According to the public record, 2, Gar Street, Winchester is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,612 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Gar Street, Winchester, SO23 is located in the borough of Winchester within the SO23 postal district.
2, Gar Street, Winchester has 51 entries in the Land Registry database, most recently in February 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Gar Street Winchester as £1,305,203 and the rental value as £3,372 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of 2 Gar Street Winchester has increased by £9,152 (0.7%) and its rental value has increased by £135 per month (4.0%).
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 2, Gar Street, Winchester is in very good condition we estimate a sale value of £1,370,463 and rental value of £3,540 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,213,839 and a rental value of £3,136 per month.
If you were able to purchase this property for the estimated value of £1,305,203, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,415 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, 2, Gar Street, Winchester was last sold on 22 Feb 2018 for £1,135,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Feb 2018, the market for similar properties has risen 11.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Gar Street, Winchester within a radius of 480 metres over the last 2 years.
The most recent example is 7, Gar Street, Winchester, SO23 8GQ, a Freehold house which sold for £1,200,000 in Sep 2018.
Read more about house prices in SO23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gar Street, Winchester, SO23 has a total of 10 addresses. According to our analysis of all the public data, 2, Gar Street, Winchester is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £793k more expensive than the average property in SO23.
The closest station to 2, Gar Street, Winchester is Winchester station which is 600 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 2, Gar Street, Winchester, 53.5% of property is privately rented and 22.7% 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 2, Gar Street, Winchester, 15.9% of residents are recorded as possessing school level qualifications and 62.4% 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 2, Gar Street, 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 2, Gar Street, Winchester, 5.8% 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 2, Gar Street, Winchester, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.