According to the public record, Flat 7, Lambourne House, Southampton is a modern leasehold apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Lambourne House, Mallow Road, Hedge End, Southampton, SO30.
Mallow Road, Hedge End, Southampton, SO30 is located in the borough of Eastleigh within the SO30 postal district.
Flat 7, Lambourne House, Southampton has 41 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated August 2018.
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 7 Lambourne House Southampton as £144,628 and the rental value as £696 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 7 Lambourne House Southampton has increased by £3,189 (2.2%) and its rental value has increased by £38 per month (5.4%).
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 7, Lambourne House, Southampton is in very good condition we estimate a sale value of £151,860 and rental value of £731 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £134,504 and a rental value of £647 per month.
If you were able to purchase this property for the estimated value of £144,628, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £711 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 7, Lambourne House, Southampton was last sold on 14 Dec 2020 for £142,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Dec 2020, the market for similar properties has risen 12.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Lambourne House, Southampton within a radius of 770 metres over the last 2 years.
The most recent example is Flat 6, Bramley House, Thistle Road, Southampton, SO30 0TT, a Leasehold flat which sold for £145,000 in Apr 2023.
Read more about house prices in SO30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mallow Road, Hedge End, Southampton, SO30 has a total of 43 addresses. According to our analysis of all the public data, Flat 7, Lambourne House, Southampton is the 42nd largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £226k less expensive than the average property in SO30.
Flat 7, Lambourne House, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Aug 2018.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to Flat 7, Lambourne House, Southampton is Hedge End station which is 2.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 7, Lambourne House, Southampton, 41.0% of property is privately owned with a mortgage and 30.0% 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 7, Lambourne House, Southampton, 13.3% of residents are recorded as possessing school level qualifications and 35.6% 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 7, Lambourne House, Southampton, the average age was 43.4 and the most common age was 57.
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 7, Lambourne House, 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 7, Lambourne House, Southampton, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.