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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
According to the public record, 7, Summit Way, Southampton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 672 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Summit Way, Southampton is £158,220 and the estimated rental value is £978 per month.
Summit Way, Southampton, SO18 is located within the SO18 postal district.
7, Summit Way, Southampton has 21 entries in the Land Registry , most recently in September 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 7, Summit Way, Southampton is in very good condition we estimate a sale value of £166,131 and a rental value of £1,027 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £147,144 and a rental value of £910 per month.
Over the last 12 months the sale value of 7 Summit Way Southampton has decreased by an estimated £9,604 (6.1%) and its rental value has increased by an estimated £18 per month (1.9%), giving an expected gross yield of 7.4%.
According to HM Land Registry, 7, Summit Way, Southampton was last sold on 27th September 2007 for £112,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2007, the market for similar properties has risen 5.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Summit Way, Southampton within a radius of 480 metres over the last 2 years.
The most recent example is 46, Vale Drive, Southampton, SO18 4SX, a leasehold flat which sold for £177,840 on the 8th March 2023.
Read more about house prices in SO18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Summit Way, Southampton, SO18 has a total of 70 addresses. According to our analysis of all the public data, 7, Summit Way, Southampton is the 39th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £102k less expensive than the average property in SO18.
The closest station to 7, Summit Way, Southampton is Bitterne station which is 1.1 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, Summit Way, Southampton, 34.6% of property is privately owned with a mortgage and 22.6% is socially rented.
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 7, Summit Way, Southampton, 20.3% of residents are recorded as possessing school level qualifications and 23.2% 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 7, Summit Way, Southampton, the average age was 40 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 7, Summit Way, Southampton, 0.3% 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 7, Summit Way, Southampton, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
