According to the public record, Flat 6, Addis House 2, Southampton is a modern apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Addis House, Brookvale Road, Southampton, SO17.
Brookvale Road, Southampton, SO17 is located within the SO17 postal district.
Flat 6, Addis House 2, Southampton has no records in the Land Registry database and a single entry in the EPC database dated February 2020.
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 6 Addis House 2 Southampton as £111,022 and the rental value as £783 per month giving an expected gross yield of 8.5%.
Over the last 12 months the sale value of Flat 6 Addis House 2 Southampton has increased by £2,800 (2.5%) and its rental value has increased by £43 per month (5.5%).
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 6, Addis House 2, Southampton is in very good condition we estimate a sale value of £116,573 and rental value of £822 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £103,250 and a rental value of £728 per month.
If you were able to purchase this property for the estimated value of £111,022, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £546 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 6, Addis House 2, Southampton within a radius of 400 metres over the last 2 years.
The most recent example is Flat 4, Addis House 2, Brookvale Road, Southampton, SO17 1AP, a Leasehold flat which sold for £112,500 in Nov 2022.
Read more about house prices in SO17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brookvale Road, Southampton, SO17 has a total of 96 addresses. According to our analysis of all the public data, Flat 6, Addis House 2, Southampton is the 85th largest and the 89th most expensive property on the street.
When compared to the postcode district it is £169k less expensive than the average property in SO17.
Flat 6, Addis House 2, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Feb 2020.
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 6, Addis House 2, Southampton is St Denys station which is 600 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 6, Addis House 2, Southampton, 80.8% of property is privately rented and 6.8% 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 6, Addis House 2, Southampton, 42.0% of residents are recorded as possessing school level qualifications and 37.1% 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 6, Addis House 2, 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 6, Addis House 2, Southampton, 0.2% 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 6, Addis House 2, Southampton, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.