According to the public record, Flat 1, Chilworth Lakes, Southampton is a modern leasehold apartment with 1,410 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Chilworth Lakes, Pine Way, Southampton, SO16.
Pine Way, Southampton, SO16 is located within the SO16 postal district.
Flat 1, Chilworth Lakes, Southampton has 2 entries in the Land Registry database, most recently in August 2014 and a single entry in the EPC database dated October 2023.
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 Chilworth Lakes Southampton as £634,020 and the rental value as £2,781 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 1 Chilworth Lakes Southampton has increased by £15,358 (2.4%) and its rental value has increased by £144 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, Chilworth Lakes, Southampton is in very good condition we estimate a sale value of £665,721 and rental value of £2,920 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £589,639 and a rental value of £2,587 per month.
If you were able to purchase this property for the estimated value of £634,020, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,116 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, Chilworth Lakes, Southampton was last sold on 29 Aug 2014 for £410,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2014, the market for similar properties has risen 27.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Chilworth Lakes, Southampton within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 6 Bracken Hall, Bracken Place, Southampton, SO16 3ET, a Leasehold flat which sold for £460,000 in Feb 2019.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pine Way, Southampton, SO16 has a total of 16 addresses. According to our analysis of all the public data, Flat 1, Chilworth Lakes, Southampton is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £350k more expensive than the average property in SO16.
Flat 1, Chilworth Lakes, Southampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Oct 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Flat 1, Chilworth Lakes, Southampton is Swaythling station which is 2.6 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, Chilworth Lakes, Southampton, 38.6% of property is privately owned with a mortgage and 31.8% 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, Chilworth Lakes, Southampton, 19.0% of residents are recorded as possessing school level qualifications and 53.2% 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 Flat 1, Chilworth Lakes, 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, Chilworth Lakes, Southampton, 0.6% 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, Chilworth Lakes, Southampton, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.