According to the public record, Flat 3, Village Place 453, Southampton is a modern leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Village Place, Bitterne Road, Southampton, SO18.
Bitterne Road, Southampton, SO18 is located within the SO18 postal district.
Flat 3, Village Place 453, Southampton has 31 entries in the Land Registry database, most recently in January 2017 and a single entry in the EPC database dated July 2015.
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 Village Place 453 Southampton as £151,758 and the rental value as £1,002 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of Flat 3 Village Place 453 Southampton has increased by £3,914 (2.6%) and its rental value has increased by £67 per month (6.7%).
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, Village Place 453, Southampton is in very good condition we estimate a sale value of £159,345 and rental value of £1,053 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £141,135 and a rental value of £932 per month.
If you were able to purchase this property for the estimated value of £151,758, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £746 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, Village Place 453, Southampton was last sold on 06 Jan 2017 for £105,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jan 2017, the market for similar properties has risen 14.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Village Place 453, Southampton within a radius of 530 metres over the last 2 years.
The most recent example is Flat 3, 419, Bitterne Road, Southampton, SO18 5EE, a Leasehold flat which sold for £153,000 in Feb 2023.
Read more about house prices in SO18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bitterne Road, Southampton, SO18 has a total of 106 addresses. According to our analysis of all the public data, Flat 3, Village Place 453, Southampton is the 80th largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £114k less expensive than the average property in SO18.
Flat 3, Village Place 453, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jul 2015.
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, Village Place 453, Southampton is Bitterne station which is 1.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, Village Place 453, Southampton, 41.2% of property is privately rented and 30.5% 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, Village Place 453, Southampton, 24.0% of residents are recorded as possessing school level qualifications and 34.2% 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, Village Place 453, Southampton, the average age was 40.8 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, Village Place 453, 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, Village Place 453, Southampton, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.