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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1, Newitt Place, Southampton is a modern leasehold apartment with 1,550 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Newitt Place, Southampton is £343,956 and the estimated rental value is £1,527 per month.
Newitt Place, Southampton, SO16 is located within the SO16 postal district.
1, Newitt Place, Southampton has 31 entries in the Land Registry , most recently in April 2018 and a single entry in the EPC database dated November 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 1, Newitt Place, Southampton is in very good condition we estimate a sale value of £361,154 and a rental value of £1,604 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £319,879 and a rental value of £1,421 per month.
Over the last 12 months the sale value of 1 Newitt Place Southampton has decreased by an estimated £16,934 (4.9%) and its rental value has increased by an estimated £22 per month (1.5%), giving an expected gross yield of 5.3%.
1, Newitt Place, Southampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Nov 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
According to HM Land Registry, 1, Newitt Place, Southampton was last sold on 16th April 2018 for £310,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since April 2018, the market for similar properties has dropped 15.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Newitt Place, Southampton within a radius of 620 metres over the last 2 years.
The most recent example is 8, Newitt Place, Southampton, SO16 7FA, a leasehold flat which sold for £320,000 on the 26th April 2024.
Read more about house prices in SO16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newitt Place, Southampton, SO16 has a total of 45 addresses. According to our analysis of all the public data, 1, Newitt Place, Southampton is the 9th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £58k more expensive than the average property in SO16.
The closest station to 1, Newitt Place, Southampton is Swaythling station which is 2.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 1, Newitt Place, Southampton, 47.3% of property is privately owned with a mortgage and 40.7% is privately owned outright.
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, Newitt Place, Southampton, 20.3% of residents are recorded as possessing school level qualifications and 57.8% 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, Newitt Place, Southampton, the average age was 36.1 and the most common age was 17.
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, Newitt Place, Southampton, 1.4% 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, Newitt Place, Southampton, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
