According to the public record, 5, Merrington Way, Tidworth is a modern freehold house with 699 ft2 of internal area and sits on a 89.6 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Merrington Way, Tidworth, SP9 is located within the SP9 postal district.
5, Merrington Way, Tidworth has a single entry in the Land Registry database from February 2016 and a single entry in the EPC database dated February 2016.
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 Merrington Way Tidworth as £243,052 and the rental value as £1,123 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 5 Merrington Way Tidworth has increased by £4,623 (1.9%) and its rental value has increased by £60 per month (5.4%).
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, Merrington Way, Tidworth is in very good condition we estimate a sale value of £255,204 and rental value of £1,179 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,038 and a rental value of £1,044 per month.
If you were able to purchase this property for the estimated value of £243,052, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,195 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, Merrington Way, Tidworth sits on a plot of 90m2.
We have plot size data on 40 out of 40 other houses in the postcode and 5, Merrington Way, Tidworth sits on the 40th largest plot.
According to HM Land Registry, 5, Merrington Way, Tidworth was last sold on 26 Feb 2016 for £180,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2016, the market for similar properties has risen 29.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Merrington Way, Tidworth within a radius of 700 metres over the last 2 years.
The most recent example is 24, Thompson Road, Tidworth, SP9 7GT, a Freehold house which sold for £255,000 in Sep 2022.
Read more about house prices in SP9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merrington Way, Tidworth, SP9 has a total of 50 addresses. According to our analysis of all the public data, 5, Merrington Way, Tidworth is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £85k less expensive than the average property in SP9.
5, Merrington Way, Tidworth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Feb 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 5, Merrington Way, Tidworth is Grateley station which is 8.6 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, Merrington Way, Tidworth, 69.2% of property is privately rented and 15.4% 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, Merrington Way, Tidworth, 16.7% of residents are recorded as possessing school level qualifications and 28.6% 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, Merrington Way, Tidworth, the average age was 46.2 and the most common age was 57.
The graph below shows how this compares to South West 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, Merrington Way, Tidworth, 0.0% of property was a second home.
Comparison figures for South West 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, Merrington Way, Tidworth, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.