According to the public record, Flat 22, Parkview 5, Southampton is a modern leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Parkview, Handel Road, Southampton, SO15.
Handel Road, Southampton, SO15 is located within the SO15 postal district.
Flat 22, Parkview 5, Southampton has 21 entries in the Land Registry database, most recently in December 2022 and a single entry in the EPC database dated February 2016.
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 22 Parkview 5 Southampton as £188,331 and the rental value as £1,005 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 22 Parkview 5 Southampton has increased by £2,594 (1.4%) and its rental value has increased by £43 per month (4.3%).
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 22, Parkview 5, Southampton is in very good condition we estimate a sale value of £197,747 and rental value of £1,055 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £175,148 and a rental value of £934 per month.
If you were able to purchase this property for the estimated value of £188,331, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £926 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 22, Parkview 5, Southampton was last sold on 14 Dec 2022 for £170,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2022, the market for similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 22, Parkview 5, Southampton within a radius of 380 metres over the last 2 years.
The most recent example is Flat 25, Parkview 5, Handel Road, Southampton, SO15 2NY, a Leasehold flat which sold for £153,000 in Jan 2024.
Read more about house prices in SO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Handel Road, Southampton, SO15 has a total of 113 addresses. According to our analysis of all the public data, Flat 22, Parkview 5, Southampton is the 74th largest and the 74th most expensive property on the street.
When compared to the postcode district it is £72k less expensive than the average property in SO15.
Flat 22, Parkview 5, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Feb 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 22, Parkview 5, Southampton is Southampton Central station which is 400 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 22, Parkview 5, Southampton, 64.0% of property is privately rented and 13.0% 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 22, Parkview 5, Southampton, 23.4% of residents are recorded as possessing school level qualifications and 56.8% 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 22, Parkview 5, 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 22, Parkview 5, Southampton, 1.6% 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 22, Parkview 5, 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.