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1, Meadow Lane, Southampton is recorded publicly as a modern leasehold apartment across 507 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 1, Meadow Lane, Southampton is £240,983 and its rental estimate is £1,223 per month, given the available information and assuming reasonable condition.
Meadow Lane, Hamble, Southampton, SO31 falls within the SO31 postal district, in the borough of Eastleigh.
1, Meadow Lane, Southampton has 21 entries in the Land Registry , most recently in November 2010 and a single entry in the EPC database dated January 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Meadow Lane, Southampton, we estimate a market value of £253,032 and a rental value of £1,284 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £224,114 and £1,137 per month respectively.
Over the last year, 1, Meadow Lane, Southampton has seen its estimated sale value move down by £2,718 (1.1%) and its estimated rental value increase by £37 per month (3.0%). This results in an estimated gross rental yield of 6.1%.
1, Meadow Lane, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jan 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 1, Meadow Lane, Southampton completed on 5th November 2010 at £175,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 26.7% over the period since November 2010.
Over the past 2 years 3 properties similar to 1, Meadow Lane, Southampton have sold within a radius of 990 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th April 2024, was 1 St. Andrews Buildings, High Street, Southampton, SO31 4JE, a leasehold flat which sold for £230,000.
Read more about house prices in SO31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 52 addresses on Meadow Lane, Hamble, Southampton, SO31, 1, Meadow Lane, Southampton comes out as the 50th largest and the 51st most expensive in our analysis of the public data.
It is also £179k less expensive than the average property across the SO31 district.
From 1, Meadow Lane, Southampton, the nearest station is Hamble, 1.5 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Meadow Lane, Southampton, 43.0% of property is privately owned outright and 28.2% is privately rented.
The graph below shows how this compares to South East 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 1, Meadow Lane, Southampton, 5.4% of residents are recorded as possessing school level qualifications and 55.9% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Meadow Lane, Southampton, the average age was 43.8 and the most common age was 57.
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 1, Meadow Lane, Southampton, 3.2% 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 1, Meadow Lane, Southampton, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.