According to the public record, Flat 5, 254-262, Shirley Road, Southampton is a modern leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 254-262, Shirley Road, Southampton, SO15.
Shirley Road, Southampton, SO15 is located within the SO15 postal district.
Flat 5, 254-262, Shirley Road, Southampton has a single entry in the Land Registry database from November 2018 and a single entry in the EPC database dated September 2017.
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 5 254-262 Shirley Road Southampton as £148,058 and the rental value as £1,003 per month giving an expected gross yield of 8.1%.
Over the last 12 months the sale value of Flat 5 254-262 Shirley Road Southampton has increased by £3,933 (2.7%) and its rental value has increased by £57 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 5, 254-262, Shirley Road, Southampton is in very good condition we estimate a sale value of £155,461 and rental value of £1,053 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £137,694 and a rental value of £933 per month.
If you were able to purchase this property for the estimated value of £148,058, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £728 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 5, 254-262, Shirley Road, Southampton was last sold on 27 Nov 2018 for £66,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2018, the market for similar properties has risen 10.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 254-262, Shirley Road, Southampton within a radius of 380 metres over the last 2 years.
The most recent example is Flat 12, 246-252, Shirley Road, Southampton, SO15 3HP, a Leasehold flat which sold for £157,000 in Oct 2023.
Read more about house prices in SO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shirley Road, Southampton, SO15 has a total of 796 addresses. According to our analysis of all the public data, Flat 5, 254-262, Shirley Road, Southampton is the 260th largest and the 395th most expensive property on the street.
When compared to the postcode district it is £112k less expensive than the average property in SO15.
Flat 5, 254-262, Shirley Road, Southampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Sep 2017.
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 5, 254-262, Shirley 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 5, 254-262, Shirley Road, Southampton, 63.3% of property is privately rented and 14.4% 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 5, 254-262, Shirley Road, Southampton, 14.3% of residents are recorded as possessing school level qualifications and 34.8% 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 5, 254-262, Shirley 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 5, 254-262, Shirley Road, Southampton, 1.1% 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 5, 254-262, Shirley 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.