According to the public record, Flat 3, 46, Richmond Road, Southampton is a modern apartment with 204 ft2 of internal area.
Apartments of this size in this area are normally studios.
The apartment is in 46, Richmond Road, Southampton, SO15.
Richmond Road, Southampton, SO15 is located within the SO15 postal district.
Flat 3, 46, Richmond Road, Southampton has no records in the Land Registry database and a single entry in the EPC database dated November 2020.
We combine this information with public data 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 46 Richmond Road Southampton as £89,703 and the rental value as £619 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of Flat 3 46 Richmond Road Southampton has increased by £2,133 (2.4%) and its rental value has increased by £34 per month (5.4%).
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, 46, Richmond Road, Southampton is in very good condition we estimate a sale value of £94,188 and rental value of £650 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £83,423 and a rental value of £576 per month.
If you were able to purchase this property for the estimated value of £89,703, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £441 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 the Land Registry and our network of Estate Agents, there have been 3 property sales within a 360 metres radius of Flat 3, 46, Richmond Road, Southampton over the last 2 years.
The most recent example is 40, Richmond Road, Southampton, SO15 3FR, a Leasehold house which sold for £249,000 in Mar 2018.
Read more about house prices in SO15.
Richmond Road, Southampton, SO15 has a total of 212 addresses. According to our analysis of all the public data, Flat 3, 46, Richmond Road, Southampton is the 207th largest and the 212th most expensive property on the street.
When compared to the postcode district it is £170k less expensive than the average property in SO15.
Flat 3, 46, Richmond Road, Southampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Nov 2020.
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 3, 46, Richmond Road, Southampton is Millbrook (Hants) 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 3, 46, Richmond Road, Southampton, 43.4% of property is privately rented and 25.7% 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 3, 46, Richmond Road, Southampton, 11.1% of residents are recorded as possessing school level qualifications and 40.5% 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, 46, Richmond Road, 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, 46, Richmond Road, 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, 46, Richmond Road, 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.