According to the public record, 5, Binness Way, Portsmouth is a mid-century freehold house and with 936 ft2 of internal area and sits on a 181 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Binness Way, Portsmouth, PO6 is located within the PO6 postal district.
5, Binness Way, Portsmouth has 21 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated December 2020.
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 5 Binness Way Portsmouth as £264,287 and the rental value as £1,448 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 5 Binness Way Portsmouth has increased by £6,089 (2.3%) and its rental value has increased by £88 per month (6.1%).
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 5, Binness Way, Portsmouth is in very good condition we estimate a sale value of £277,502 and rental value of £1,521 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £245,787 and a rental value of £1,347 per month.
If you were able to purchase this property for the estimated value of £264,287, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,299 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, 5, Binness Way, Portsmouth sits on a plot of 181m2.
We have plot size data on 8 out of 14 other houses in the postcode and 5, Binness Way, Portsmouth sits on the 6th largest plot.
According to HM Land Registry, 5, Binness Way, Portsmouth was last sold on 13 Sep 2021 for £240,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2021, the market for similar properties has risen 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Binness Way, Portsmouth within a radius of 228m over the last 2 years.
The most recent example is 10, Osprey Close, Portsmouth, PO6 1LP, a Freehold house which sold for £241,000 in Jan 2021.
Read more about house prices in PO6.
Binness Way, Portsmouth, PO6 has a total of 37 addresses. According to our analysis of all the public data, 5, Binness Way, Portsmouth is the 21st largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £47k less expensive than the average property in PO6.
5, Binness Way, Portsmouth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Dec 2020.
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 5, Binness Way, Portsmouth is Hilsea station which is 2.6 km 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 5, Binness Way, Portsmouth, 44.4% of property is privately owned outright and 40.5% 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 5, Binness Way, Portsmouth, 20.4% of residents are recorded as possessing school level qualifications and 23.5% 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 5, Binness Way, Portsmouth, the average age was 41.8 and the most common age was 52.
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 5, Binness Way, Portsmouth, 0.8% 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 5, Binness Way, Portsmouth, 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.