According to the public record, Flat 3, 5, Henstead Road, Southampton is a period leasehold apartment with 289 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 5, Henstead Road, Southampton, SO15.
Henstead Road, Southampton, SO15 is located within the SO15 postal district.
Flat 3, 5, Henstead Road, Southampton has 61 entries in the Land Registry database, most recently in July 2014 and a single entry in the EPC database dated November 2008.
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 5 Henstead Road Southampton as £107,743 and the rental value as £716 per month giving an expected gross yield of 8%.
Over the last 12 months the sale value of Flat 3 5 Henstead Road Southampton has increased by £2,708 (2.5%) and its rental value has increased by £39 per month (5.5%).
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, 5, Henstead Road, Southampton is in very good condition we estimate a sale value of £113,130 and rental value of £751 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £100,201 and a rental value of £666 per month.
If you were able to purchase this property for the estimated value of £107,743, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £530 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, 5, Henstead Road, Southampton was last sold on 30 Jul 2014 for £80,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Jul 2014, the market for similar properties has risen 23.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 5, Henstead Road, Southampton within a radius of 290 metres over the last 2 years.
The most recent example is 7C, Henstead Road, Southampton, SO15 2DE, a Leasehold flat which sold for £110,000 in Jun 2022.
Read more about house prices in SO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Henstead Road, Southampton, SO15 has a total of 92 addresses. According to our analysis of all the public data, Flat 3, 5, Henstead Road, Southampton is the 90th largest and the 89th most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in SO15.
Flat 3, 5, Henstead Road, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Nov 2008.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to Flat 3, 5, Henstead Road, Southampton is Southampton Central station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, 5, Henstead Road, Southampton, 54.4% of property is privately rented and 25.0% 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 3, 5, Henstead Road, Southampton, 23.3% of residents are recorded as possessing school level qualifications and 55.4% 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, 5, Henstead Road, 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 3, 5, Henstead Road, 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 3, 5, Henstead Road, 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.