2, Park Close
2, Park Close
Description & Estimates
2, Park Close, Southampton is recorded publicly as a modern freehold house across 1,345 ft2 of internal area, sitting on a 291 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Park Close, Southampton is £454,415 and its rental estimate is £1,869 per month, given the available information and assuming reasonable condition.
Park Close, Marchwood, Southampton, SO40 falls within the SO40 postal district, in the borough of New Forest.
Our Data Sources
2, Park Close, Southampton has a single entry in the Land Registry from September 2016 and a single entry in the EPC database dated March 2014.
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.
Price Range & Condition
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 2, Park Close, Southampton, we estimate a market value of £477,136 and a rental value of £1,962 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £422,606 and £1,738 per month respectively.
Recent Market Change
Over the last year, 2, Park Close, Southampton has seen its estimated sale value decline by £6,545 (1.4%) and its estimated rental value climb by £76 per month (4.1%). This results in an estimated gross rental yield of 4.9%.
Plot Size
HM Land Registry records the plot of land for 2, Park Close, Southampton as measuring 291 m2.
That makes it the 9th largest plot in the postcode, where all 14 other houses have recorded plot data.
Energy Efficiency
2, Park Close, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Mar 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Park Close, Southampton completed on 23rd September 2016 at £395,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 16.3% over the period since September 2016.
- Sold Sep 2016£395,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Park Close, Southampton have sold within a radius of 1.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th August 2023, was 5, Park Close, Southampton, SO40 4PD, a freehold house which sold for £450,000.
Read more about house prices in SO40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 14 addresses on Park Close, Marchwood, Southampton, SO40, 2, Park Close, Southampton comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £88k more expensive than the average property across the SO40 district.
More reading links
Schools Nearby
- 1.0kmMarchwood Church of England Infant School
- 1.1kmMarchwood Junior School
- 2.8kmEling Infant School and Nursery
- 2.3kmHounsdown School
- 3.4kmRedbridge Community School
- 3.9kmRegents Park Community College
More reading links
Public Transport Nearby
From 2, Park Close, Southampton, the nearest station is Totton, 3.1 kilometres away.
- 3.1kmTotton
- 3.2kmRedbridge
- 3.2kmMillbrook (Hants)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
