According to the public record, Ground Floor Flat, 68, Paynes Road, Southampton is a period Leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 68, Paynes Road, Southampton, SO15.
Paynes Road, Southampton, SO15 is located within the SO15 postal district.
Ground Floor Flat, 68, Paynes Road, Southampton has 41 entries in the Land Registry database, most recently in June 2012 and a single entry in the EPC database dated May 2012.
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 Ground Floor Flat 68 Paynes Road Southampton as £202,376 and the rental value as £986 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Ground Floor Flat 68 Paynes Road Southampton has increased by £5,319 (2.6%) and its rental value has increased by £56 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 Ground Floor Flat, 68, Paynes Road, Southampton is in very good condition we estimate a sale value of £212,495 and rental value of £1,035 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,210 and a rental value of £917 per month.
If you were able to purchase this property for the estimated value of £202,376, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £995 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, Ground Floor Flat, 68, Paynes Road, Southampton was last sold on 01 Jun 2012 for £166,250 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jun 2012, the market for similar properties has risen 40.0%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Ground Floor Flat, 68, Paynes Road, Southampton within a radius of 350 metres over the last 2 years.
The most recent example is 2, Andover Road, Southampton, SO15 3AX, a Leasehold flat which sold for £157,000 in May 2008.
Read more about house prices in SO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Paynes Road, Southampton, SO15 has a total of 350 addresses. According to our analysis of all the public data, Ground Floor Flat, 68, Paynes Road, Southampton is the 173rd largest and the 86th most expensive property on the street.
When compared to the postcode district it is £58k less expensive than the average property in SO15.
Ground Floor Flat, 68, Paynes Road, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 May 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Ground Floor Flat, 68, Paynes Road, Southampton is Millbrook (Hants) station which is 600 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 Ground Floor Flat, 68, Paynes Road, Southampton, 43.9% of property is privately rented and 27.7% 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 Ground Floor Flat, 68, Paynes Road, Southampton, 14.6% of residents are recorded as possessing school level qualifications and 36.0% 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 Ground Floor Flat, 68, Paynes Road, 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 Ground Floor Flat, 68, Paynes Road, 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 Ground Floor Flat, 68, Paynes Road, 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.