According to the public record, Flat 2, 4, Gloucester Drive, Southampton is a modern leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 4, Gloucester Drive, Sarisbury Green, Southampton, SO31.
Gloucester Drive, Sarisbury Green, Southampton, SO31 is located in the borough of Fareham within the SO31 postal district.
Flat 2, 4, Gloucester Drive, Southampton has a single entry in the Land Registry database from June 2017 and a single entry in the EPC database dated June 2017.
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 4 Gloucester Drive Southampton as £277,720 and the rental value as £1,298 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 2 4 Gloucester Drive Southampton has increased by £9,890 (3.6%) and its rental value has increased by £93 per month (7.2%).
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 2, 4, Gloucester Drive, Southampton is in very good condition we estimate a sale value of £291,606 and rental value of £1,363 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £258,280 and a rental value of £1,207 per month.
If you were able to purchase this property for the estimated value of £277,720, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,365 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, 4, Gloucester Drive, Southampton was last sold on 30 Jun 2017 for £269,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2017, the market for similar properties has risen 16.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 4, Gloucester Drive, Southampton within a radius of 640 metres over the last 2 years.
The most recent example is Flat 1, 4, Gloucester Drive, Southampton, SO31 7PF, a Leasehold flat which sold for £272,000 in Jan 2023.
Read more about house prices in SO31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gloucester Drive, Sarisbury Green, Southampton, SO31 has a total of 33 addresses. According to our analysis of all the public data, Flat 2, 4, Gloucester Drive, Southampton is the 20th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £154k less expensive than the average property in SO31.
Flat 2, 4, Gloucester Drive, Southampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Jun 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 2, 4, Gloucester Drive, Southampton is Swanwick 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 2, 4, Gloucester Drive, Southampton, 44.1% of property is privately owned with a mortgage and 38.2% 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, 4, Gloucester Drive, Southampton, 21.2% of residents are recorded as possessing school level qualifications and 41.5% 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, 4, Gloucester Drive, Southampton, the average age was 39.4 and the most common age was 52.
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, 4, Gloucester Drive, Southampton, 1.1% 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, 4, Gloucester Drive, 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.