According to the public record, Flat 6, Chelwood Gate, Southampton is a modern apartment with 839 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Chelwood Gate, Glen Eyre Road, Southampton, SO16.
Glen Eyre Road, Southampton, SO16 is located within the SO16 postal district.
Flat 6, Chelwood Gate, Southampton has no records in the Land Registry database and a single entry in the EPC database dated August 2012.
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 Chelwood Gate Southampton as £231,092 and the rental value as £1,037 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 6 Chelwood Gate Southampton has increased by £3,714 (1.6%) and its rental value has increased by £45 per month (4.3%).
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, Chelwood Gate, Southampton is in very good condition we estimate a sale value of £242,647 and rental value of £1,089 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £214,916 and a rental value of £964 per month.
If you were able to purchase this property for the estimated value of £231,092, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,136 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, Chelwood Gate, Southampton within a radius of 420 metres over the last 2 years.
The most recent example is Flat 25, Chelwood Gate, Glen Eyre Road, Southampton, SO16 3TZ, a Leasehold flat which sold for £275,000 in Sep 2022.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Glen Eyre Road, Southampton, SO16 has a total of 1267 addresses. According to our analysis of all the public data, Flat 6, Chelwood Gate, Southampton is the 668th largest and the 668th most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in SO16.
Flat 6, Chelwood Gate, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Aug 2012.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to Flat 6, Chelwood Gate, Southampton is Swaythling station which is 2.1 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 6, Chelwood Gate, Southampton, 45.3% of property is privately rented and 28.2% 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 6, Chelwood Gate, Southampton, 15.2% of residents are recorded as possessing school level qualifications and 46.5% 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, Chelwood Gate, Southampton, the average age was 36.1 and the most common age was 17.
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, Chelwood Gate, 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 6, Chelwood Gate, Southampton, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.