According to the public record, Flat 3, Pennine House, Southampton is a mid-century leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Pennine House, Pennine Road, Southampton, SO16.
Pennine Road, Southampton, SO16 is located within the SO16 postal district.
Flat 3, Pennine House, Southampton has a single entry in the Land Registry database from February 2014 and a single entry in the EPC database dated June 2013.
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 Pennine House Southampton as £125,009 and the rental value as £842 per month giving an expected gross yield of 8.1%.
Over the last 12 months the sale value of Flat 3 Pennine House Southampton has increased by £3,001 (2.4%) and its rental value has increased by £41 per month (4.9%).
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, Pennine House, Southampton is in very good condition we estimate a sale value of £131,259 and rental value of £885 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £116,258 and a rental value of £783 per month.
If you were able to purchase this property for the estimated value of £125,009, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £614 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, Pennine House, Southampton was last sold on 05 Feb 2014 for £93,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2014, the market for similar properties has risen 34.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Pennine House, Southampton within a radius of 560 metres over the last 2 years.
The most recent example is 75, Chiltern Green, Southampton, SO16 4BB, a Leasehold flat which sold for £120,000 in May 2024.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pennine Road, Southampton, SO16 has a total of 149 addresses. According to our analysis of all the public data, Flat 3, Pennine House, Southampton is the 137th largest and the 139th most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in SO16.
Flat 3, Pennine House, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Jun 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 3, Pennine House, Southampton is Redbridge station which is 1.3 kilometres 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, Pennine House, Southampton, 50.0% of property is socially rented and 17.9% 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, Pennine House, Southampton, 19.1% of residents are recorded as possessing school level qualifications and 11.9% 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, Pennine House, Southampton, the average age was 36.9 and the most common age was 42.
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, Pennine House, Southampton, 0.7% 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, Pennine 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.