According to the public record, Flat 8, Wellow Court 44, Southampton is a modern leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Wellow Court, Cobbett Road, Southampton, SO18.
Cobbett Road, Southampton, SO18 is located within the SO18 postal district.
Flat 8, Wellow Court 44, Southampton has 51 entries in the Land Registry database, most recently in December 2011 and a single entry in the EPC database dated October 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 Wellow Court 44 Southampton as £159,197 and the rental value as £941 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of Flat 8 Wellow Court 44 Southampton has increased by £4,177 (2.6%) and its rental value has increased by £62 per month (6.6%).
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, Wellow Court 44, Southampton is in very good condition we estimate a sale value of £167,157 and rental value of £988 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £148,053 and a rental value of £875 per month.
If you were able to purchase this property for the estimated value of £159,197, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £782 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, Wellow Court 44, Southampton was last sold on 22 Dec 2011 for £127,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Dec 2011, the market for similar properties has risen 45.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Wellow Court 44, Southampton within a radius of 500 metres over the last 2 years.
The most recent example is Flat 1, Wellow Court 44, Cobbett Road, Southampton, SO18 1UR, a Leasehold flat which sold for £175,000 in Apr 2023.
Read more about house prices in SO18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cobbett Road, Southampton, SO18 has a total of 209 addresses. According to our analysis of all the public data, Flat 8, Wellow Court 44, Southampton is the 117th largest and the 99th most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in SO18.
Flat 8, Wellow Court 44, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Oct 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters, Electric storage heaters.
The closest station to Flat 8, Wellow Court 44, Southampton is Bitterne station which is 300 metres 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 8, Wellow Court 44, Southampton, 33.7% of property is privately rented and 30.6% 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 8, Wellow Court 44, Southampton, 17.9% of residents are recorded as possessing school level qualifications and 36.7% 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, Wellow Court 44, Southampton, the average age was 39.2 and the most common age was 37.
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, Wellow Court 44, 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 8, Wellow Court 44, 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.