According to the public record, Flat 6, Mitchell Lodge 50-56, Southampton is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Mitchell Lodge, West End Road, Southampton, SO18.
West End Road, Southampton, SO18 is located within the SO18 postal district.
Flat 6, Mitchell Lodge 50-56, Southampton has 2 entries in the Land Registry database, most recently in April 2023 and a single entry in the EPC database dated May 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 Mitchell Lodge 50-56 Southampton as £160,344 and the rental value as £849 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 6 Mitchell Lodge 50-56 Southampton has increased by £3,789 (2.4%) and its rental value has increased by £56 per month (6.6%).
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 6, Mitchell Lodge 50-56, Southampton is in very good condition we estimate a sale value of £168,362 and rental value of £891 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £149,120 and a rental value of £790 per month.
If you were able to purchase this property for the estimated value of £160,344, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £788 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, Mitchell Lodge 50-56, Southampton was last sold on 21 Apr 2023 for £167,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2023, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Mitchell Lodge 50-56, Southampton within a radius of 530 metres over the last 2 years.
The most recent example is Flat 29, Mitchell Lodge 50-56, West End Road, Southampton, SO18 6TG, a Leasehold flat which sold for £147,000 in Apr 2023.
Read more about house prices in SO18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
West End Road, Southampton, SO18 has a total of 273 addresses. According to our analysis of all the public data, Flat 6, Mitchell Lodge 50-56, Southampton is the 257th largest and the 233rd most expensive property on the street.
When compared to the postcode district it is £105k less expensive than the average property in SO18.
Flat 6, Mitchell Lodge 50-56, Southampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 May 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 6, Mitchell Lodge 50-56, Southampton is Bitterne station which is 1.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 6, Mitchell Lodge 50-56, Southampton, 70.5% of property is privately owned outright and 14.1% 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, Mitchell Lodge 50-56, Southampton, 10.3% of residents are recorded as possessing school level qualifications and 15.7% 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 6, Mitchell Lodge 50-56, Southampton, the average age was 40 and the most common age was 32.
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, Mitchell Lodge 50-56, Southampton, 1.3% 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, Mitchell Lodge 50-56, 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.