According to the public record, 8 Homerise House, Winchester is a mid-century leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Homerise House, Hyde Street, Winchester, SO23.
Hyde Street, Winchester, SO23 is located in the borough of Winchester within the SO23 postal district.
8 Homerise House, Winchester has 21 entries in the Land Registry database, most recently in December 2015 and a single entry in the EPC database dated June 2023.
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 8 Homerise House Winchester as £110,521 and the rental value as £633 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 8 Homerise House Winchester has increased by £2,271 (2.1%) and its rental value has increased by £34 per month (5.4%).
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 Homerise House, Winchester is in very good condition we estimate a sale value of £116,047 and rental value of £665 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £102,785 and a rental value of £589 per month.
If you were able to purchase this property for the estimated value of £110,521, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £543 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 Homerise House, Winchester was last sold on 18 Dec 2015 for £84,950 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2015, the market for similar properties has risen 11.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8 Homerise House, Winchester within a radius of 410 metres over the last 2 years.
The most recent example is 51 Homerise House, Hyde Street, Winchester, SO23 7HA, a Leasehold flat which sold for £95,000 in Apr 2023.
Read more about house prices in SO23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hyde Street, Winchester, SO23 has a total of 136 addresses. According to our analysis of all the public data, 8 Homerise House, Winchester is the 93rd largest and the 99th most expensive property on the street.
When compared to the postcode district it is £401k less expensive than the average property in SO23.
8 Homerise House, Winchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Jun 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 8 Homerise House, Winchester is Winchester station which is 300 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 8 Homerise House, Winchester, 36.7% of property is privately owned outright and 28.6% 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 8 Homerise House, Winchester, 8.3% of residents are recorded as possessing school level qualifications and 53.3% 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 Homerise House, Winchester, the average age was 39.7 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 Homerise House, Winchester, 1.9% 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 Homerise 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.