According to the public record, Flat 2, 107, Laundry Road, Southampton is a modern leasehold apartment with 435 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 107, Laundry Road, Southampton, SO16.
Laundry Road, Southampton, SO16 is located within the SO16 postal district.
Flat 2, 107, Laundry Road, Southampton has 51 entries in the Land Registry database, most recently in November 2014 and a single entry in the EPC database dated March 2009.
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 2 107 Laundry Road Southampton as £117,022 and the rental value as £823 per month giving an expected gross yield of 8.4%.
Over the last 12 months the sale value of Flat 2 107 Laundry Road Southampton has increased by £2,729 (2.3%) and its rental value has increased by £36 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 2, 107, Laundry Road, Southampton is in very good condition we estimate a sale value of £122,873 and rental value of £864 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £108,830 and a rental value of £766 per month.
If you were able to purchase this property for the estimated value of £117,022, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £575 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 2, 107, Laundry Road, Southampton was last sold on 27 Nov 2014 for £81,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Nov 2014, the market for similar properties has risen 35.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 107, Laundry Road, Southampton within a radius of 530 metres over the last 2 years.
The most recent example is Flat 26, Tremona Court, Tremona Road, Southampton, SO16 6TH, a Leasehold flat which sold for £112,000 in Nov 2020.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laundry Road, Southampton, SO16 has a total of 142 addresses. According to our analysis of all the public data, Flat 2, 107, Laundry Road, Southampton is the 129th largest and the 131st most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in SO16.
Flat 2, 107, Laundry Road, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Mar 2009.
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 2, 107, Laundry Road, Southampton is Millbrook (Hants) station which is 2.4 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 2, 107, Laundry Road, Southampton, 54.1% of property is privately rented and 21.2% 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 2, 107, Laundry Road, Southampton, 19.4% of residents are recorded as possessing school level qualifications and 46.1% 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 2, 107, Laundry Road, Southampton, the average age was 36.4 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 2, 107, Laundry Road, Southampton, 2.8% 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 2, 107, Laundry Road, Southampton, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.