According to the public record, Flat 9, Homepoint House, Southampton is a modern leasehold apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Homepoint House, Mersham Gardens, Southampton, SO18.
Mersham Gardens, Southampton, SO18 is located within the SO18 postal district.
Flat 9, Homepoint House, Southampton has a single entry in the Land Registry database from June 2010 and a single entry in the EPC database dated February 2009.
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 9 Homepoint House Southampton as £87,334 and the rental value as £628 per month giving an expected gross yield of 8.6%.
Over the last 12 months the sale value of Flat 9 Homepoint House Southampton has increased by £2,064 (2.4%) and its rental value has increased by £42 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 9, Homepoint House, Southampton is in very good condition we estimate a sale value of £91,700 and rental value of £659 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £81,220 and a rental value of £584 per month.
If you were able to purchase this property for the estimated value of £87,334, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £429 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 9, Homepoint House, Southampton was last sold on 23 Jun 2010 for £88,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2010, the market for similar properties has risen 47.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Homepoint House, Southampton within a radius of 550 metres over the last 2 years.
The most recent example is Flat 49, Homepoint House, Mersham Gardens, Southampton, SO18 6TX, a Leasehold flat which sold for £63,000 in Mar 2024.
Read more about house prices in SO18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mersham Gardens, Southampton, SO18 has a total of 89 addresses. According to our analysis of all the public data, Flat 9, Homepoint House, Southampton is the 89th largest and the 89th most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in SO18.
Flat 9, Homepoint House, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Feb 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 9, Homepoint House, Southampton is Bitterne station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 9, Homepoint House, Southampton, 70.5% of property is privately owned outright and 14.1% 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 9, Homepoint House, Southampton, 10.3% of residents are recorded as possessing school level qualifications and 15.7% 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 9, Homepoint House, Southampton, the average age was 40 and the most common age was 32.
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 9, Homepoint House, Southampton, 1.3% 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 9, Homepoint House, Southampton, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.