Flat 60, Compass Point 450
Flat 60, Compass Point 450
Description & Estimates
Flat 60, Compass Point 450, Southampton is recorded publicly as a modern leasehold apartment across 355 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 60, Compass Point 450, Southampton is £145,478 and its rental estimate is £776 per month, given the available information and assuming reasonable condition.
Compass Point, Romsey Road is a residential building on Romsey Road, Nursling, Southampton, SO16 and falls within the SO16 postal district.
Our Data Sources
Flat 60, Compass Point 450, Southampton has a single entry in the Land Registry from May 2023 and a single entry in the EPC database dated September 2022.
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 60, Compass Point 450, Southampton, we estimate a market value of £152,752 and a rental value of £815 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £135,294 and £722 per month respectively.
Recent Market Change
Over the last year, Flat 60, Compass Point 450, Southampton has seen its estimated sale value decrease by £4,508 (3.1%) and its estimated rental value grow by £21 per month (2.7%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
Flat 60, Compass Point 450, Southampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Sep 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 60, Compass Point 450, Southampton completed on 25th May 2023 at £145,000 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 16.8% over the period since May 2023.
- Sold May 2023£145,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 60, Compass Point 450, Southampton have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th January 2024, was Flat 178, Compass Point 450, Romsey Road, Southampton, SO16 4JH, a leasehold flat which sold for £145,000.
Read more about house prices in SO16.
- Sold Jan 2024£145,000 | 1 Bed FlatCompass Point 450, Romsey RoadFlat 178, Compass Point 450, Romsey Road, Southampton, SO16 4JH
- Sold Dec 2023£143,000 | 1 Bed FlatCompass Point 450, Romsey RoadFlat 117, Compass Point 450, Romsey Road, Southampton, SO16 4JG
- Sold Nov 2023£155,000 | 1 Bed FlatCompass Point 450, Romsey RoadFlat 183, Compass Point 450, Romsey Road, Southampton, SO16 4JH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 618 addresses on Romsey Road, Nursling, Southampton, SO16, Flat 60, Compass Point 450, Southampton comes out as the 445th largest and the 388th most expensive in our analysis of the public data.
It is also £141k less expensive than the average property across the SO16 district.
More reading links
Schools Nearby
- 700mNewlands Primary School
- 800mShirley Warren Primary & Nursery School
- 1.0kmFairisle Infant and Nursery School
- 400mOasis Academy Lord's Hill
- 1.2kmRegents Park Community College
- 1.6kmRedbridge Community School
More reading links
Public Transport Nearby
From Flat 60, Compass Point 450, Southampton, the nearest station is Redbridge, 2.0 kilometres away.
- 2.0kmRedbridge
- 2.6kmMillbrook (Hants)
- 2.7kmTotton
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
