According to the public record, Flat 2, 38, Landguard Road, Southampton is a early-century leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 38, Landguard Road, Southampton, SO15.
Landguard Road, Southampton, SO15 is located within the SO15 postal district.
Flat 2, 38, Landguard Road, Southampton has 51 entries in the Land Registry database, most recently in August 2022 and a single entry in the EPC database dated January 2020.
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 38 Landguard Road Southampton as £121,419 and the rental value as £852 per month giving an expected gross yield of 8.4%.
Over the last 12 months the sale value of Flat 2 38 Landguard Road Southampton has increased by £3,056 (2.5%) and its rental value has increased by £48 per month (5.6%).
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 2, 38, Landguard Road, Southampton is in very good condition we estimate a sale value of £127,490 and rental value of £895 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £112,920 and a rental value of £793 per month.
If you were able to purchase this property for the estimated value of £121,419, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £597 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, 38, Landguard Road, Southampton was last sold on 08 Aug 2022 for £120,000 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 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 38, Landguard Road, Southampton within a radius of 350 metres over the last 2 years.
The most recent example is Flat 3, 38, Howard Road, Southampton, SO15 5BL, a Leasehold flat which sold for £118,500 in Nov 2023.
Read more about house prices in SO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Landguard Road, Southampton, SO15 has a total of 164 addresses. According to our analysis of all the public data, Flat 2, 38, Landguard Road, Southampton is the 68th largest and the 89th most expensive property on the street.
When compared to the postcode district it is £139k less expensive than the average property in SO15.
Flat 2, 38, Landguard Road, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jan 2020.
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, 38, Landguard Road, Southampton is Southampton Central station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 38, Landguard Road, Southampton, 75.2% of property is privately rented and 12.4% is privately owned with a mortgage.
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, 38, Landguard Road, Southampton, 17.6% of residents are recorded as possessing school level qualifications and 38.1% 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, 38, Landguard Road, Southampton, the average age was 36.2 and the most common age was 27.
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, 38, Landguard Road, Southampton, 0.8% 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, 38, Landguard Road, Southampton, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.