According to the public record, 44, Downlands Way, Winchester is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 488 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Downlands Way, South Wonston, Winchester, SO21 is located in the borough of Winchester within the SO21 postal district.
44, Downlands Way, Winchester has 3 entries in the Land Registry database, most recently in April 2019 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 44 Downlands Way Winchester as £131,000 and the rental value as £760 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 44 Downlands Way Winchester has increased by £2,726 (2.1%) and its rental value has increased by £39 per month (5.1%).
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 44, Downlands Way, Winchester is in very good condition we estimate a sale value of £137,550 and rental value of £798 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £121,830 and a rental value of £707 per month.
If you were able to purchase this property for the estimated value of £131,000, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £644 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, 44, Downlands Way, Winchester was last sold on 01 Apr 2019 for £118,750 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2019, the market for similar properties has risen 9.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 44, Downlands Way, Winchester within a radius of 3.0 kilometres over the last 2 years.
The most recent example is 6, Cloudbank, Winchester, SO21 3GY, a Leasehold flat which sold for £98,000 in Apr 2021.
Read more about house prices in SO21.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Downlands Way, South Wonston, Winchester, SO21 has a total of 78 addresses. According to our analysis of all the public data, 44, Downlands Way, Winchester is the 78th largest and the 78th most expensive property on the street.
When compared to the postcode district it is £546k less expensive than the average property in SO21.
44, Downlands Way, Winchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Apr 2010.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric air source heat pump and radiators.
The closest station to 44, Downlands Way, Winchester is Winchester station which is 5.8 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 44, Downlands Way, Winchester, 51.3% of property is privately owned outright and 36.0% 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 44, Downlands Way, Winchester, 15.3% of residents are recorded as possessing school level qualifications and 47.3% 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 44, Downlands Way, Winchester, the average age was 42.4 and the most common age was 47.
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 44, Downlands Way, Winchester, 1.7% 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 44, Downlands Way, Winchester, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.