Ground Floor Flat, 68
Ground Floor Flat, 68
Description & Estimates
Ground Floor Flat, 68, Paynes Road, Southampton appears in the public record as a Leasehold apartment.
We estimate it to be a period apartment with 795 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Ground Floor Flat, 68, Paynes Road, Southampton is £160,342 and its rental estimate is £1,099 per month, given the available information and assuming reasonable condition.
68, Paynes Road is a residential building on Paynes Road, Southampton, SO15 and falls within the SO15 postal district.
Our Data Sources
Ground Floor Flat, 68, Paynes Road, Southampton has 41 entries in the Land Registry , most recently in June 2012 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 1 out of 5 and is considered of low 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 Ground Floor Flat, 68, Paynes Road, Southampton, we estimate a market value of £168,359 and a rental value of £1,154 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £149,118 and £1,022 per month respectively.
Recent Market Change
Over the last year, Ground Floor Flat, 68, Paynes Road, Southampton has seen its estimated sale value decline by £7,643 (4.8%) and its estimated rental value climb by £20 per month (1.8%). This results in an estimated gross rental yield of 8.2%.
Sold Prices
The most recent sale of Ground Floor Flat, 68, Paynes Road, Southampton completed on 1st June 2012 at £166,250 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 46.6% over the period since June 2012.
- Sold Jun 2012£166,250
- Sold Jun 2007£131,000
- Sold Jul 1999£30,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Ground Floor Flat, 68, Paynes Road, Southampton have sold within a radius of 350 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th October 2024, was Flat 3, 200, Millbrook Road East, Southampton, SO15 1JR, a leasehold flat which sold for £160,000.
Read more about house prices in SO15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 351 addresses on Paynes Road, Southampton, SO15, Ground Floor Flat, 68, Paynes Road, Southampton comes out as the 63rd largest and the 110th most expensive in our analysis of the public data.
It is also £97k less expensive than the average property across the SO15 district.
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Schools Nearby
- 100mFreemantle Church of England Community Academy
- 800mSpringhill Catholic Primary School
- 900mFoundry Lane Primary School
- 1.4kmSt Anne's Catholic School
- 1.6kmRegents Park Community College
- 1.9kmUpper Shirley High School
More reading links
Public Transport Nearby
From Ground Floor Flat, 68, Paynes Road, Southampton, the nearest station is Millbrook (Hants), 600 metres away.
- 600mMillbrook (Hants)
- 1.0kmSouthampton Central
- 2.8kmSt Denys
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.
