According to the public record, Flat 9, Link House Elmfield, Southampton is a modern leasehold apartment with 279 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Link House Elmfield, Millbrook Road East, Southampton, SO15.
Millbrook Road East, Southampton, SO15 is located within the SO15 postal district.
Flat 9, Link House Elmfield, Southampton has a single entry in the Land Registry database from April 2021 and a single entry in the EPC database dated October 2020.
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 good condition, we estimate the current sale value for Flat 9 Link House Elmfield Southampton as £139,668 and the rental value as £714 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 9 Link House Elmfield Southampton has increased by £3,566 (2.6%) and its rental value has increased by £40 per month (5.6%).
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, Link House Elmfield, Southampton is in very good condition we estimate a sale value of £146,651 and rental value of £749 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £129,891 and a rental value of £664 per month.
If you were able to purchase this property for the estimated value of £139,668, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £686 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, Link House Elmfield, Southampton was last sold on 27 Apr 2021 for £138,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2021, the market for similar properties has risen 9.5%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 9, Link House Elmfield, Southampton within a radius of 510 metres over the last 2 years.
The most recent example is Flat 32, Southbrook Rise 4, Millbrook Road East, Southampton, SO15 1BX, a Leasehold flat which sold for £125,000 in Oct 2022.
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 9, Link House Elmfield, Southampton is the 605th largest and the 404th most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in SO15.
Flat 9, Link House Elmfield, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Oct 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 9, Link House Elmfield, Southampton is Southampton Central station which is 400 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 9, Link House Elmfield, Southampton, 61.8% of property is privately rented and 22.1% 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, Link House Elmfield, Southampton, 11.0% of residents are recorded as possessing school level qualifications and 48.2% 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, Link House Elmfield, 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 9, Link House Elmfield, 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 9, Link House Elmfield, Southampton, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.