Flats/Maisonettes 2 sales on record

29 ORMOND CLOSE

FAIR OAK, EASTLEIGH, HAMPSHIRE, SO50 8FG

£235,000

Location

Map view View on Google Maps View on OpenStreetMap Street View SO50 8FG

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	The Co-operative Food	0.2 miles
Bus stop	Victena Road	0.2 miles
Train station	Eastleigh	1.8 miles
University	Boldrewood Innovation Campus	4.7 miles
Hospital	Royal South Hants Urgent Treatment Centre	5.4 miles

Property details

Tenure

Leasehold

Property type

Flat

Floor area

60 m²

EPC rating

Year built

England and Wales: 1976-1982

Last sold

£235,000 Jan 2026

Price per m²

£3,917/m²

Local average

£211,108 (30 sales)

Street crime

68 incidents within 1 mile (Apr 2026)

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 19/03/2025

Expiry date: 18/03/2035

Current heating cost: £432/year

Potential heating cost: £329/year

Est. upgrade cost to C: £6,000

Recommendations

Cavity wall insulation (£500 - £1,500)
Floor insulation (solid floor) (£4,000 - £6,000)

View full EPC on gov.uk

Price history

Event	Date	Price	Type	% change	Today’s value (HPI)	Action
Sold	23/01/2026	£235,000	Flat	+27%	£231,420 to March 2026	View transaction
Sold	19/02/2021	£185,000	Flat	—	£186,028 to March 2026	View transaction

Historic listings

No historic listing events could be matched to the sales on record for this address. We only show events where a listing page could be linked to a Land Registry sale here.

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address	Price	Date	Type
62 OLYMPIC WAY, BISHOPSTOKE, EASTLEIGH, HAMPSHIRE, SO50 8QA	£106,000	21/01/2026	Flat
10 TORCH CLOSE, BISHOPSTOKE, EASTLEIGH, HAMPSHIRE, SO50 8PW	£165,000	28/11/2025	Flat
17 MARATHON PLACE, BISHOPSTOKE, EASTLEIGH, HAMPSHIRE, SO50 8PX	£160,000	12/12/2022	Flat
16 ORMOND CLOSE, FAIR OAK, EASTLEIGH, HAMPSHIRE, SO50 8FG	£190,000	12/10/2022	Flat
19 MARATHON PLACE, BISHOPSTOKE, EASTLEIGH, HAMPSHIRE, SO50 8PX	£161,000	29/09/2022	Flat
6 TORCH CLOSE, BISHOPSTOKE, EASTLEIGH, HAMPSHIRE, SO50 8PW	£162,500	02/09/2022	Flat
33 ORMOND CLOSE, FAIR OAK, EASTLEIGH, HAMPSHIRE, SO50 8FG	£235,000	01/07/2022	Flat
63 OLYMPIC WAY, BISHOPSTOKE, EASTLEIGH, HAMPSHIRE, SO50 8PZ	£80,000	06/01/2022	Flat
68 BRUNSWICK ROAD, FAIR OAK, EASTLEIGH, HAMPSHIRE, SO50 8FE	£217,500	05/01/2022	Flat
18 ORMOND CLOSE, FAIR OAK, EASTLEIGH, HAMPSHIRE, SO50 8FG	£196,000	16/08/2021	Flat

Area average: £167,300 (10 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 16.9%

10y growth 20.4%

House Price Index (HM Land Registry — official index, not sold-price averages): Eastleigh. Series: Flats and maisonettes. As of March 2026.

1y (index) -3.7%

5y (index) -0.3%

10y (index) 11.3%

Rental Range

Estimated market rent for Eastleigh. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,087/mo

Realistic £1,208/mo

Optimistic £1,329/mo

Based on Local Authority from postcode lookup → Eastleigh.

LHA (30th percentile) floor for Southampton: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
1 Bed Bungalow, St. Thomas Court, SO50	£895/mo	1	0.57 miles	OpenRent

Average rent: £895/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.38%

Max investor price (0.8%) £111,875

Target investor price (1%) £89,500

Gross yield 4.6%

Cost-to-rent ratio 21.9×

Monthly cashflow £-145/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -2.6%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Not in Flood Risk Area (no data)

Street-level crime

Category	Count
Violence and sexual offences	24
Anti-social behaviour	8
Criminal damage and arson	7
Public order	6
Drugs	5
Other theft	5
Shoplifting	5
Vehicle crime	4
Other crime	2
Burglary	1
Possession of weapons	1
Total incidents	68

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
The King's School	Other	0.6 miles	— (No rating)
Wyvern College	Secondary	0.7 miles	Good — 29 Apr 2014
Stoke Park Infant School	Primary	0.7 miles	Good — 9 Jun 2014
Fair Oak Junior School	Primary	0.7 miles	Good — 21 May 2015
Fair Oak Infant School	Primary	0.8 miles	Good — 10 Nov 2021

FENSA

Window and door installation certificates found for this address.

