5, Speedwell Close
5, Speedwell Close
Description & Estimates
5, Speedwell Close, Southampton is recorded publicly as a modern leasehold apartment across 516 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 5, Speedwell Close, Southampton is £144,652 and its rental estimate is £910 per month, given the available information and assuming reasonable condition.
Speedwell Close, Locks Heath, Southampton, SO31 falls within the SO31 postal district, in the borough of Fareham.
Our Data Sources
5, Speedwell Close, Southampton has 31 entries in the Land Registry , most recently in March 2016 and a single entry in the EPC database dated August 2021.
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
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 5, Speedwell Close, Southampton, we estimate a market value of £151,885 and a rental value of £956 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £134,527 and £846 per month respectively.
Recent Market Change
Over the last year, 5, Speedwell Close, Southampton has seen its estimated sale value decrease by £1,631 (1.1%) and its estimated rental value grow by £27 per month (3.0%). This results in an estimated gross rental yield of 7.6%.
Energy Efficiency
5, Speedwell Close, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Aug 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 5, Speedwell Close, Southampton completed on 4th March 2016 at £120,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 23.8% over the period since March 2016.
- Sold Mar 2016£120,000
- Sold Sep 2011£94,999
- Sold Mar 1999£45,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Speedwell Close, Southampton have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st June 2021, was 17, Pimpernel Close, Southampton, SO31 6TN, a leasehold flat which sold for £157,500.
Read more about house prices in SO31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 16 addresses on Speedwell Close, Locks Heath, Southampton, SO31, 5, Speedwell Close, Southampton comes out as the 15th largest and the 15th most expensive in our analysis of the public data.
It is also £275k less expensive than the average property across the SO31 district.
More reading links
Schools Nearby
- 500mLocks Heath Junior School
- 600mLocks Heath Infant & Nursery School
- 1.2kmHook-With-Warsash Church of England Academy
- 1.1kmBrookfield Community School
- 3.8kmThe Hamble School
- 4.3kmThe Henry Cort Community College
More reading links
Public Transport Nearby
From 5, Speedwell Close, Southampton, the nearest station is Swanwick, 2.4 kilometres away.
- 2.4kmSwanwick
- 3.6kmBursledon
- 3.8kmHamble
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.
