According to the public record, Flat 3, Leonards Court, Southampton is a mid-century leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Leonards Court, Test Lane, Southampton, SO16.
Test Lane, Southampton, SO16 is located within the SO16 postal district.
Flat 3, Leonards Court, Southampton has 21 entries in the Land Registry database, most recently in January 2023 and a single entry in the EPC database dated July 2019.
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 Leonards Court Southampton as £120,828 and the rental value as £846 per month giving an expected gross yield of 8.4%.
Over the last 12 months the sale value of Flat 3 Leonards Court Southampton has increased by £2,870 (2.4%) and its rental value has increased by £39 per month (4.6%).
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, Leonards Court, Southampton is in very good condition we estimate a sale value of £126,869 and rental value of £888 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £112,370 and a rental value of £787 per month.
If you were able to purchase this property for the estimated value of £120,828, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £594 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, Leonards Court, Southampton was last sold on 27 Jan 2023 for £120,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2023, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Leonards Court, Southampton within a radius of 910 metres over the last 2 years.
The most recent example is Flat 62, Clover Nooke, Old Redbridge Road, Southampton, SO15 0NG, a Leasehold flat which sold for £90,600 in Jan 2024.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Test Lane, Southampton, SO16 has a total of 29 addresses. According to our analysis of all the public data, Flat 3, Leonards Court, Southampton is the 24th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £163k less expensive than the average property in SO16.
Flat 3, Leonards Court, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jul 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 3, Leonards Court, Southampton is Redbridge station which is 400 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, Leonards Court, Southampton, 56.4% of property is privately owned outright and 33.1% is privately owned with a mortgage.
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, Leonards Court, Southampton, 12.6% of residents are recorded as possessing school level qualifications and 16.9% 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, Leonards Court, Southampton, the average age was 35.9 and the most common age was 12.
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, Leonards Court, 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, Leonards Court, Southampton, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.