According to the public record, Flat 3, 160, Hill Lane, Southampton is a period leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 160, Hill Lane, Southampton, SO15.
Hill Lane, Southampton, SO15 is located within the SO15 postal district.
Flat 3, 160, Hill Lane, Southampton has 51 entries in the Land Registry database, most recently in November 2022 and a single entry in the EPC database dated May 2022.
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 3 160 Hill Lane Southampton as £148,708 and the rental value as £1,036 per month giving an expected gross yield of 8.4%.
Over the last 12 months the sale value of Flat 3 160 Hill Lane Southampton has increased by £4,169 (2.8%) and its rental value has increased by £61 per month (5.9%).
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, 160, Hill Lane, Southampton is in very good condition we estimate a sale value of £156,143 and rental value of £1,088 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £138,298 and a rental value of £963 per month.
If you were able to purchase this property for the estimated value of £148,708, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £731 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, 160, Hill Lane, Southampton was last sold on 18 Nov 2022 for £163,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Nov 2022, the market for similar properties has risen 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 160, Hill Lane, Southampton within a radius of 390 metres over the last 2 years.
The most recent example is Flat 7, 160, Hill Lane, Southampton, SO15 5DD, a Leasehold flat which sold for £122,500 in Nov 2023.
Read more about house prices in SO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hill Lane, Southampton, SO15 has a total of 691 addresses. According to our analysis of all the public data, Flat 3, 160, Hill Lane, Southampton is the 415th largest and the 437th most expensive property on the street.
When compared to the postcode district it is £111k less expensive than the average property in SO15.
Flat 3, 160, Hill Lane, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 May 2022.
The property is connected to mains gas and has fully triple glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 3, 160, Hill Lane, Southampton is Southampton Central station which is 900 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, 160, Hill Lane, Southampton, 65.1% of property is privately rented and 16.5% is socially 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, 160, Hill Lane, Southampton, 22.1% of residents are recorded as possessing school level qualifications and 52.9% 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 3, 160, Hill Lane, Southampton, the average age was 36.2 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, 160, Hill Lane, Southampton, 1.5% 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, 160, Hill Lane, 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.