According to the public record, Flat 6B, 12A, Severn Road, Southampton is a modern apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 12A, Severn Road, Southampton, SO16.
Severn Road, Southampton, SO16 is located within the SO16 postal district.
Flat 6B, 12A, Severn Road, Southampton has no records in the Land Registry database and a single entry in the EPC database dated October 2012.
We combine this information with public data 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 6B 12A Severn Road Southampton as £144,994 and the rental value as £899 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of Flat 6B 12A Severn Road Southampton has increased by £3,528 (2.4%) and its rental value has increased by £43 per month (4.8%).
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 6B, 12A, Severn Road, Southampton is in very good condition we estimate a sale value of £152,244 and rental value of £943 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £134,844 and a rental value of £836 per month.
If you were able to purchase this property for the estimated value of £144,994, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £713 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6B, 12A, Severn Road, Southampton within a radius of 490 metres over the last 2 years.
The most recent example is 31, Totland Close, Southampton, SO16 9GU, a Leasehold flat which sold for £95,000 in Mar 2018.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Severn Road, Southampton, SO16 has a total of 45 addresses. According to our analysis of all the public data, Flat 6B, 12A, Severn Road, Southampton is the 32nd largest and the 35th most expensive property on the street.
When compared to the postcode district it is £139k less expensive than the average property in SO16.
Flat 6B, 12A, Severn Road, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Oct 2012.
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 6B, 12A, Severn Road, Southampton is Redbridge station which is 1.1 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 6B, 12A, Severn Road, Southampton, 59.2% of property is socially rented and 19.2% 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 6B, 12A, Severn Road, Southampton, 19.4% of residents are recorded as possessing school level qualifications and 18.8% 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 6B, 12A, Severn Road, 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 6B, 12A, Severn Road, 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 6B, 12A, Severn Road, Southampton, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.