Flat 5 Lance House, 16 - 18 Upper Banister Street

    FLAT 5 LANCE HOUSE, 16 - 18, UPPER BANISTER STREET, SOUTHAMPTON, SO15 2EF

    This flat/maisonette leasehold property on Upper Banister Street last sold in October 2021 for £120,000. Based on price growth in the SO15 district since then, its estimated current value is £121,572 — placing it in the 7th percentile nationally and the 9th percentile within SO15. The property covers 30 m² (323 sq ft), giving an estimated value of £4,052 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    323 sq ft

    30 m²

    Last Sale Price

    £120,000

    Oct 2021

    Estimated Valuation

    £121,572

    Est. £/sq ft

    £376/sq ft

    £4,052/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction age2017
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentC
    EPC potentialC
    Floor area323 sq ft (30 m²)
    EPC dateOct 2018
    WallsAverage thermal transmittance 0.43 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    8 Oct 2021

    £120,000

    18 Oct 2019

    New build

    £115,000

    Key Metrics

    Estimated valuation£121,572
    Value per sq ft / m²£376/sq ft (£4,052/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SO15 district percentile9th percentile
    National percentile7th percentile

    District Context — SO15

    SO15 covers the central Southampton area, including the city centre and surrounding residential neighbourhoods. It is a diverse, urban district with a strong rental market and considerable student and young professional populations.

    Average Property Price - SO15

    £284,882

    38

    National percentile

    Average Net Household Income - SO15

    £41,194

    63

    National percentile

    10-Year Annualised Price Growth - SO15

    3.4%

    43

    National percentile

    10-Year Annualised Rent Growth - SO

    3.8%

    44

    National percentile

    View full analysis for SO15

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