According to the public record, Flat 2, 70, Oakley Road, Southampton is a mid-century leasehold apartment with 514 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 70, Oakley Road, Southampton, SO16.
Oakley Road, Southampton, SO16 is located within the SO16 postal district.
Flat 2, 70, Oakley Road, Southampton has 41 entries in the Land Registry database, most recently in August 2010 and a single entry in the EPC database dated February 2012.
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 70 Oakley Road Southampton as £153,435 and the rental value as £861 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 2 70 Oakley Road Southampton has increased by £3,874 (2.5%) and its rental value has increased by £44 per month (5.1%).
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, 70, Oakley Road, Southampton is in very good condition we estimate a sale value of £161,106 and rental value of £905 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £142,694 and a rental value of £801 per month.
If you were able to purchase this property for the estimated value of £153,435, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £754 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, 70, Oakley Road, Southampton was last sold on 06 Aug 2010 for £115,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Aug 2010, the market for similar properties has risen 34.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 70, Oakley Road, Southampton within a radius of 420 metres over the last 2 years.
The most recent example is Flat 1, 14, Clarendon Road, Southampton, SO16 4GA, a Leasehold flat which sold for £172,500 in Sep 2023.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakley Road, Southampton, SO16 has a total of 338 addresses. According to our analysis of all the public data, Flat 2, 70, Oakley Road, Southampton is the 277th largest and the 224th most expensive property on the street.
When compared to the postcode district it is £130k less expensive than the average property in SO16.
Flat 2, 70, Oakley Road, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Feb 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 2, 70, Oakley Road, Southampton is Millbrook (Hants) station which is 1.2 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, 70, Oakley Road, Southampton, 37.5% of property is privately owned outright and 34.4% 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 2, 70, Oakley Road, Southampton, 12.8% of residents are recorded as possessing school level qualifications and 34.2% 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, 70, Oakley Road, 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 2, 70, Oakley Road, 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 2, 70, Oakley Road, Southampton, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.