According to the public record, 5, Charles Close, Winchester is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 631 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Charles Close, Winchester, SO23 is located in the borough of Winchester within the SO23 postal district.
5, Charles Close, Winchester has a single entry in the Land Registry database from August 2011 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 5 Charles Close Winchester as £223,608 and the rental value as £1,196 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 5 Charles Close Winchester has increased by £4,288 (1.9%) and its rental value has increased by £62 per month (5.2%).
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, Charles Close, Winchester is in very good condition we estimate a sale value of £234,788 and rental value of £1,256 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,955 and a rental value of £1,112 per month.
If you were able to purchase this property for the estimated value of £223,608, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,099 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, 5, Charles Close, Winchester was last sold on 15 Aug 2011 for £140,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2011, the market for similar properties has risen 44.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Charles Close, Winchester within a radius of 930 metres over the last 2 years.
The most recent example is Flat 11, Stratford Court, Northlands Drive, Winchester, SO23 7AP, a Leasehold flat which sold for £275,000 in Jan 2023.
Read more about house prices in SO23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Charles Close, Winchester, SO23 has a total of 37 addresses. According to our analysis of all the public data, 5, Charles Close, Winchester is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £288k less expensive than the average property in SO23.
The closest station to 5, Charles Close, Winchester is Winchester station which is 1.2 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 5, Charles Close, Winchester, 30.1% of property is privately owned with a mortgage and 27.0% 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 5, Charles Close, Winchester, 23.5% of residents are recorded as possessing school level qualifications and 53.7% 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, Charles Close, Winchester, the average age was 42.2 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 5, Charles Close, Winchester, 1.2% 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, Charles Close, Winchester, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.