According to the public record, Flat 8, Devonshire Mansions 57, Southampton is a early-century leasehold apartment with 1,410 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Devonshire Mansions, Devonshire Road, Southampton, SO15.
Devonshire Road, Southampton, SO15 is located within the SO15 postal district.
Flat 8, Devonshire Mansions 57, Southampton has 21 entries in the Land Registry database, most recently in April 2007 and a single entry in the EPC database dated December 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 8 Devonshire Mansions 57 Southampton as £276,936 and the rental value as £1,403 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 8 Devonshire Mansions 57 Southampton has increased by £6,862 (2.5%) and its rental value has increased by £77 per month (5.5%).
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 8, Devonshire Mansions 57, Southampton is in very good condition we estimate a sale value of £290,783 and rental value of £1,473 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,550 and a rental value of £1,305 per month.
If you were able to purchase this property for the estimated value of £276,936, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,361 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 8, Devonshire Mansions 57, Southampton was last sold on 26 Apr 2007 for £220,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2007, the market for similar properties has risen 19.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Devonshire Mansions 57, Southampton within a radius of 350 metres over the last 2 years.
The most recent example is Flat 5, Osborne House, Grosvenor Square, Southampton, SO15 2DA, a Leasehold flat which sold for £315,000 in Dec 2021.
Read more about house prices in SO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Devonshire Road, Southampton, SO15 has a total of 142 addresses. According to our analysis of all the public data, Flat 8, Devonshire Mansions 57, Southampton is the 9th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £17k more expensive than the average property in SO15.
Flat 8, Devonshire Mansions 57, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Dec 2022.
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 8, Devonshire Mansions 57, Southampton is Southampton Central station which is 500 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 8, Devonshire Mansions 57, Southampton, 64.0% of property is privately rented and 13.0% 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 8, Devonshire Mansions 57, Southampton, 23.4% of residents are recorded as possessing school level qualifications and 56.8% 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 8, Devonshire Mansions 57, Southampton, the average age was 30.7 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 8, Devonshire Mansions 57, Southampton, 1.6% 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 8, Devonshire Mansions 57, Southampton, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.