According to the public record, 50, Wavell Way, Winchester is a mid-century freehold house with 1,087 ft2 of internal area and sits on a 296 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wavell Way, Winchester, SO22 is located in the borough of Winchester within the SO22 postal district.
50, Wavell Way, Winchester has 21 entries in the Land Registry database, most recently in July 2007 and a single entry in the EPC database dated January 2021.
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 Wavell Way Winchester as £394,198 and the rental value as £1,687 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 50 Wavell Way Winchester has increased by £8,159 (2.1%) and its rental value has increased by £82 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, Wavell Way, Winchester is in very good condition we estimate a sale value of £413,908 and rental value of £1,771 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £366,604 and a rental value of £1,569 per month.
If you were able to purchase this property for the estimated value of £394,198, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,937 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, 50, Wavell Way, Winchester sits on a plot of 296m2.
We have plot size data on 24 out of 48 other houses in the postcode and 50, Wavell Way, Winchester sits on the 15th largest plot.
According to HM Land Registry, 50, Wavell Way, Winchester was last sold on 16 Jul 2007 for £300,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2007, the market for similar properties has risen 78.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Wavell Way, Winchester within a radius of 530 metres over the last 2 years.
The most recent example is 16, Fox Lane, Winchester, SO22 4DY, a Freehold house which sold for £330,000 in Oct 2020.
Read more about house prices in SO22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wavell Way, Winchester, SO22 has a total of 100 addresses. According to our analysis of all the public data, 50, Wavell Way, Winchester is the 43rd largest and the 61st most expensive property on the street.
When compared to the postcode district it is £213k less expensive than the average property in SO22.
50, Wavell Way, Winchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jan 2021.
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, Wavell Way, Winchester is Winchester station which is 2.3 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 50, Wavell Way, Winchester, 47.4% of property is socially rented and 25.0% 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, Wavell Way, Winchester, 48.1% of residents are recorded as possessing school level qualifications and 21.1% 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, Wavell Way, Winchester, the average age was 33 and the most common age was 22.
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, Wavell Way, Winchester, 0.0% 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, Wavell Way, Winchester, 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.