According to the public record, Flat 7, Regency Court 8, Southampton is a period leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Regency Court, Cranbury Terrace, Southampton, SO14.
Cranbury Terrace, Southampton, SO14 is located within the SO14 postal district.
Flat 7, Regency Court 8, Southampton has 21 entries in the Land Registry database, most recently in August 2008 and a single entry in the EPC database dated February 2022.
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 Regency Court 8 Southampton as £151,235 and the rental value as £982 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of Flat 7 Regency Court 8 Southampton has increased by £4,438 (2.9%) and its rental value has increased by £59 per month (6.0%).
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 7, Regency Court 8, Southampton is in very good condition we estimate a sale value of £158,797 and rental value of £1,031 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £140,648 and a rental value of £914 per month.
If you were able to purchase this property for the estimated value of £151,235, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £743 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, Regency Court 8, Southampton was last sold on 29 Aug 2008 for £125,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2008, the market for similar properties has risen 28.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Regency Court 8, Southampton within a radius of 340 metres over the last 2 years.
The most recent example is Flat 19, The Cranbury, Cranbury Terrace, Southampton, SO14 0LH, a Leasehold flat which sold for £135,000 in Aug 2023.
Read more about house prices in SO14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cranbury Terrace, Southampton, SO14 has a total of 92 addresses. According to our analysis of all the public data, Flat 7, Regency Court 8, Southampton is the 28th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £57k less expensive than the average property in SO14.
Flat 7, Regency Court 8, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Feb 2022.
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, Regency Court 8, Southampton is St Denys station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 7, Regency Court 8, Southampton, 60.0% of property is privately rented and 24.9% is socially 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 7, Regency Court 8, Southampton, 17.2% of residents are recorded as possessing school level qualifications and 43.8% 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 7, Regency Court 8, Southampton, the average age was 30.4 and the most common age was 22.
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, Regency Court 8, 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, Regency Court 8, Southampton, there are an average of 0.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.