According to the public record, Flat 6, Wellington Court 9-11, Southampton is a mid-century leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Wellington Court, Waterloo Road, Southampton, SO15.
Waterloo Road, Southampton, SO15 is located within the SO15 postal district.
Flat 6, Wellington Court 9-11, Southampton has 2 entries in the Land Registry database, most recently in August 2023 and a single entry in the EPC database dated July 2023.
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 Wellington Court 9-11 Southampton as £140,858 and the rental value as £949 per month giving an expected gross yield of 8.1%.
Over the last 12 months the sale value of Flat 6 Wellington Court 9-11 Southampton has increased by £3,737 (2.7%) and its rental value has increased by £54 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 6, Wellington Court 9-11, Southampton is in very good condition we estimate a sale value of £147,901 and rental value of £997 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £130,998 and a rental value of £883 per month.
If you were able to purchase this property for the estimated value of £140,858, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £692 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, Wellington Court 9-11, Southampton was last sold on 16 Aug 2023 for £110,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2023, the market for similar properties has risen 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Wellington Court 9-11, Southampton within a radius of 360 metres over the last 2 years.
The most recent example is Flat 2, Napoleon House 15, Waterloo Road, Southampton, SO15 3AQ, a Leasehold flat which sold for £148,000 in Nov 2023.
Read more about house prices in SO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Waterloo Road, Southampton, SO15 has a total of 295 addresses. According to our analysis of all the public data, Flat 6, Wellington Court 9-11, Southampton is the 119th largest and the 190th most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in SO15.
Flat 6, Wellington Court 9-11, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jul 2023.
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, Wellington Court 9-11, Southampton is Southampton Central 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, Wellington Court 9-11, Southampton, 61.4% of property is privately rented and 22.2% 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, Wellington Court 9-11, Southampton, 11.7% of residents are recorded as possessing school level qualifications and 37.7% 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, Wellington Court 9-11, Southampton, the average age was 36.8 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, Wellington Court 9-11, Southampton, 0.4% 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, Wellington Court 9-11, 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.