According to the public record, Flat 2, Oakville Mansions 59, Southampton is a period leasehold apartment with 1,334 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in Oakville Mansions, Devonshire Road, Southampton, SO15.
Devonshire Road, Southampton, SO15 is located within the SO15 postal district.
Flat 2, Oakville Mansions 59, Southampton has 2 entries in the Land Registry database, most recently in July 2018 and a single entry in the EPC database dated February 2018.
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 Oakville Mansions 59 Southampton as £199,770 and the rental value as £1,243 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of Flat 2 Oakville Mansions 59 Southampton has increased by £5,127 (2.6%) and its rental value has increased by £69 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, Oakville Mansions 59, Southampton is in very good condition we estimate a sale value of £209,758 and rental value of £1,306 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £185,786 and a rental value of £1,156 per month.
If you were able to purchase this property for the estimated value of £199,770, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £982 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, Oakville Mansions 59, Southampton was last sold on 06 Jul 2018 for £183,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2018, the market for similar properties has risen 7.8%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 350 metres radius of Flat 2, Oakville Mansions 59, Southampton over the last 2 years.
The most recent example is Flat 2, Regency House 3, Grosvenor Square, Southampton, SO15 2BE, a Leasehold flat which sold for £218,500 in Feb 2022.
Read more about house prices in SO15.
Devonshire Road, Southampton, SO15 has a total of 142 addresses. According to our analysis of all the public data, Flat 2, Oakville Mansions 59, Southampton is the 18th largest and the 94th most expensive property on the street.
When compared to the postcode district it is £60k less expensive than the average property in SO15.
Flat 2, Oakville Mansions 59, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Feb 2018.
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, Oakville Mansions 59, Southampton is Southampton Central station which is 500 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, Oakville Mansions 59, Southampton, 78.7% of property is privately rented and 7.4% 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, Oakville Mansions 59, Southampton, 59.7% of residents are recorded as possessing school level qualifications and 39.9% 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, Oakville Mansions 59, Southampton, the average age was 30.7 and the most common age was 22.
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, Oakville Mansions 59, 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, Oakville Mansions 59, 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.