According to the public record, Flat 5, Welbeck Court 61-63, Southampton is a modern apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Welbeck Court, Welbeck Avenue, Southampton, SO17.
Welbeck Avenue, Southampton, SO17 is located within the SO17 postal district.
Flat 5, Welbeck Court 61-63, Southampton has no records in the Land Registry database and a single entry in the EPC database dated June 2022.
We combine this information with public data 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 Welbeck Court 61-63 Southampton as £120,785 and the rental value as £859 per month giving an expected gross yield of 8.5%.
Over the last 12 months the sale value of Flat 5 Welbeck Court 61-63 Southampton has increased by £3,223 (2.7%) and its rental value has increased by £49 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, Welbeck Court 61-63, Southampton is in very good condition we estimate a sale value of £126,824 and rental value of £902 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £112,330 and a rental value of £799 per month.
If you were able to purchase this property for the estimated value of £120,785, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £594 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Welbeck Court 61-63, Southampton within a radius of 480 metres over the last 2 years.
The most recent example is Apartment 10, Victoria Lodge 121-127, Highfield Lane, Southampton, SO17 1NF, a Leasehold flat which sold for £80,000 in Jun 2024.
Read more about house prices in SO17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Welbeck Avenue, Southampton, SO17 has a total of 160 addresses. According to our analysis of all the public data, Flat 5, Welbeck Court 61-63, Southampton is the 118th largest and the 145th most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in SO17.
Flat 5, Welbeck Court 61-63, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jun 2022.
The property is not connected to mains gas and has some double glazing. It is heated using Room heaters, electric.
The closest station to Flat 5, Welbeck Court 61-63, Southampton is St Denys station which is 1.1 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 5, Welbeck Court 61-63, Southampton, 55.9% of property is privately rented and 24.3% 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, Welbeck Court 61-63, Southampton, 48.3% of residents are recorded as possessing school level qualifications and 49.0% 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, Welbeck Court 61-63, Southampton, the average age was 37.1 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, Welbeck Court 61-63, 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, Welbeck Court 61-63, Southampton, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.