According to the public record, 8, Fairways 21, Winchester is a modern leasehold apartment with 1,097 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Fairways, Chilbolton Avenue, Winchester, SO22.
Chilbolton Avenue, Winchester, SO22 is located in the borough of Winchester within the SO22 postal district.
8, Fairways 21, Winchester has a single entry in the Land Registry database from April 2021 and a single entry in the EPC database dated September 2020.
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 8 Fairways 21 Winchester as £777,415 and the rental value as £2,364 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 8 Fairways 21 Winchester has decreased by £4,748 (0.6%) and its rental value has increased by £45 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 8, Fairways 21, Winchester is in very good condition we estimate a sale value of £816,286 and rental value of £2,482 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £722,996 and a rental value of £2,198 per month.
If you were able to purchase this property for the estimated value of £777,415, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,821 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, 8, Fairways 21, Winchester was last sold on 14 Apr 2021 for £765,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2021, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Fairways 21, Winchester within a radius of 810 metres over the last 2 years.
The most recent example is 9, Connaught Square, Winchester, SO22 5QQ, a Leasehold flat which sold for £750,000 in Sep 2023.
Read more about house prices in SO22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chilbolton Avenue, Winchester, SO22 has a total of 176 addresses. According to our analysis of all the public data, 8, Fairways 21, Winchester is the 122nd largest and the 108th most expensive property on the street.
When compared to the postcode district it is £170k more expensive than the average property in SO22.
8, Fairways 21, Winchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Sep 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and underfloor heating.
The closest station to 8, Fairways 21, Winchester is Winchester station which is 1.4 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 8, Fairways 21, Winchester, 34.4% of property is privately owned outright and 29.5% 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 8, Fairways 21, Winchester, 20.6% of residents are recorded as possessing school level qualifications and 64.7% 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 8, Fairways 21, 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 8, Fairways 21, Winchester, 1.5% 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 8, Fairways 21, Winchester, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.