3, Merchants Walk
3, Merchants Walk
Description & Estimates
According to the public record, 3, Merchants Walk, Southampton is a modern leasehold house with 1,227 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Merchants Walk, Southampton is £390,766 and the estimated rental value is £1,707 per month.
Merchants Walk, Southampton, SO14 is located within the SO14 postal district.
Our Data Sources
3, Merchants Walk, Southampton has 2 entries in the Land Registry , most recently in April 2022 and a single entry in the EPC database dated May 2018.
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.
Price Range & Condition
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 3, Merchants Walk, Southampton is in very good condition we estimate a sale value of £410,305 and a rental value of £1,793 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £363,413 and a rental value of £1,588 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, Merchants Walk, Southampton has fallen by £10,345 (2.6%), while its estimated rental value has moved up by £65 per month (3.8%). Based on current estimates, the property offers a gross rental yield of 5.2%.
Energy Efficiency
3, Merchants Walk, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 May 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 3, Merchants Walk, Southampton was last sold on 4th April 2022 for £415,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since April 2022, the market for similar properties has dropped by 24.6%.
- Sold Apr 2022£415,000
- Sold Aug 2018£350,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Merchants Walk, Southampton within a radius of 370 metres over the last 2 years.
The most recent example is 13, Westgate Street, Southampton, SO14 2AY, a freehold house which sold for £290,000 on the 29th November 2024.
Read more about house prices in SO14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Merchants Walk, Southampton, SO14 has a total of 6 addresses. According to our analysis of all the public data, 3, Merchants Walk, Southampton is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £192k more expensive than the average property in SO14.
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Schools Nearby
- 100mSt John's Primary and Nursery School
- 800mHope Community School Southampton
- 1.1kmSt Mary's Church of England Primary School & Nursery
- 1.8kmSt Anne's Catholic School
- 3.4kmOasis Academy Sholing
- 3.5kmWeston Secondary School
More reading links
Public Transport Nearby
The closest station to 3, Merchants Walk, Southampton is Southampton Central station, which is 1.1 kilometres away.
- 1.1kmSouthampton Central
- 2.1kmWoolston
- 2.4kmMillbrook (Hants)
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
