According to the public record, Lower Flat, 27, Wilmer Road, Eastleigh is a modern leasehold apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 27, Wilmer Road, Eastleigh, SO50.
Wilmer Road, Eastleigh, SO50 is located in the borough of Eastleigh within the SO50 postal district.
Lower Flat, 27, Wilmer Road, Eastleigh has a single entry in the Land Registry database from June 2019 and a single entry in the EPC database dated October 2013.
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 Lower Flat 27 Wilmer Road Eastleigh as £152,341 and the rental value as £872 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Lower Flat 27 Wilmer Road Eastleigh has increased by £3,942 (2.6%) and its rental value has increased by £49 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 Lower Flat, 27, Wilmer Road, Eastleigh is in very good condition we estimate a sale value of £159,958 and rental value of £915 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £141,677 and a rental value of £811 per month.
If you were able to purchase this property for the estimated value of £152,341, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £749 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, Lower Flat, 27, Wilmer Road, Eastleigh was last sold on 28 Jun 2019 for £130,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2019, the market for similar properties has risen 11.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lower Flat, 27, Wilmer Road, Eastleigh within a radius of 400 metres over the last 2 years.
The most recent example is 9, Rolling Mill Mews, Eastleigh, SO50 5SX, a Leasehold flat which sold for £165,000 in Mar 2023.
Read more about house prices in SO50.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wilmer Road, Eastleigh, SO50 has a total of 68 addresses. According to our analysis of all the public data, Lower Flat, 27, Wilmer Road, Eastleigh is the 64th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £183k less expensive than the average property in SO50.
Lower Flat, 27, Wilmer Road, Eastleigh has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Oct 2013.
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 Lower Flat, 27, Wilmer Road, Eastleigh is Eastleigh station which is 800 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 Lower Flat, 27, Wilmer Road, Eastleigh, 35.7% of property is privately rented and 29.6% 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 Lower Flat, 27, Wilmer Road, Eastleigh, 14.2% of residents are recorded as possessing school level qualifications and 28.2% 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 Lower Flat, 27, Wilmer Road, Eastleigh, the average age was 37.8 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 Lower Flat, 27, Wilmer Road, Eastleigh, 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 Lower Flat, 27, Wilmer Road, Eastleigh, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.