Flat 4 Rainbow Place, 27 - 29 Richmond Road

    FLAT 4 RAINBOW PLACE, 27 - 29, RICHMOND ROAD, SOUTHAMPTON, SO15 3FT

    This flat/maisonette leasehold property on Richmond Road last sold in May 2021 for £147,000. Based on price growth in the SO15 district since then, its estimated current value is £148,926 — placing it in the 12th percentile nationally and the 18th percentile within SO15. The property covers 58 m² (624 sq ft), giving an estimated value of £2,568 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £147,000

    May 2021

    Estimated Valuation

    £148,926

    Est. £/sq ft

    £239/sq ft

    £2,568/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area624 sq ft (58 m²)
    EPC dateOct 2019
    WallsCavity wall, filled cavity
    HeatingRoom heaters, electric

    Transaction History

    4 May 2021

    £147,000

    22 Apr 2015

    £140,000

    31 Mar 2010

    £137,500

    23 Jun 2000

    £63,950

    Key Metrics

    Estimated valuation£148,926
    Value per sq ft / m²£239/sq ft (£2,568/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SO15 district percentile18th percentile
    National percentile12th 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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