According to the public record, 8 Merlin Court, Alton is a mid-century leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Merlin Court, Merlin Road, Four Marks, Alton, GU34.
Merlin Road, Four Marks, Alton, GU34 is located in the borough of East Hampshire within the GU34 postal district.
8 Merlin Court, Alton has 2 entries in the Land Registry database, most recently in July 2021 and a single entry in the EPC database dated January 2014.
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 Merlin Court Alton as £242,055 and the rental value as £1,113 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 8 Merlin Court Alton has increased by £9,063 (3.7%) and its rental value has increased by £75 per month (6.8%).
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 Merlin Court, Alton is in very good condition we estimate a sale value of £254,158 and rental value of £1,169 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,112 and a rental value of £1,036 per month.
If you were able to purchase this property for the estimated value of £242,055, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,190 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 Merlin Court, Alton was last sold on 18 Jul 2021 for £220,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2021, the market for similar properties has risen 6.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8 Merlin Court, Alton within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 10 Merlin Court, Merlin Road, Alton, GU34 5DD, a Leasehold flat which sold for £242,500 in Jul 2022.
Read more about house prices in GU34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merlin Road, Four Marks, Alton, GU34 has a total of 20 addresses. According to our analysis of all the public data, 8 Merlin Court, Alton is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £260k less expensive than the average property in GU34.
8 Merlin Court, Alton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jan 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 8 Merlin Court, Alton is Alton station which is 7.3 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 8 Merlin Court, Alton, 49.1% of property is privately owned outright and 45.7% 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 Merlin Court, Alton, 15.6% of residents are recorded as possessing school level qualifications and 37.7% 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 Merlin Court, Alton, the average age was 45.7 and the most common age was 52.
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 Merlin Court, Alton, 1.4% 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 Merlin Court, Alton, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.