According to the public record, Flat 4, 15, Bourne Road, Southampton is a modern leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 15, Bourne Road, Southampton, SO15.
Bourne Road, Southampton, SO15 is located within the SO15 postal district.
Flat 4, 15, Bourne Road, Southampton has a single entry in the Land Registry database from February 2021 and a single entry in the EPC database dated September 2020.
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 4 15 Bourne Road Southampton as £131,749 and the rental value as £887 per month giving an expected gross yield of 8.1%.
Over the last 12 months the sale value of Flat 4 15 Bourne Road Southampton has increased by £3,364 (2.6%) and its rental value has increased by £50 per month (5.6%).
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 4, 15, Bourne Road, Southampton is in very good condition we estimate a sale value of £138,337 and rental value of £931 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £122,527 and a rental value of £825 per month.
If you were able to purchase this property for the estimated value of £131,749, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £648 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 4, 15, Bourne Road, Southampton was last sold on 26 Feb 2021 for £120,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2021, the market for similar properties has risen 9.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 15, Bourne Road, Southampton within a radius of 450 metres over the last 2 years.
The most recent example is Flat 8, West Hill Court, Hill Lane, Southampton, SO15 5RW, a Leasehold flat which sold for £140,000 in Nov 2023.
Read more about house prices in SO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bourne Road, Southampton, SO15 has a total of 70 addresses. According to our analysis of all the public data, Flat 4, 15, Bourne Road, Southampton is the 39th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £128k less expensive than the average property in SO15.
Flat 4, 15, Bourne Road, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Sep 2020.
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 4, 15, Bourne Road, Southampton is Southampton Central station which is 400 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, 15, Bourne Road, Southampton, 67.8% of property is privately rented and 18.6% 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 4, 15, Bourne Road, Southampton, 16.4% of residents are recorded as possessing school level qualifications and 44.3% 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 4, 15, Bourne Road, Southampton, the average age was 36.8 and the most common age was 27.
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 4, 15, Bourne Road, Southampton, 0.2% 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 4, 15, Bourne Road, Southampton, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.