According to the public record, Flat 5, Lavender Court 59, Southampton is a mid-century leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Lavender Court, Dean Road, Southampton, SO18.
Dean Road, Southampton, SO18 is located within the SO18 postal district.
Flat 5, Lavender Court 59, Southampton has 21 entries in the Land Registry database, most recently in November 2010 and a single entry in the EPC database dated February 2023.
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 Lavender Court 59 Southampton as £186,100 and the rental value as £1,061 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 5 Lavender Court 59 Southampton has increased by £5,054 (2.7%) and its rental value has increased by £74 per month (7.0%).
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, Lavender Court 59, Southampton is in very good condition we estimate a sale value of £195,405 and rental value of £1,114 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £173,073 and a rental value of £987 per month.
If you were able to purchase this property for the estimated value of £186,100, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £915 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, Lavender Court 59, Southampton was last sold on 16 Nov 2010 for £138,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2010, the market for similar properties has risen 48.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Lavender Court 59, Southampton within a radius of 500 metres over the last 2 years.
The most recent example is Flat 3, Lavender Court 59, Dean Road, Southampton, SO18 6AQ, a Leasehold flat which sold for £177,500 in Mar 2023.
Read more about house prices in SO18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dean Road, Southampton, SO18 has a total of 170 addresses. According to our analysis of all the public data, Flat 5, Lavender Court 59, Southampton is the 94th largest and the 114th most expensive property on the street.
When compared to the postcode district it is £79k less expensive than the average property in SO18.
Flat 5, Lavender Court 59, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Feb 2023.
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, Lavender Court 59, Southampton is Bitterne station which is 1.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, Lavender Court 59, Southampton, 40.9% of property is privately rented and 27.3% 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 5, Lavender Court 59, Southampton, 20.9% of residents are recorded as possessing school level qualifications and 35.7% 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 5, Lavender Court 59, Southampton, the average age was 40 and the most common age was 32.
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, Lavender Court 59, Southampton, 1.4% 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, Lavender Court 59, Southampton, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.