According to the public record, Flat 14, Basing House 350, Southampton is a modern leasehold apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Basing House, Shirley Road, Southampton, SO15.
Shirley Road, Southampton, SO15 is located within the SO15 postal district.
Flat 14, Basing House 350, Southampton has 51 entries in the Land Registry database, most recently in August 2022 and a single entry in the EPC database dated July 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 14 Basing House 350 Southampton as £110,515 and the rental value as £746 per month giving an expected gross yield of 8.1%.
Over the last 12 months the sale value of Flat 14 Basing House 350 Southampton has increased by £2,692 (2.4%) and its rental value has increased by £41 per month (5.5%).
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 14, Basing House 350, Southampton is in very good condition we estimate a sale value of £116,041 and rental value of £783 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £102,779 and a rental value of £694 per month.
If you were able to purchase this property for the estimated value of £110,515, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £543 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 14, Basing House 350, Southampton was last sold on 26 Aug 2022 for £133,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Aug 2022, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 14, Basing House 350, Southampton within a radius of 390 metres over the last 2 years.
The most recent example is Flat 9, Firgrove Court 4, Grove Road, Southampton, SO15 3GG, a Leasehold flat which sold for £123,000 in Aug 2023.
Read more about house prices in SO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shirley Road, Southampton, SO15 has a total of 796 addresses. According to our analysis of all the public data, Flat 14, Basing House 350, Southampton is the 503rd largest and the 757th most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in SO15.
Flat 14, Basing House 350, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jul 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 14, Basing House 350, Southampton is Millbrook (Hants) 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 Flat 14, Basing House 350, Southampton, 57.7% of property is privately rented and 18.3% is socially 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 14, Basing House 350, Southampton, 9.5% of residents are recorded as possessing school level qualifications and 35.9% 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 14, Basing House 350, Southampton, the average age was 38.5 and the most common age was 32.
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 14, Basing House 350, Southampton, 0.0% 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 14, Basing House 350, Southampton, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.