According to the public record, 50, Marston Gate, Winchester is a modern leasehold apartment with 871 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Marston Gate, Winchester, SO23 is located in the borough of Winchester within the SO23 postal district.
50, Marston Gate, Winchester has 41 entries in the Land Registry database, most recently in March 2016 and a single entry in the EPC database dated December 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 50 Marston Gate Winchester as £424,535 and the rental value as £1,413 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 50 Marston Gate Winchester has increased by £6,700 (1.6%) and its rental value has increased by £70 per month (4.9%).
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 50, Marston Gate, Winchester is in very good condition we estimate a sale value of £445,761 and rental value of £1,484 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £394,817 and a rental value of £1,315 per month.
If you were able to purchase this property for the estimated value of £424,535, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,086 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, 50, Marston Gate, Winchester was last sold on 03 Mar 2016 for £380,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2016, the market for similar properties has risen 5.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Marston Gate, Winchester within a radius of 390 metres over the last 2 years.
The most recent example is 48, Silchester Place, Winchester, SO23 7FT, a Leasehold flat which sold for £470,000 in Feb 2024.
Read more about house prices in SO23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marston Gate, Winchester, SO23 has a total of 55 addresses. According to our analysis of all the public data, 50, Marston Gate, Winchester is the 27th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in SO23.
50, Marston Gate, Winchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Dec 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 50, Marston Gate, Winchester is Winchester station which is 400 metres 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 50, Marston Gate, Winchester, 36.7% of property is privately owned outright and 28.6% is privately rented.
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 50, Marston Gate, Winchester, 8.3% of residents are recorded as possessing school level qualifications and 53.3% 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 50, Marston Gate, 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 50, Marston Gate, Winchester, 1.9% 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 50, Marston Gate, Winchester, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.