According to the public record, 2 Kingsgate Mews, Winchester is a modern leasehold apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Kingsgate Mews, Kingsgate Road, Winchester, SO23.
Kingsgate Road, Winchester, SO23 is located in the borough of Winchester within the SO23 postal district.
2 Kingsgate Mews, Winchester has 4 entries in the Land Registry database, most recently in April 2019 and a single entry in the EPC database dated September 2018.
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 2 Kingsgate Mews Winchester as £485,291 and the rental value as £1,633 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 2 Kingsgate Mews Winchester has increased by £7,201 (1.5%) and its rental value has increased by £74 per month (4.5%).
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 Kingsgate Mews, Winchester is in very good condition we estimate a sale value of £509,556 and rental value of £1,715 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £451,321 and a rental value of £1,519 per month.
If you were able to purchase this property for the estimated value of £485,291, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,385 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 Kingsgate Mews, Winchester was last sold on 26 Apr 2019 for £425,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Apr 2019, the market for similar properties has risen 5.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Kingsgate Mews, Winchester within a radius of 750 metres over the last 2 years.
The most recent example is 3 Kingsgate Mews, Kingsgate Road, Winchester, SO23 9QH, a Leasehold flat which sold for £475,000 in Oct 2022.
Read more about house prices in SO23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kingsgate Road, Winchester, SO23 has a total of 64 addresses. According to our analysis of all the public data, 2 Kingsgate Mews, Winchester is the 48th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £27k less expensive than the average property in SO23.
2 Kingsgate Mews, Winchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Sep 2018.
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 2 Kingsgate Mews, Winchester is Winchester station which is 1.5 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 2 Kingsgate Mews, Winchester, 49.6% of property is privately owned outright and 31.0% 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 2 Kingsgate Mews, Winchester, 24.9% of residents are recorded as possessing school level qualifications and 65.8% 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 2 Kingsgate Mews, 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 Kingsgate Mews, 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 2 Kingsgate Mews, Winchester, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.