According to the public record, 7 The Old Police House, Alresford is a modern leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in The Old Police House, Station Road, Alresford, SO24.
Station Road, Alresford, SO24 is located in the borough of Winchester within the SO24 postal district.
7 The Old Police House, Alresford has a single entry in the Land Registry database from November 2020 and a single entry in the EPC database dated August 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 The Old Police House Alresford as £375,699 and the rental value as £1,344 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 7 The Old Police House Alresford has increased by £15,560 (4.1%) and its rental value has increased by £90 per month (6.7%).
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 The Old Police House, Alresford is in very good condition we estimate a sale value of £394,484 and rental value of £1,411 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £349,400 and a rental value of £1,250 per month.
If you were able to purchase this property for the estimated value of £375,699, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,846 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 The Old Police House, Alresford was last sold on 10 Nov 2020 for £350,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2020, the market for similar properties has risen 14.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7 The Old Police House, Alresford within a radius of 930 metres over the last 2 years.
The most recent example is 5 The Old Police House, Station Road, Alresford, SO24 9FS, a Leasehold flat which sold for £395,000 in Jan 2023.
Read more about house prices in SO24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Road, Alresford, SO24 has a total of 55 addresses. According to our analysis of all the public data, 7 The Old Police House, Alresford is the 19th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £265k less expensive than the average property in SO24.
7 The Old Police House, Alresford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Aug 2019.
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 The Old Police House, Alresford is Winchester station which is 11.3 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 7 The Old Police House, Alresford, 51.2% of property is privately owned outright and 18.5% 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 The Old Police House, Alresford, 14.1% of residents are recorded as possessing school level qualifications and 41.9% 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 The Old Police House, 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 The Old Police House, Alresford, 0.3% 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 The Old Police House, Alresford, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.