According to the public record, Flat 5, Spitfire Lodge, Southampton is a modern leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Spitfire Lodge, Belmont Road, Southampton, SO17.
Belmont Road, Southampton, SO17 is located within the SO17 postal district.
Flat 5, Spitfire Lodge, Southampton has a single entry in the Land Registry database from November 2021 and a single entry in the EPC database dated October 2018.
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 Spitfire Lodge Southampton as £322,402 and the rental value as £1,433 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 5 Spitfire Lodge Southampton has increased by £8,329 (2.6%) and its rental value has increased by £80 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 5, Spitfire Lodge, Southampton is in very good condition we estimate a sale value of £338,522 and rental value of £1,505 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £299,834 and a rental value of £1,333 per month.
If you were able to purchase this property for the estimated value of £322,402, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,585 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, Spitfire Lodge, Southampton was last sold on 26 Nov 2021 for £345,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2021, the market for similar properties has risen 7.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Spitfire Lodge, Southampton within a radius of 370 metres over the last 2 years.
The most recent example is Flat 23, Spitfire Lodge, Belmont Road, Southampton, SO17 2AX, a Leasehold flat which sold for £266,000 in Jun 2024.
Read more about house prices in SO17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Belmont Road, Southampton, SO17 has a total of 315 addresses. According to our analysis of all the public data, Flat 5, Spitfire Lodge, Southampton is the 99th largest and the 95th most expensive property on the street.
When compared to the postcode district it is £43k more expensive than the average property in SO17.
Flat 5, Spitfire Lodge, Southampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Oct 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 5, Spitfire Lodge, 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 5, Spitfire Lodge, Southampton, 32.2% of property is socially rented and 30.8% 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 5, Spitfire Lodge, Southampton, 29.5% of residents are recorded as possessing school level qualifications and 29.7% 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, Spitfire Lodge, 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 5, Spitfire Lodge, 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 5, Spitfire Lodge, Southampton, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.