According to the public record, Flat 2, 88, Nelson Road, Southampton is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 88, Nelson Road, Southampton, SO15.
Nelson Road, Southampton, SO15 is located within the SO15 postal district.
Flat 2, 88, Nelson Road, Southampton has a single entry in the Land Registry database from July 2011 and a single entry in the EPC database dated February 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 88 Nelson Road Southampton as £172,519 and the rental value as £963 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 2 88 Nelson Road Southampton has increased by £4,570 (2.6%) and its rental value has increased by £55 per month (5.7%).
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, 88, Nelson Road, Southampton is in very good condition we estimate a sale value of £181,145 and rental value of £1,011 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,443 and a rental value of £896 per month.
If you were able to purchase this property for the estimated value of £172,519, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £848 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, 88, Nelson Road, Southampton was last sold on 15 Jul 2011 for £139,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2011, the market for similar properties has risen 35.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 88, Nelson Road, Southampton within a radius of 410 metres over the last 2 years.
The most recent example is Flat 6, Trinity Court 127, Paynes Road, Southampton, SO15 3BW, a Leasehold flat which sold for £162,000 in Feb 2024.
Read more about house prices in SO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nelson Road, Southampton, SO15 has a total of 88 addresses. According to our analysis of all the public data, Flat 2, 88, Nelson Road, Southampton is the 73rd largest and the 69th most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in SO15.
Flat 2, 88, Nelson Road, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Feb 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, 88, Nelson Road, Southampton is Millbrook (Hants) station which is 300 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, 88, Nelson Road, Southampton, 39.6% of property is privately rented and 32.6% 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, 88, Nelson Road, Southampton, 19.9% of residents are recorded as possessing school level qualifications and 38.2% 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, 88, Nelson Road, Southampton, the average age was 36.8 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, 88, Nelson 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, 88, Nelson 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.