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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
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According to the public record, Flat 4, 69, Locks Road, Southampton is a modern leasehold apartment with 904 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 4, 69, Locks Road, Southampton is £229,927 and the estimated rental value is £1,103 per month.
The apartment is within 69, Locks Road, Locks Heath, Southampton, SO31.
Locks Road, Locks Heath, Southampton, SO31 is located in the borough of Fareham within the SO31 postal district.
Flat 4, 69, Locks Road, Southampton has a single entry in the Land Registry from September 2008 and a single entry in the EPC database dated December 2015.
We combine this information with that 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.
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 Flat 4, 69, Locks Road, Southampton is in very good condition we estimate a sale value of £241,424 and a rental value of £1,158 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £213,832 and a rental value of £1,026 per month.
Over the last 12 months the sale value of Flat 4 69 Locks Road Southampton has decreased by an estimated £5,026 (2.2%) and its rental value has increased by an estimated £26 per month (2.4%), giving an expected gross yield of 5.8%.
Flat 4, 69, Locks Road, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Dec 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 4, 69, Locks Road, Southampton was last sold on 9th September 2008 for £210,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2008, the market for similar properties has risen 23.3%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 4, 69, Locks Road, Southampton within a radius of 620 metres over the last 2 years.
The most recent example is Flat 17, Flagstaff House 75, Heath Road, Southampton, SO31 6BJ, a leasehold flat which sold for £270,000 on the 18th January 2023.
Read more about house prices in SO31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Locks Road, Locks Heath, Southampton, SO31 has a total of 261 addresses. According to our analysis of all the public data, Flat 4, 69, Locks Road, Southampton is the 198th largest and the 238th most expensive property on the street.
When compared to the postcode district it is £190k less expensive than the average property in SO31.
The closest station to Flat 4, 69, Locks Road, Southampton is Swanwick station which is 1.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, 69, Locks Road, Southampton, 64.7% of property is privately owned outright and 21.0% is privately owned with a mortgage.
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 Flat 4, 69, Locks Road, Southampton, 10.7% of residents are recorded as possessing school level qualifications and 30.0% 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 Flat 4, 69, Locks Road, Southampton, the average age was 45.5 and the most common age was 57.
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 Flat 4, 69, Locks Road, Southampton, 1.0% 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 Flat 4, 69, Locks Road, Southampton, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.
