According to the public record, Flat 4, 7, Cabot Close, Southampton is a modern leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 7, Cabot Close, Locks Heath, Southampton, SO31.
Cabot Close, Locks Heath, Southampton, SO31 is located in the borough of Fareham within the SO31 postal district.
Flat 4, 7, Cabot Close, Southampton has a single entry in the Land Registry database from March 2016 and a single entry in the EPC database dated January 2016.
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 7 Cabot Close Southampton as £219,096 and the rental value as £1,237 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 4 7 Cabot Close Southampton has increased by £5,601 (2.6%) and its rental value has increased by £76 per month (6.1%).
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, 7, Cabot Close, Southampton is in very good condition we estimate a sale value of £230,050 and rental value of £1,299 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,759 and a rental value of £1,150 per month.
If you were able to purchase this property for the estimated value of £219,096, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,077 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, 7, Cabot Close, Southampton was last sold on 23 Mar 2016 for £197,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2016, the market for similar properties has risen 19.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 7, Cabot Close, Southampton within a radius of 640 metres over the last 2 years.
The most recent example is Flat 1, 7, Cabot Close, Southampton, SO31 6BQ, a Leasehold flat which sold for £211,000 in May 2024.
Read more about house prices in SO31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cabot Close, Locks Heath, Southampton, SO31 has a total of 28 addresses. According to our analysis of all the public data, Flat 4, 7, Cabot Close, Southampton is the 23rd largest and the 20th most expensive property on the street.
When compared to the postcode district it is £212k less expensive than the average property in SO31.
Flat 4, 7, Cabot Close, Southampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Jan 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 4, 7, Cabot Close, Southampton is Swanwick station which is 2.3 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 4, 7, Cabot Close, Southampton, 46.1% of property is privately owned with a mortgage and 39.5% is privately owned outright.
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, 7, Cabot Close, Southampton, 18.6% of residents are recorded as possessing school level qualifications and 45.8% 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, 7, Cabot Close, Southampton, the average age was 44.3 and the most common age was 57.
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, 7, Cabot Close, Southampton, 2.3% 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, 7, Cabot Close, Southampton, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.