5, Merchants Walk
5, Merchants Walk
Description & Estimates
Public records show 5, Merchants Walk, Southampton to be a modern leasehold house with 1,463 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
5, Merchants Walk, Southampton has an estimated sale value of £411,471 and an estimated rental value of £1,798 per month, assuming reasonable condition and based on the information available.
Merchants Walk, Southampton, SO14 lies within the SO14 postal district.
Our Data Sources
5, Merchants Walk, Southampton has a single entry in the Land Registry from March 2007 and a single entry in the EPC database dated May 2012.
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
In very good condition, we estimate 5, Merchants Walk, Southampton would be worth £432,044, with a potential rental value of £1,888 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £382,668, with a rental value of £1,672 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5, Merchants Walk, Southampton has decreased by £10,893 (2.6%) over the last year. During the same period, its estimated monthly rental value has grown by £68 (3.8%). The property's estimated gross yield is currently 5.2%.
Energy Efficiency
5, Merchants Walk, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 May 2012.
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
5, Merchants Walk, Southampton last changed hands on 30th March 2007, selling for £322,500. The transaction was logged as a leasehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 1.6% since March 2007.
- Sold Mar 2007£322,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 380 metres of 5, Merchants Walk, Southampton across the last 2 years.
Most recently, 1, Bugle Street, Southampton, SO14 2AL, a freehold house, sold at £375,000 on the 4th June 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
Our analysis of the public data ranks 5, Merchants Walk, Southampton as the largest and the most expensive of the 6 addresses on Merchants Walk, Southampton, SO14.
Against the SO14 postcode district average, it is £213k more expensive than the typical property.
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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
Southampton Central station is the nearest stop to 5, Merchants Walk, Southampton at 1.1 kilometres away.
- 1.1kmSouthampton Central
- 2.1kmWoolston
- 2.4kmMillbrook (Hants)
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
