, Tinning Way, Eastleigh, SO50 9QH, a Leasehold flat which sold for £202,500 in Feb 2024.
Read more about house prices in SO50.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oconnell Road, Eastleigh, SO50 has a total of 29 addresses. According to our analysis of all the public data, 22B, Oconnell Road, Eastleigh is the 29th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in SO50.
22B, Oconnell Road, Eastleigh has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Feb 2020.
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 22B, Oconnell Road, Eastleigh is Eastleigh station which is 1.3 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 22B, Oconnell Road, Eastleigh, 46.3% of property is privately owned outright and 28.7% 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 22B, Oconnell Road, Eastleigh, 16.6% of residents are recorded as possessing school level qualifications and 27.5% 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 22B, Oconnell Road, Eastleigh, the average age was 36.3 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 22B, Oconnell Road, Eastleigh, 0.8% 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 22B, Oconnell Road, Eastleigh, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.