According to the public record, 6 Lancelot House, Winchester is a modern leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Lancelot House, Fellowes Rise, Winchester, SO22.
Fellowes Rise, Winchester, SO22 is located in the borough of Winchester within the SO22 postal district.
6 Lancelot House, Winchester has a single entry in the Land Registry database from March 2023 and a single entry in the EPC database dated October 2022.
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 good condition, we estimate the current sale value for 6 Lancelot House Winchester as £362,379 and the rental value as £1,387 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 6 Lancelot House Winchester has decreased by £2,469 (0.7%) and its rental value has increased by £26 per month (1.9%).
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 6 Lancelot House, Winchester is in very good condition we estimate a sale value of £380,498 and rental value of £1,456 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £337,012 and a rental value of £1,290 per month.
If you were able to purchase this property for the estimated value of £362,379, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,781 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, 6 Lancelot House, Winchester was last sold on 14 Mar 2023 for £347,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2023, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6 Lancelot House, Winchester within a radius of 500 metres over the last 2 years.
The most recent example is 33 Lancelot House, Fellowes Rise, Winchester, SO22 5TD, a Leasehold flat which sold for £342,500 in Aug 2023.
Read more about house prices in SO22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fellowes Rise, Winchester, SO22 has a total of 234 addresses. According to our analysis of all the public data, 6 Lancelot House, Winchester is the 226th largest and the 116th most expensive property on the street.
When compared to the postcode district it is £245k less expensive than the average property in SO22.
6 Lancelot House, Winchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Oct 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to 6 Lancelot House, Winchester is Winchester station which is 600 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 6 Lancelot House, Winchester, 42.9% of property is privately rented and 27.1% 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 6 Lancelot House, Winchester, 19.2% of residents are recorded as possessing school level qualifications and 61.6% 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 6 Lancelot House, Winchester, the average age was 39.6 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 6 Lancelot House, Winchester, 0.7% 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 6 Lancelot House, 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.