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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
57, Ridding Close, Southampton is described in the public record as a mid-century apartment with 484 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 57, Ridding Close, Southampton is £107,816 and its rental estimate is £866 per month, given the available information and assuming reasonable condition.
Ridding Close, Southampton, SO15 falls within the SO15 postal district.
57, Ridding Close, Southampton has no records in the the Land Registry and a single entry in the EPC database dated June 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 57, Ridding Close, Southampton, we estimate a market value of £113,207 and a rental value of £909 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £100,269 and £805 per month respectively.
Over the last year, 57, Ridding Close, Southampton has seen its estimated sale value drop by £4,659 (4.3%) and its estimated rental value rise by £20 per month (2.3%). This results in an estimated gross rental yield of 9.6%.
57, Ridding Close, Southampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jun 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
Over the past 2 years 3 properties similar to 57, Ridding Close, Southampton have sold within a radius of 410 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st October 2022, was 21, Vaudrey Close, Southampton, SO15 5PX, a leasehold flat which sold for £100,000.
Read more about house prices in SO15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 111 addresses on Ridding Close, Southampton, SO15, 57, Ridding Close, Southampton comes out as the 81st largest and the 56th most expensive in our analysis of the public data.
It is also £150k less expensive than the average property across the SO15 district.
From 57, Ridding Close, Southampton, the nearest station is Millbrook (Hants), 1.5 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 57, Ridding Close, Southampton, 47.9% of property is socially rented and 18.6% 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 57, Ridding Close, Southampton, 21.1% of residents are recorded as possessing school level qualifications and 31.4% 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 57, Ridding Close, Southampton, the average age was 36.4 and the most common age was 32.
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 57, Ridding Close, Southampton, 1.5% 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 57, Ridding Close, Southampton, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
