According to the public record, 15, St. Michaels Gardens, Winchester is a mid-century leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
St. Michaels Gardens, Winchester, SO23 is located in the borough of Winchester within the SO23 postal district.
15, St. Michaels Gardens, Winchester has a single entry in the Land Registry database from April 2011 and a single entry in the EPC database dated June 2020.
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 St. Michaels Gardens Winchester as £356,969 and the rental value as £1,383 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 15 St. Michaels Gardens Winchester has increased by £5,313 (1.5%) and its rental value has increased by £67 per month (4.8%).
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, St. Michaels Gardens, Winchester is in very good condition we estimate a sale value of £374,817 and rental value of £1,452 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £331,981 and a rental value of £1,286 per month.
If you were able to purchase this property for the estimated value of £356,969, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,754 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, St. Michaels Gardens, Winchester was last sold on 01 Apr 2011 for £227,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2011, the market for similar properties has risen 41.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, St. Michaels Gardens, Winchester within a radius of 590 metres over the last 2 years.
The most recent example is Flat 21, Lions Hall, St. Swithun Street, Winchester, SO23 9HW, a Leasehold flat which sold for £365,000 in Dec 2022.
Read more about house prices in SO23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Michaels Gardens, Winchester, SO23 has a total of 15 addresses. According to our analysis of all the public data, 15, St. Michaels Gardens, Winchester is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £155k less expensive than the average property in SO23.
15, St. Michaels Gardens, Winchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Jun 2020.
The property is connected to mains gas and has full secondary glazing. It is heated using a boiler and radiators.
The closest station to 15, St. Michaels Gardens, Winchester is Winchester station which is 900 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 15, St. Michaels Gardens, Winchester, 41.7% of property is privately owned outright and 40.9% 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, St. Michaels Gardens, Winchester, 27.8% of residents are recorded as possessing school level qualifications and 62.8% 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, St. Michaels Gardens, 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 15, St. Michaels Gardens, Winchester, 2.5% 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, St. Michaels Gardens, Winchester, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.