According to the public record, 7 Farlyngton House, Winchester is a modern leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Farlyngton House, Venta Drive, Winchester, SO22.
Venta Drive, Winchester, SO22 is located in the borough of Winchester within the SO22 postal district.
7 Farlyngton House, Winchester has 2 entries in the Land Registry database, most recently in December 2021 and a single entry in the EPC database dated November 2017.
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 7 Farlyngton House Winchester as £322,069 and the rental value as £1,429 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 7 Farlyngton House Winchester has decreased by £735 (0.2%) and its rental value has increased by £38 per month (2.6%).
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 7 Farlyngton House, Winchester is in very good condition we estimate a sale value of £338,172 and rental value of £1,500 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £299,524 and a rental value of £1,329 per month.
If you were able to purchase this property for the estimated value of £322,069, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,583 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, 7 Farlyngton House, Winchester was last sold on 13 Dec 2021 for £347,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2021, the market for similar properties has dropped 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7 Farlyngton House, Winchester within a radius of 990 metres over the last 2 years.
The most recent example is 1 Pottinger House, Roman Drive, Winchester, SO22 6FZ, a Leasehold flat which sold for £345,000 in Jun 2022.
Read more about house prices in SO22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Venta Drive, Winchester, SO22 has a total of 21 addresses. According to our analysis of all the public data, 7 Farlyngton House, Winchester is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £285k less expensive than the average property in SO22.
7 Farlyngton House, Winchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Nov 2017.
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 7 Farlyngton House, Winchester is Winchester station which is 2.1 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 7 Farlyngton House, Winchester, 59.7% of property is privately owned outright and 21.1% 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 7 Farlyngton House, Winchester, 12.7% of residents are recorded as possessing school level qualifications and 49.6% 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 7 Farlyngton House, 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 7 Farlyngton House, Winchester, 2.3% 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 7 Farlyngton House, 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.