According to the public record, Flat 6, Wellman Court, Southampton is a mid-century leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Wellman Court, Winchester Road, Southampton, SO16.
Winchester Road, Southampton, SO16 is located within the SO16 postal district.
Flat 6, Wellman Court, Southampton has 2 entries in the Land Registry database, most recently in April 2022 and a single entry in the EPC database dated March 2020.
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 Wellman Court Southampton as £138,162 and the rental value as £913 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of Flat 6 Wellman Court Southampton has increased by £3,447 (2.5%) and its rental value has increased by £46 per month (5.0%).
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, Wellman Court, Southampton is in very good condition we estimate a sale value of £145,070 and rental value of £959 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £128,491 and a rental value of £849 per month.
If you were able to purchase this property for the estimated value of £138,162, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £679 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, Wellman Court, Southampton was last sold on 01 Apr 2022 for £160,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2022, the market for similar properties has risen 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Wellman Court, Southampton within a radius of 700 metres over the last 2 years.
The most recent example is Flat 8, The Hollies 352, Winchester Road, Southampton, SO16 6TW, a Leasehold flat which sold for £105,000 in Dec 2023.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Winchester Road, Southampton, SO16 has a total of 648 addresses. According to our analysis of all the public data, Flat 6, Wellman Court, Southampton is the 480th largest and the 576th most expensive property on the street.
When compared to the postcode district it is £146k less expensive than the average property in SO16.
Flat 6, Wellman Court, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Mar 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, Wellman Court, Southampton is St Denys station which is 2.4 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, Wellman Court, Southampton, 43.5% of property is privately rented and 28.3% is privately owned outright.
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, Wellman Court, Southampton, 14.2% of residents are recorded as possessing school level qualifications and 53.6% 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, Wellman Court, Southampton, the average age was 42.5 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, Wellman Court, 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, Wellman Court, Southampton, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.