According to the public record, Flat 24, Oakdene, Southampton is a mid-century leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Oakdene, Welbeck Avenue, Southampton, SO17.
Welbeck Avenue, Southampton, SO17 is located within the SO17 postal district.
Flat 24, Oakdene, Southampton has 41 entries in the Land Registry database, most recently in March 2009 and a single entry in the EPC database dated November 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 24 Oakdene Southampton as £166,534 and the rental value as £1,048 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of Flat 24 Oakdene Southampton has increased by £1,753 (1.1%) and its rental value has increased by £42 per month (4.0%).
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 24, Oakdene, Southampton is in very good condition we estimate a sale value of £174,860 and rental value of £1,101 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £154,876 and a rental value of £975 per month.
If you were able to purchase this property for the estimated value of £166,534, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £818 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 24, Oakdene, Southampton was last sold on 27 Mar 2009 for £80,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2009, the market for similar properties has risen 34.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 24, Oakdene, Southampton within a radius of 570 metres over the last 2 years.
The most recent example is Flat 2, Cranford House, Cranford Way, Southampton, SO17 1UE, a Leasehold flat which sold for £152,000 in Aug 2021.
Read more about house prices in SO17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Welbeck Avenue, Southampton, SO17 has a total of 160 addresses. According to our analysis of all the public data, Flat 24, Oakdene, Southampton is the 92nd largest and the 121st most expensive property on the street.
When compared to the postcode district it is £113k less expensive than the average property in SO17.
Flat 24, Oakdene, Southampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Nov 2018.
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 24, Oakdene, Southampton is St Denys 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 24, Oakdene, Southampton, 55.9% of property is privately rented and 24.3% 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 24, Oakdene, Southampton, 48.3% of residents are recorded as possessing school level qualifications and 49.0% 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 24, Oakdene, Southampton, the average age was 37.1 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 24, Oakdene, 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 24, Oakdene, Southampton, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.