According to the public record, 16, Cavendish Grove, Winchester is a mid-century leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Cavendish Grove, Winchester, SO23 is located in the borough of Winchester within the SO23 postal district.
16, Cavendish Grove, Winchester has 41 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated July 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 16 Cavendish Grove Winchester as £259,586 and the rental value as £1,264 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 16 Cavendish Grove Winchester has increased by £4,978 (1.9%) and its rental value has increased by £66 per month (5.2%).
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 16, Cavendish Grove, Winchester is in very good condition we estimate a sale value of £272,565 and rental value of £1,327 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,415 and a rental value of £1,175 per month.
If you were able to purchase this property for the estimated value of £259,586, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,276 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, 16, Cavendish Grove, Winchester was last sold on 25 Mar 2021 for £250,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2021, the market for similar properties has risen 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Cavendish Grove, Winchester within a radius of 1.1 kilometres over the last 2 years.
The most recent example is Flat 4, Park Court, Park Road, Winchester, SO23 7BE, a Leasehold flat which sold for £262,500 in Jun 2021.
Read more about house prices in SO23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cavendish Grove, Winchester, SO23 has a total of 13 addresses. According to our analysis of all the public data, 16, Cavendish Grove, Winchester is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £252k less expensive than the average property in SO23.
16, Cavendish Grove, Winchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jul 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 16, Cavendish Grove, Winchester is Winchester station which is 1.4 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 16, Cavendish Grove, Winchester, 30.1% of property is privately owned with a mortgage and 27.0% is privately owned outright.
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 16, Cavendish Grove, Winchester, 23.5% of residents are recorded as possessing school level qualifications and 53.7% 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 16, Cavendish Grove, Winchester, the average age was 42.2 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 16, Cavendish Grove, Winchester, 1.2% 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 16, Cavendish Grove, 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.