According to the public record, Flat 62, Clover Nooke, Southampton is a mid-century leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Clover Nooke, Old Redbridge Road, Southampton, SO15.
Old Redbridge Road, Southampton, SO15 is located within the SO15 postal district.
Flat 62, Clover Nooke, Southampton has 3 entries in the Land Registry database, most recently in January 2024 and a single entry in the EPC database dated August 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 62 Clover Nooke Southampton as £103,430 and the rental value as £715 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of Flat 62 Clover Nooke Southampton has increased by £2,479 (2.4%) and its rental value has increased by £32 per month (4.5%).
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 62, Clover Nooke, Southampton is in very good condition we estimate a sale value of £108,601 and rental value of £750 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £96,190 and a rental value of £665 per month.
If you were able to purchase this property for the estimated value of £103,430, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £508 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 62, Clover Nooke, Southampton was last sold on 12 Jan 2024 for £90,600 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jan 2024, the market for similar properties has risen 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 62, Clover Nooke, Southampton within a radius of 790 metres over the last 2 years.
The most recent example is Flat 43, Clover Nooke, Old Redbridge Road, Southampton, SO15 0NF, a Leasehold flat which sold for £98,000 in Dec 2023.
Read more about house prices in SO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Redbridge Road, Southampton, SO15 has a total of 150 addresses. According to our analysis of all the public data, Flat 62, Clover Nooke, Southampton is the 41st largest and the 41st most expensive property on the street.
When compared to the postcode district it is £157k less expensive than the average property in SO15.
Flat 62, Clover Nooke, Southampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Aug 2020.
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 62, Clover Nooke, Southampton is Redbridge station which is 200 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 62, Clover Nooke, Southampton, 72.5% of property is socially rented and 13.3% is privately rented.
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 62, Clover Nooke, Southampton, 1.4% of residents are recorded as possessing school level qualifications and 14.4% 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 62, Clover Nooke, Southampton, the average age was 35.9 and the most common age was 12.
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 62, Clover Nooke, 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 62, Clover Nooke, Southampton, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.