According to the public record, Flat 11, Redcourt, Southampton is a mid-century leasehold apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Redcourt, Chetwynd Road, Southampton, SO16.
Chetwynd Road, Southampton, SO16 is located within the SO16 postal district.
Flat 11, Redcourt, Southampton has 21 entries in the Land Registry database, most recently in May 2018 and a single entry in the EPC database dated November 2013.
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 11 Redcourt Southampton as £207,440 and the rental value as £999 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 11 Redcourt Southampton has increased by £3,526 (1.7%) and its rental value has increased by £44 per month (4.4%).
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 11, Redcourt, Southampton is in very good condition we estimate a sale value of £217,812 and rental value of £1,049 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £192,919 and a rental value of £930 per month.
If you were able to purchase this property for the estimated value of £207,440, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,020 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 11, Redcourt, Southampton was last sold on 23 May 2018 for £178,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2018, the market for similar properties has risen 9.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, Redcourt, Southampton within a radius of 340 metres over the last 2 years.
The most recent example is Flat 27, Redcourt, Chetwynd Road, Southampton, SO16 3TX, a Leasehold flat which sold for £215,000 in Dec 2022.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chetwynd Road, Southampton, SO16 has a total of 49 addresses. According to our analysis of all the public data, Flat 11, Redcourt, Southampton is the 25th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in SO16.
Flat 11, Redcourt, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Nov 2013.
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 11, Redcourt, Southampton is Swaythling station which is 2.1 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 11, Redcourt, Southampton, 40.0% of property is privately owned outright and 34.0% is privately rented.
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 11, Redcourt, Southampton, 84.4% of residents are recorded as possessing school level qualifications and 14.0% 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 11, Redcourt, 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 11, Redcourt, 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 11, Redcourt, Southampton, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.