According to the public record, Flat 3, 11, Millbrook Road East, Southampton is a modern leasehold apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 11, Millbrook Road East, Southampton, SO15.
Millbrook Road East, Southampton, SO15 is located within the SO15 postal district.
Flat 3, 11, Millbrook Road East, Southampton has 2 entries in the Land Registry database, most recently in January 2024 and a single entry in the EPC database dated October 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 3 11 Millbrook Road East Southampton as £137,792 and the rental value as £824 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Flat 3 11 Millbrook Road East Southampton has increased by £3,518 (2.6%) and its rental value has increased by £46 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 3, 11, Millbrook Road East, Southampton is in very good condition we estimate a sale value of £144,681 and rental value of £865 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £128,146 and a rental value of £767 per month.
If you were able to purchase this property for the estimated value of £137,792, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £677 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 3, 11, Millbrook Road East, Southampton was last sold on 30 Jan 2024 for £135,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2024, the market for similar properties has risen 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 11, Millbrook Road East, Southampton within a radius of 450 metres over the last 2 years.
The most recent example is Flat 5, 11, Millbrook Road East, Southampton, SO15 1HL, a Leasehold flat which sold for £133,000 in Dec 2023.
Read more about house prices in SO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millbrook Road East, Southampton, SO15 has a total of 620 addresses. According to our analysis of all the public data, Flat 3, 11, Millbrook Road East, Southampton is the 559th largest and the 412th most expensive property on the street.
When compared to the postcode district it is £122k less expensive than the average property in SO15.
Flat 3, 11, Millbrook Road East, Southampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Oct 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 3, 11, Millbrook Road East, Southampton is Southampton Central 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 3, 11, Millbrook Road East, Southampton, 40.5% of property is socially rented and 33.6% 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 3, 11, Millbrook Road East, Southampton, 26.3% of residents are recorded as possessing school level qualifications and 24.5% 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 3, 11, Millbrook Road East, 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 3, 11, Millbrook Road East, 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 3, 11, Millbrook Road East, Southampton, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.