According to the public record, Flat 1, 201, Woodmill Lane, Southampton is a modern leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 201, Woodmill Lane, Southampton, SO18.
Woodmill Lane, Southampton, SO18 is located within the SO18 postal district.
Flat 1, 201, Woodmill Lane, Southampton has 61 entries in the Land Registry database, most recently in January 2023 and a single entry in the EPC database dated December 2021.
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 1 201 Woodmill Lane Southampton as £168,169 and the rental value as £967 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 1 201 Woodmill Lane Southampton has increased by £4,632 (2.8%) and its rental value has increased by £63 per month (6.6%).
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 Flat 1, 201, Woodmill Lane, Southampton is in very good condition we estimate a sale value of £176,578 and rental value of £1,015 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £156,398 and a rental value of £899 per month.
If you were able to purchase this property for the estimated value of £168,169, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £826 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, 201, Woodmill Lane, Southampton was last sold on 27 Jan 2023 for £167,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Jan 2023, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 201, Woodmill Lane, Southampton within a radius of 670 metres over the last 2 years.
The most recent example is Flat 5, 201, Woodmill Lane, Southampton, SO18 2HU, a Leasehold flat which sold for £176,500 in Jan 2024.
Read more about house prices in SO18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Woodmill Lane, Southampton, SO18 has a total of 261 addresses. According to our analysis of all the public data, Flat 1, 201, Woodmill Lane, Southampton is the 197th largest and the 224th most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in SO18.
Flat 1, 201, Woodmill Lane, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Dec 2021.
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 Flat 1, 201, Woodmill Lane, Southampton is Swaythling station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 201, Woodmill Lane, Southampton, 43.2% of property is privately owned with a mortgage and 27.2% is privately owned outright.
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, 201, Woodmill Lane, Southampton, 27.2% of residents are recorded as possessing school level qualifications and 36.5% 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 Flat 1, 201, Woodmill Lane, Southampton, the average age was 40.8 and the most common age was 57.
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, 201, Woodmill Lane, Southampton, 1.5% 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, 201, Woodmill Lane, Southampton, 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.