According to the public record, 16, Milesdown Place, Winchester is a modern leasehold apartment with 1,227 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Milesdown Place, Winchester, SO23 is located in the borough of Winchester within the SO23 postal district.
16, Milesdown Place, Winchester has 2 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated April 2021.
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 Milesdown Place Winchester as £564,607 and the rental value as £1,780 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 16 Milesdown Place Winchester has increased by £8,484 (1.5%) and its rental value has increased by £86 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 16, Milesdown Place, Winchester is in very good condition we estimate a sale value of £592,837 and rental value of £1,869 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £525,084 and a rental value of £1,655 per month.
If you were able to purchase this property for the estimated value of £564,607, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,775 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, Milesdown Place, Winchester was last sold on 24 Jun 2021 for £565,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2021, the market for similar properties has risen 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Milesdown Place, Winchester within a radius of 500 metres over the last 2 years.
The most recent example is Apartment 4, Hillcroft, Northbrook Avenue, Winchester, SO23 0LE, a Leasehold flat which sold for £525,000 in Jul 2022.
Read more about house prices in SO23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milesdown Place, Winchester, SO23 has a total of 23 addresses. According to our analysis of all the public data, 16, Milesdown Place, Winchester is the 8th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £53k more expensive than the average property in SO23.
16, Milesdown Place, Winchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Apr 2021.
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, Milesdown Place, 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, Milesdown Place, Winchester, 47.6% of property is privately owned outright and 23.5% 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 16, Milesdown Place, Winchester, 12.7% of residents are recorded as possessing school level qualifications and 55.2% 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, Milesdown Place, Winchester, the average age was 39.5 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 16, Milesdown Place, Winchester, 1.7% 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, Milesdown 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.