According to the public record, 296B, Leigh Road, Eastleigh is a period leasehold apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 296, Leigh Road, Chandler's Ford, Eastleigh, SO53.
Leigh Road, Chandler's Ford, Eastleigh, SO53 is located in the borough of Eastleigh within the SO53 postal district.
296B, Leigh Road, Eastleigh has 31 entries in the Land Registry database, most recently in November 2014 and a single entry in the EPC database dated April 2014.
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 296B Leigh Road Eastleigh as £149,983 and the rental value as £827 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 296B Leigh Road Eastleigh has increased by £4,864 (3.2%) and its rental value has increased by £43 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 296B, Leigh Road, Eastleigh is in very good condition we estimate a sale value of £157,482 and rental value of £869 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £139,484 and a rental value of £770 per month.
If you were able to purchase this property for the estimated value of £149,983, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £737 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, 296B, Leigh Road, Eastleigh was last sold on 17 Nov 2014 for £119,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2014, the market for similar properties has risen 34.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 296B, Leigh Road, Eastleigh within a radius of 610 metres over the last 2 years.
The most recent example is Flat 2, Ashtree Court, Nursery Gardens, Eastleigh, SO53 3RQ, a Leasehold flat which sold for £146,000 in Oct 2021.
Read more about house prices in SO53.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Leigh Road, Chandler's Ford, Eastleigh, SO53 has a total of 118 addresses. According to our analysis of all the public data, 296B, Leigh Road, Eastleigh is the 117th largest and the 115th most expensive property on the street.
When compared to the postcode district it is £326k less expensive than the average property in SO53.
296B, Leigh Road, Eastleigh has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Apr 2014.
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 296B, Leigh Road, Eastleigh is Chandlers Ford station which is 900 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 296B, Leigh Road, Eastleigh, 45.4% of property is privately owned outright and 43.9% 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 296B, Leigh Road, Eastleigh, 19.9% of residents are recorded as possessing school level qualifications and 41.2% 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 296B, Leigh Road, Eastleigh, the average age was 45.9 and the most common age was 72.
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 296B, Leigh Road, Eastleigh, 2.5% 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 296B, Leigh Road, Eastleigh, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.