According to the public record, Flat 73, Southbrook Rise 4, Southampton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 513 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Southbrook Rise, Millbrook Road East, Southampton, SO15.
Millbrook Road East, Southampton, SO15 is located within the SO15 postal district.
Flat 73, Southbrook Rise 4, Southampton has a single entry in the Land Registry database from September 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 73 Southbrook Rise 4 Southampton as £173,693 and the rental value as £927 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 73 Southbrook Rise 4 Southampton has increased by £4,671 (2.7%) and its rental value has increased by £53 per month (5.7%).
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 73, Southbrook Rise 4, Southampton is in very good condition we estimate a sale value of £182,377 and rental value of £973 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £161,534 and a rental value of £862 per month.
If you were able to purchase this property for the estimated value of £173,693, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £854 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 73, Southbrook Rise 4, Southampton was last sold on 01 Sep 2016 for £139,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2016, the market for similar properties has risen 9.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 73, Southbrook Rise 4, Southampton within a radius of 490 metres over the last 2 years.
The most recent example is Flat 49, Southbrook Rise 4, Millbrook Road East, Southampton, SO15 1BX, a Leasehold flat which sold for £180,000 in Nov 2021.
Read more about house prices in SO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millbrook Road East, Southampton, SO15 has a total of 620 addresses. According to our analysis of all the public data, Flat 73, Southbrook Rise 4, Southampton is the 323rd largest and the 155th most expensive property on the street.
When compared to the postcode district it is £86k less expensive than the average property in SO15.
The closest station to Flat 73, Southbrook Rise 4, Southampton is Southampton Central station which is 300 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 73, Southbrook Rise 4, Southampton, 67.8% of property is privately rented and 18.6% 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 73, Southbrook Rise 4, Southampton, 16.4% of residents are recorded as possessing school level qualifications and 44.3% 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 73, Southbrook Rise 4, Southampton, the average age was 36.8 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 73, Southbrook Rise 4, Southampton, 0.2% 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 73, Southbrook Rise 4, Southampton, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.