According to the public record, 2, Princes Place, Winchester is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,166 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Princes Place, Winchester, SO22 is located in the borough of Winchester within the SO22 postal district.
2, Princes Place, Winchester has a single entry in the Land Registry database from February 2009 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 Princes Place Winchester as £383,112 and the rental value as £1,617 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 2 Princes Place Winchester has increased by £7,961 (2.1%) and its rental value has increased by £80 per month (4.9%).
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, Princes Place, Winchester is in very good condition we estimate a sale value of £402,267 and rental value of £1,698 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £356,294 and a rental value of £1,504 per month.
If you were able to purchase this property for the estimated value of £383,112, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,883 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, Princes Place, Winchester was last sold on 02 Feb 2009 for £200,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2009, the market for similar properties has risen 96.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Princes Place, Winchester within a radius of 600 metres over the last 2 years.
The most recent example is 9, Cromwell Road, Winchester, SO22 4AB, a Freehold house which sold for £370,000 in Oct 2021.
Read more about house prices in SO22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Princes Place, Winchester, SO22 has a total of 25 addresses. According to our analysis of all the public data, 2, Princes Place, Winchester is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £224k less expensive than the average property in SO22.
The closest station to 2, Princes Place, Winchester is Winchester station which is 1.7 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, Princes Place, Winchester, 60.7% of property is socially rented and 13.1% 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, Princes Place, Winchester, 22.7% of residents are recorded as possessing school level qualifications and 23.8% 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, Princes Place, Winchester, the average age was 33 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 2, Princes Place, Winchester, 0.4% 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, Princes Place, Winchester, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.