According to the public record, 7 Wayfarer Place, The Dean, Alresford is a modern leasehold apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The Dean, Alresford, SO24 is located in the borough of Winchester within the SO24 postal district.
7 Wayfarer Place, The Dean, Alresford has a single entry in the Land Registry database from August 2020 and a single entry in the EPC database dated March 2019.
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 7 Wayfarer Place The Dean Alresford as £459,743 and the rental value as £1,539 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 7 Wayfarer Place The Dean Alresford has increased by £13,963 (3.0%) and its rental value has increased by £85 per month (5.6%).
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 Wayfarer Place, The Dean, Alresford is in very good condition we estimate a sale value of £482,730 and rental value of £1,616 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £427,561 and a rental value of £1,431 per month.
If you were able to purchase this property for the estimated value of £459,743, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,259 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 Wayfarer Place, The Dean, Alresford was last sold on 05 Aug 2020 for £500,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2020, the market for similar properties has risen 11.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7 Wayfarer Place, The Dean, Alresford within a radius of 940 metres over the last 2 years.
The most recent example is 26 Wayfarer Place, The Dean, Alresford, SO24 9FT, a Leasehold flat which sold for £492,000 in Jun 2021.
Read more about house prices in SO24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Dean, Alresford, SO24 has a total of 114 addresses. According to our analysis of all the public data, 7 Wayfarer Place, The Dean, Alresford is the 26th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £181k less expensive than the average property in SO24.
7 Wayfarer Place, The Dean, Alresford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Mar 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to 7 Wayfarer Place, The Dean, Alresford is Winchester station which is 11.0 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 Wayfarer Place, The Dean, Alresford, 69.6% of property is privately owned outright and 18.6% 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 7 Wayfarer Place, The Dean, Alresford, 11.4% of residents are recorded as possessing school level qualifications and 47.7% 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 Wayfarer Place, The Dean, Alresford, the average age was 48.1 and the most common age was 57.
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 Wayfarer Place, The Dean, Alresford, 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 Wayfarer Place, The Dean, Alresford, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.