Flat 2, Chilworth Lakes
Flat 2, Chilworth Lakes
Description & Estimates
Flat 2, Chilworth Lakes, Southampton is recorded publicly as a modern leasehold apartment across 1,657 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 2, Chilworth Lakes, Southampton is £668,736 and its rental estimate is £2,970 per month, given the available information and assuming reasonable condition.
Chilworth Lakes, Pine Way is a residential building on Pine Way, Southampton, SO16 and falls within the SO16 postal district.
Our Data Sources
Flat 2, Chilworth Lakes, Southampton has a single entry in the Land Registry from February 2019 and a single entry in the EPC database dated February 2018.
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 Flat 2, Chilworth Lakes, Southampton, we estimate a market value of £702,173 and a rental value of £3,118 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £621,924 and £2,762 per month respectively.
Recent Market Change
Over the last year, Flat 2, Chilworth Lakes, Southampton has seen its estimated sale value decrease by £32,923 (4.9%) and its estimated rental value grow by £43 per month (1.5%). This results in an estimated gross rental yield of 5.3%.
Energy Efficiency
Flat 2, Chilworth Lakes, Southampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Feb 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
The most recent sale of Flat 2, Chilworth Lakes, Southampton completed on 4th February 2019 at £715,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 4.3% over the period since February 2019.
- Sold Feb 2019£715,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, Chilworth Lakes, Southampton have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd September 2022, was 9, Gainsbrooke, Southampton, SO16 7LQ, a leasehold flat which sold for £2,700,000.
Read more about house prices in SO16.
- Sold Sep 2022£2,700,000 | 3 Bed FlatGainsbrooke9, Gainsbrooke, Southampton, SO16 7LQ
- Sold Feb 2019£460,000 | 3 Bed FlatBracken Place6 Bracken Hall, Bracken Place, Southampton, SO16 3ET
- Sold Aug 2014£410,000 | 3 Bed FlatChilworth Lakes, Pine WayFlat 1, Chilworth Lakes, Pine Way, Southampton, SO16 7HF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 16 addresses on Pine Way, Southampton, SO16, Flat 2, Chilworth Lakes, Southampton comes out as the 12th largest and the 11th most expensive in our analysis of the public data.
It is also £383k more expensive than the average property across the SO16 district.
More reading links
Schools Nearby
- 2.0kmNightingale Primary School
- 2.1kmBassett Green Primary School
- 2.3kmOakwood Primary School
- 1.6kmCantell School
- 2.0kmSaint George Catholic Voluntary Aided College Southampton
- 3.1kmUpper Shirley High School
More reading links
Public Transport Nearby
From Flat 2, Chilworth Lakes, Southampton, the nearest station is Swaythling, 2.6 kilometres away.
- 2.6kmSwaythling
- 3.1kmSouthampton Airport Parkway
- 3.4kmChandlers Ford
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.
