According to the public record, 3 Melrose Court, Winchester is a mid-century freehold house with 990 ft2 of internal area and sits on a 395 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Christchurch Road, Winchester, SO23 is located in the borough of Winchester within the SO23 postal district.
3 Melrose Court, Winchester has 2 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated March 2015.
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 3 Melrose Court Winchester as £763,537 and the rental value as £2,277 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 3 Melrose Court Winchester has increased by £11,336 (1.5%) and its rental value has increased by £103 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 3 Melrose Court, Winchester is in very good condition we estimate a sale value of £801,714 and rental value of £2,391 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £710,089 and a rental value of £2,118 per month.
If you were able to purchase this property for the estimated value of £763,537, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,753 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 data from HM Land Registry, 3 Melrose Court, Winchester sits on a plot of 395m2.
We have plot size data on 22 out of 29 other houses in the postcode and 3 Melrose Court, Winchester sits on the 11th largest plot.
According to HM Land Registry, 3 Melrose Court, Winchester was last sold on 05 Feb 2021 for £591,250 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2021, the market for similar properties has risen 6.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Melrose Court, Winchester within a radius of 650 metres over the last 2 years.
The most recent example is 15, Back Street, Winchester, SO23 9SB, a Freehold house which sold for £815,000 in Sep 2021.
Read more about house prices in SO23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Christchurch Road, Winchester, SO23 has a total of 233 addresses. According to our analysis of all the public data, 3 Melrose Court, Winchester is the 104th largest and the 85th most expensive property on the street.
When compared to the postcode district it is £252k more expensive than the average property in SO23.
3 Melrose Court, Winchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Mar 2015.
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 3 Melrose Court, 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 3 Melrose Court, Winchester, 32.9% of property is socially rented and 26.0% 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 3 Melrose Court, Winchester, 17.3% of residents are recorded as possessing school level qualifications and 59.2% 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 3 Melrose Court, 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 3 Melrose Court, Winchester, 0.7% 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 3 Melrose Court, Winchester, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.