According to the public record, Flat 1, 131, Bassett Avenue, Southampton is a modern leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 131, Bassett Avenue, Southampton, SO16.
Bassett Avenue, Southampton, SO16 is located within the SO16 postal district.
Flat 1, 131, Bassett Avenue, Southampton has 3 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated September 2019.
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 Flat 1 131 Bassett Avenue Southampton as £219,094 and the rental value as £979 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 1 131 Bassett Avenue Southampton has increased by £5,559 (2.5%) and its rental value has increased by £51 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 Flat 1, 131, Bassett Avenue, Southampton is in very good condition we estimate a sale value of £230,049 and rental value of £1,027 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,758 and a rental value of £910 per month.
If you were able to purchase this property for the estimated value of £219,094, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,077 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, Flat 1, 131, Bassett Avenue, Southampton was last sold on 27 Oct 2022 for £215,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2022, the market for similar properties has risen 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 131, Bassett Avenue, Southampton within a radius of 430 metres over the last 2 years.
The most recent example is Flat 24, Fairlea Grange, Denbigh Gardens, Southampton, SO16 7EJ, a Leasehold flat which sold for £220,000 in Oct 2023.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bassett Avenue, Southampton, SO16 has a total of 227 addresses. According to our analysis of all the public data, Flat 1, 131, Bassett Avenue, Southampton is the 143rd largest and the 107th most expensive property on the street.
When compared to the postcode district it is £65k less expensive than the average property in SO16.
Flat 1, 131, Bassett Avenue, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Sep 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to Flat 1, 131, Bassett Avenue, Southampton is Swaythling station which is 2.2 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 Flat 1, 131, Bassett Avenue, Southampton, 41.9% of property is privately owned outright and 35.9% 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 Flat 1, 131, Bassett Avenue, Southampton, 14.8% of residents are recorded as possessing school level qualifications and 54.7% 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 Flat 1, 131, Bassett Avenue, Southampton, the average age was 36.1 and the most common age was 17.
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 Flat 1, 131, Bassett Avenue, Southampton, 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 Flat 1, 131, Bassett Avenue, Southampton, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.