According to the public record, Flat 4, 16, Spring Crescent, Southampton is a mid-century leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 16, Spring Crescent, Southampton, SO17.
Spring Crescent, Southampton, SO17 is located within the SO17 postal district.
Flat 4, 16, Spring Crescent, Southampton has a single entry in the Land Registry database from December 2015 and a single entry in the EPC database dated February 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 4 16 Spring Crescent Southampton as £171,512 and the rental value as £1,008 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of Flat 4 16 Spring Crescent Southampton has increased by £4,419 (2.6%) and its rental value has increased by £56 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, 16, Spring Crescent, Southampton is in very good condition we estimate a sale value of £180,088 and rental value of £1,059 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £159,506 and a rental value of £938 per month.
If you were able to purchase this property for the estimated value of £171,512, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £843 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, 16, Spring Crescent, Southampton was last sold on 11 Dec 2015 for £132,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2015, the market for similar properties has risen 13.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 16, Spring Crescent, Southampton within a radius of 400 metres over the last 2 years.
The most recent example is Flat 1, 5 Bevois Mansions, Bevois Hill, Southampton, SO14 0SL, a Leasehold flat which sold for £150,000 in Dec 2022.
Read more about house prices in SO17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Crescent, Southampton, SO17 has a total of 42 addresses. According to our analysis of all the public data, Flat 4, 16, Spring Crescent, Southampton is the 33rd largest and the 35th most expensive property on the street.
When compared to the postcode district it is £108k less expensive than the average property in SO17.
Flat 4, 16, Spring Crescent, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Feb 2015.
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, 16, Spring Crescent, Southampton is St Denys 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 4, 16, Spring Crescent, Southampton, 60.8% of property is privately rented and 16.1% 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 4, 16, Spring Crescent, Southampton, 28.8% of residents are recorded as possessing school level qualifications and 33.6% 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, 16, Spring Crescent, 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 4, 16, Spring Crescent, Southampton, 0.5% 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, 16, Spring Crescent, Southampton, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.