According to the public record, Flat 4, 27, Park Road, Southampton is a mid-century leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 27, Park Road, Southampton, SO15.
Park Road, Southampton, SO15 is located within the SO15 postal district.
Flat 4, 27, Park Road, Southampton has a single entry in the Land Registry database from March 2014 and a single entry in the EPC database dated May 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 4 27 Park Road Southampton as £117,696 and the rental value as £807 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of Flat 4 27 Park Road Southampton has increased by £3,165 (2.7%) and its rental value has increased by £46 per month (5.7%).
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 4, 27, Park Road, Southampton is in very good condition we estimate a sale value of £123,581 and rental value of £847 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £109,457 and a rental value of £750 per month.
If you were able to purchase this property for the estimated value of £117,696, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £578 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, 27, Park Road, Southampton was last sold on 07 Mar 2014 for £89,100 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2014, the market for similar properties has risen 27.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 27, Park Road, Southampton within a radius of 360 metres over the last 2 years.
The most recent example is Flat 1, Apple Tree Court 29-31, Paynes Road, Southampton, SO15 3BX, a Leasehold flat which sold for £130,000 in Oct 2018.
Read more about house prices in SO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, Southampton, SO15 has a total of 220 addresses. According to our analysis of all the public data, Flat 4, 27, Park Road, Southampton is the 102nd largest and the 203rd most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in SO15.
Flat 4, 27, Park Road, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 May 2019.
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 4, 27, Park Road, Southampton is Millbrook (Hants) station which is 800 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, 27, Park Road, Southampton, 31.6% of property is privately rented and 30.1% 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 4, 27, Park Road, Southampton, 18.6% of residents are recorded as possessing school level qualifications and 32.7% 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, 27, Park 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, 27, Park Road, 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 4, 27, Park Road, 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.