Issued	Work completed	Windows	Doors
23/05/2021	19/05/2021	2	1

# 29 ORMOND CLOSE, FAIR OAK, EASTLEIGH, HAMPSHIRE, SO50 8FG

## Property details

- Slug: `697c0f2` (address key hash: `697c0f29bb3aea74c79272279654de09484dd1f6`)
- Postcode: SO50 8FG
- Transactions on record: 2

- Tenure: Leasehold
- Property type: Flat
- Floor area: 60 m²
- EPC rating: C
- Year built: England and Wales: 1976-1982
- Last sold: £235,000 Jan 2026
- Price per m²: £3,917/m²
- Local average: £211,108 (30 sales)
- Street crime: 68 incidents within 1 mile (Apr 2026)

## Latest sale

- Price: £235,000
- Date: 2026-01-23
- Type: F
- Tenure: L

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 18/03/2035
- **Current heating cost:** £432/year
- **Est. upgrade cost to C:** £6,000

### Recommendations
- B (£500 - £1,500)
- W2 (£4,000 - £6,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/4035-3027-6400-0381-8292)

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-01-23 | £235,000 | Flat | +27% | £231,420 (to March 2026) | [View](http://87.117.209.195:8080/house-prices/49e87c31-f24a-591c-e063-4704a8c00c31) |
| Sold | 2021-02-19 | £185,000 | Flat | — | £186,028 (to March 2026) | [View](http://87.117.209.195:8080/house-prices/c18f412a-ddab-81a6-e053-6b04a8c0ad18) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 29 ORMOND CLOSE, FAIR OAK, EASTLEIGH, HAMPSHIRE, SO50 8FG | £235,000 | 23/01/2026 | Flat |
| 29 ORMOND CLOSE, FAIR OAK, EASTLEIGH, HAMPSHIRE, SO50 8FG | £185,000 | 19/02/2021 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 62 OLYMPIC WAY, BISHOPSTOKE, EASTLEIGH, HAMPSHIRE, SO50 8QA | £106,000 | 21/01/2026 | Flat |
| 10 TORCH CLOSE, BISHOPSTOKE, EASTLEIGH, HAMPSHIRE, SO50 8PW | £165,000 | 28/11/2025 | Flat |
| 17 MARATHON PLACE, BISHOPSTOKE, EASTLEIGH, HAMPSHIRE, SO50 8PX | £160,000 | 12/12/2022 | Flat |
| 16 ORMOND CLOSE, FAIR OAK, EASTLEIGH, HAMPSHIRE, SO50 8FG | £190,000 | 12/10/2022 | Flat |
| 19 MARATHON PLACE, BISHOPSTOKE, EASTLEIGH, HAMPSHIRE, SO50 8PX | £161,000 | 29/09/2022 | Flat |
| 6 TORCH CLOSE, BISHOPSTOKE, EASTLEIGH, HAMPSHIRE, SO50 8PW | £162,500 | 02/09/2022 | Flat |
| 33 ORMOND CLOSE, FAIR OAK, EASTLEIGH, HAMPSHIRE, SO50 8FG | £235,000 | 01/07/2022 | Flat |
| 63 OLYMPIC WAY, BISHOPSTOKE, EASTLEIGH, HAMPSHIRE, SO50 8PZ | £80,000 | 06/01/2022 | Flat |
| 68 BRUNSWICK ROAD, FAIR OAK, EASTLEIGH, HAMPSHIRE, SO50 8FE | £217,500 | 05/01/2022 | Flat |
| 18 ORMOND CLOSE, FAIR OAK, EASTLEIGH, HAMPSHIRE, SO50 8FG | £196,000 | 16/08/2021 | Flat |

**Area average:** £167,300 (10 sales)

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 16.9%
- **10y growth:** 20.4%

## House Price Index (HM Land Registry)

*Official index for Eastleigh; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -3.7%
- **5y growth (index):** -0.3%
- **10y growth (index):** 11.3%

## Rental Range

*ONS Price Index of Private Rents (Eastleigh). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,087/mo
- **Realistic:** £1,208/mo
- **Optimistic:** £1,329/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Southampton (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Bungalow, St. Thomas Court, SO50 | £895/mo | 1 | 0.57 miles | OpenRent |

**Average rent: £895/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.38% (weak for cashflow)
- **Max investor price (0.8%):** £111,875
- **Target investor price (1%):** £89,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £895/mo).*

- **Gross yield:** 4.6%
- **Cost-to-rent:** 21.9×
- **Monthly cashflow:** £-145/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -2.6%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Not in Flood Risk Area (no data)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

| Category | Count |
|----------|-------|
| Violence and sexual offences | 24 |
| Anti-social behaviour | 8 |
| Criminal damage and arson | 7 |
| Public order | 6 |
| Drugs | 5 |
| Other theft | 5 |
| Shoplifting | 5 |
| Vehicle crime | 4 |
| Other crime | 2 |
| Burglary | 1 |
| Possession of weapons | 1 |
| **Total incidents** | **68** |

*Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).*

## Schools nearby

*Nearest open schools with Ofsted ratings (England). Closed schools are not shown.*

| Name | Type | Distance | Ofsted |
|------|------|----------|--------|
| The King's School | Other | 0.6 miles | — (No rating) |
| Wyvern College | Secondary | 0.7 miles | Good — 29 Apr 2014 |
| Stoke Park Infant School | Primary | 0.7 miles | Good — 9 Jun 2014 |
| Fair Oak Junior School | Primary | 0.7 miles | Good — 21 May 2015 |
| Fair Oak Infant School | Primary | 0.8 miles | Good — 10 Nov 2021 |

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #14603110
- **Address:** 29 Ormond Close, Fair Oak, SO50 8FG
- **Certificate Issued:** 23/05/2021
- **Work Completed:** 19/05/2021
- **Items:** 2 window(s), 1 door(s)