According to the public record, 1 Wesley House, Winchester is a period apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in Wesley House, Parchment Street, Winchester, SO23.
Parchment Street, Winchester, SO23 is located in the borough of Winchester within the SO23 postal district.
1 Wesley House, Winchester has no records in the Land Registry database and a single entry in the EPC database dated March 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Wesley House Winchester as £155,442 and the rental value as £902 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 1 Wesley House Winchester has increased by £2,330 (1.5%) and its rental value has increased by £44 per month (4.9%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1 Wesley House, Winchester is in very good condition we estimate a sale value of £163,214 and rental value of £947 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £144,561 and a rental value of £839 per month.
If you were able to purchase this property for the estimated value of £155,442, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £764 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Wesley House, Winchester within a radius of 400 metres over the last 2 years.
The most recent example is Flat 5, Tower Court 67, Tower Street, Winchester, SO23 8TA, a Leasehold flat which sold for £160,000 in Jun 2024.
Read more about house prices in SO23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parchment Street, Winchester, SO23 has a total of 129 addresses. According to our analysis of all the public data, 1 Wesley House, Winchester is the 119th largest and the 125th most expensive property on the street.
When compared to the postcode district it is £357k less expensive than the average property in SO23.
1 Wesley House, Winchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Mar 2024.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to 1 Wesley House, Winchester is Winchester station which is 600 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1 Wesley House, Winchester, 64.1% of property is privately rented and 13.6% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1 Wesley House, Winchester, 15.6% of residents are recorded as possessing school level qualifications and 54.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1 Wesley House, Winchester, the average age was 39.7 and the most common age was 17.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1 Wesley House, Winchester, 1.3% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1 Wesley House, Winchester, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.