According to the public record, 15, Paulet Place, Winchester is a mid-century leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Paulet Place, Winchester, SO22 is located in the borough of Winchester within the SO22 postal district.
15, Paulet Place, Winchester has 31 entries in the Land Registry database, most recently in October 2023 and a single entry in the EPC database dated November 2019.
We combine this information with that 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 15 Paulet Place Winchester as £247,081 and the rental value as £1,150 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 15 Paulet Place Winchester has increased by £5,063 (2.0%) and its rental value has increased by £56 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 15, Paulet Place, Winchester is in very good condition we estimate a sale value of £259,436 and rental value of £1,208 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,786 and a rental value of £1,070 per month.
If you were able to purchase this property for the estimated value of £247,081, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,214 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 HM Land Registry, 15, Paulet Place, Winchester was last sold on 18 Oct 2023 for £240,800 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2023, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 15, Paulet Place, Winchester within a radius of 610 metres over the last 2 years.
The most recent example is 9, Princes Place, Winchester, SO22 4AR, a Leasehold flat which sold for £222,500 in Nov 2022.
Read more about house prices in SO22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Paulet Place, Winchester, SO22 has a total of 23 addresses. According to our analysis of all the public data, 15, Paulet Place, Winchester is the 14th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £360k less expensive than the average property in SO22.
15, Paulet Place, Winchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Nov 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 15, Paulet Place, Winchester is Winchester station which is 1.7 kilometres 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 15, Paulet Place, Winchester, 36.0% of property is socially rented and 29.5% is privately rented.
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 15, Paulet Place, Winchester, 45.6% of residents are recorded as possessing school level qualifications and 25.4% 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 15, Paulet Place, Winchester, the average age was 33 and the most common age was 22.
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 15, Paulet Place, Winchester, 0.5% 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 15, Paulet Place, Winchester, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.