According to the public record, Flat 6, Mayflower Court 16, Southampton is a modern leasehold apartment with 365 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Mayflower Court, Banister Road, Southampton, SO15.
Banister Road, Southampton, SO15 is located within the SO15 postal district.
Flat 6, Mayflower Court 16, Southampton has 21 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated March 2022.
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 6 Mayflower Court 16 Southampton as £120,879 and the rental value as £819 per month giving an expected gross yield of 8.1%.
Over the last 12 months the sale value of Flat 6 Mayflower Court 16 Southampton has increased by £3,028 (2.5%) and its rental value has increased by £45 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, Mayflower Court 16, Southampton is in very good condition we estimate a sale value of £126,923 and rental value of £860 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £112,417 and a rental value of £762 per month.
If you were able to purchase this property for the estimated value of £120,879, 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 HM Land Registry, Flat 6, Mayflower Court 16, Southampton was last sold on 05 Jul 2022 for £106,950 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2022, the market for similar properties has risen 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Mayflower Court 16, Southampton within a radius of 370 metres over the last 2 years.
The most recent example is Flat 4, Mayflower Court 16, Banister Road, Southampton, SO15 2NQ, a Leasehold flat which sold for £110,000 in Aug 2023.
Read more about house prices in SO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Banister Road, Southampton, SO15 has a total of 58 addresses. According to our analysis of all the public data, Flat 6, Mayflower Court 16, Southampton is the 26th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £139k less expensive than the average property in SO15.
Flat 6, Mayflower Court 16, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 6, Mayflower Court 16, Southampton is Southampton Central station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 6, Mayflower Court 16, Southampton, 61.4% of property is privately rented and 19.6% 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, Mayflower Court 16, Southampton, 13.6% of residents are recorded as possessing school level qualifications and 58.9% 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, Mayflower Court 16, Southampton, the average age was 36.2 and the most common age was 27.
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, Mayflower Court 16, Southampton, 0.7% 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, Mayflower Court 16, 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.