The Lennox Building, 46 Mercator Close

    THE LENNOX BUILDING, 46, MERCATOR CLOSE, SOUTHAMPTON, SO16 4HW

    This flat/maisonette leasehold property on Mercator Close last sold in November 2023 for £148,000. Based on price growth in the SO16 district since then, its estimated current value is £160,775 — placing it in the 15th percentile nationally and the 11th percentile within SO16. The property covers 44 m² (474 sq ft), giving an estimated value of £3,654 per m². The EPC rating is A, with a potential rating of A.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    474 sq ft

    44 m²

    Last Sale Price

    £148,000

    Nov 2023

    Estimated Valuation

    £160,775

    Est. £/sq ft

    £339/sq ft

    £3,654/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2017
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentA
    EPC potentialA
    Floor area474 sq ft (44 m²)
    EPC dateJan 2017
    WallsAverage thermal transmittance 0.29 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Nov 2023

    £148,000

    27 Jan 2017

    New build

    £145,000

    Key Metrics

    Estimated valuation£160,775
    Value per sq ft / m²£339/sq ft (£3,654/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SO16 district percentile11th percentile
    National percentile15th percentile

    District Context — SO16

    SO16 covers Southampton's southern districts, including areas like Itchen and Woolston, positioned along the waterfront and inner suburban fringes of the city. The area blends residential neighbourhoods with maritime heritage and offers a mix of established and regenerating communities.

    Average Property Price - SO16

    £317,539

    47

    National percentile

    Average Net Household Income - SO16

    £41,362

    64

    National percentile

    10-Year Annualised Price Growth - SO16

    3.5%

    45

    National percentile

    10-Year Annualised Rent Growth - SO

    3.8%

    44

    National percentile

    View full analysis for SO16

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