According to the public record, Flat 3, Belmont House, Southampton is a mid-century leasehold apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Belmont House, Belmont Road, Southampton, SO17.
Belmont Road, Southampton, SO17 is located within the SO17 postal district.
Flat 3, Belmont House, Southampton has 2 entries in the Land Registry database, most recently in July 2018 and a single entry in the EPC database dated June 2014.
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 Belmont House Southampton as £172,818 and the rental value as £869 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 3 Belmont House Southampton has increased by £3,837 (2.2%) and its rental value has increased by £46 per month (5.2%).
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, Belmont House, Southampton is in very good condition we estimate a sale value of £181,459 and rental value of £912 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,721 and a rental value of £808 per month.
If you were able to purchase this property for the estimated value of £172,818, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £849 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, Belmont House, Southampton was last sold on 27 Jul 2018 for £147,936 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2018, the market for similar properties has risen 9.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Belmont House, Southampton within a radius of 430 metres over the last 2 years.
The most recent example is Flat 2, Belmont House, Belmont Road, Southampton, SO17 2UA, a Leasehold flat which sold for £207,772 in Feb 2019.
Read more about house prices in SO17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Belmont Road, Southampton, SO17 has a total of 315 addresses. According to our analysis of all the public data, Flat 3, Belmont House, Southampton is the 267th largest and the 258th most expensive property on the street.
When compared to the postcode district it is £107k less expensive than the average property in SO17.
Flat 3, Belmont House, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Jun 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 3, Belmont House, Southampton is St Denys station which is 100 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, Belmont House, Southampton, 45.0% of property is privately rented and 27.1% 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, Belmont House, Southampton, 24.0% of residents are recorded as possessing school level qualifications and 33.3% 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, Belmont House, Southampton, the average age was 35 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, Belmont House, 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, Belmont House, 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.