According to the public record, 18, George Wright Close, Eastleigh is a modern leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
George Wright Close, Eastleigh, SO50 is located in the borough of Eastleigh within the SO50 postal district.
18, George Wright Close, Eastleigh has 31 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated February 2017.
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 18 George Wright Close Eastleigh as £196,077 and the rental value as £1,100 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 18 George Wright Close Eastleigh has increased by £5,008 (2.6%) and its rental value has increased by £62 per month (5.6%).
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 18, George Wright Close, Eastleigh is in very good condition we estimate a sale value of £205,881 and rental value of £1,155 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,352 and a rental value of £1,023 per month.
If you were able to purchase this property for the estimated value of £196,077, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £964 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, 18, George Wright Close, Eastleigh was last sold on 21 Feb 2022 for £185,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2022, 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 18, George Wright Close, Eastleigh within a radius of 410 metres over the last 2 years.
The most recent example is 60, Hoddinott Road, Eastleigh, SO50 5SN, a Leasehold flat which sold for £192,000 in Nov 2023.
Read more about house prices in SO50.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
George Wright Close, Eastleigh, SO50 has a total of 27 addresses. According to our analysis of all the public data, 18, George Wright Close, Eastleigh is the 23rd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £139k less expensive than the average property in SO50.
18, George Wright Close, Eastleigh has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Feb 2017.
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 18, George Wright Close, Eastleigh is Eastleigh 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 18, George Wright Close, Eastleigh, 42.6% of property is privately rented and 25.9% 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 18, George Wright Close, Eastleigh, 22.9% of residents are recorded as possessing school level qualifications and 35.7% 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 18, George Wright Close, Eastleigh, the average age was 37.8 and the most common age was 32.
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 18, George Wright Close, Eastleigh, 0.0% 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 18, George Wright Close, Eastleigh, 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.