Flat 2, Cedar Lodge 72
Flat 2, Cedar Lodge 72
Description & Estimates
Flat 2, Cedar Lodge 72, Southampton is recorded publicly as a modern leasehold apartment across 436 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a balcony.
Our estimate of the sale value of Flat 2, Cedar Lodge 72, Southampton is £144,720 and its rental estimate is £732 per month, given the available information and assuming reasonable condition.
Cedar Lodge, Oakley Road is a residential building on Oakley Road, Southampton, SO16 and falls within the SO16 postal district.
Our Data Sources
Flat 2, Cedar Lodge 72, Southampton has 41 entries in the Land Registry , most recently in July 2011 and a single entry in the EPC database dated April 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 Flat 2, Cedar Lodge 72, Southampton, we estimate a market value of £151,956 and a rental value of £769 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £134,590 and £681 per month respectively.
Recent Market Change
Over the last year, Flat 2, Cedar Lodge 72, Southampton has seen its estimated sale value decline by £3,364 (2.3%) and its estimated rental value climb by £27 per month (3.7%). This results in an estimated gross rental yield of 6.1%.
Energy Efficiency
Flat 2, Cedar Lodge 72, Southampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Apr 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 2, Cedar Lodge 72, Southampton completed on 21st July 2011 at £96,100 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 26.7% over the period since July 2011.
- Sold Jul 2011£96,100
- Sold Dec 2010£118,000
- Sold Oct 2009£114,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, Cedar Lodge 72, Southampton have sold within a radius of 450 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th August 2023, was Flat 26, Cedar Lodge 72, Oakley Road, Southampton, SO16 4LE, a leasehold flat which sold for £210,000.
Read more about house prices in SO16.
- Sold Aug 2023£210,000 | 2 Bed FlatCedar Lodge 72, Oakley RoadFlat 26, Cedar Lodge 72, Oakley Road, Southampton, SO16 4LE
- Sold Aug 2022£154,000 | 2 Bed FlatCedar Lodge 72, Oakley RoadFlat 25, Cedar Lodge 72, Oakley Road, Southampton, SO16 4LE
- Sold Dec 2020£141,500 | 1 Bed FlatCedar Lodge 72, Oakley RoadFlat 1, Cedar Lodge 72, Oakley Road, Southampton, SO16 4LE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 338 addresses on Oakley Road, Southampton, SO16, Flat 2, Cedar Lodge 72, Southampton comes out as the 329th largest and the 213th most expensive in our analysis of the public data.
It is also £141k less expensive than the average property across the SO16 district.
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Schools Nearby
- 600mFoundry Lane Primary School
- 700mTanners Brook Primary School
- 700mWordsworth Primary and Nursery School
- 100mRegents Park Community College
- 1.5kmUpper Shirley High School
- 1.6kmOasis Academy Lord's Hill
More reading links
Public Transport Nearby
From Flat 2, Cedar Lodge 72, Southampton, the nearest station is Millbrook (Hants), 1.3 kilometres away.
- 1.3kmMillbrook (Hants)
- 2.0kmRedbridge
- 2.6kmSouthampton Central
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.
