According to the public record, 8, Portchester Rise, Eastleigh is a mid-century freehold house with 1,205 ft2 of internal area and sits on a 407 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Portchester Rise, Eastleigh, SO50 is located in the borough of Eastleigh within the SO50 postal district.
8, Portchester Rise, Eastleigh has 21 entries in the Land Registry database, most recently in November 2022 and a single entry in the EPC database dated February 2022.
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 Portchester Rise Eastleigh as £494,731 and the rental value as £2,019 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 8 Portchester Rise Eastleigh has increased by £6,109 (1.2%) and its rental value has increased by £76 per month (3.8%).
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, Portchester Rise, Eastleigh is in very good condition we estimate a sale value of £519,467 and rental value of £2,120 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £460,099 and a rental value of £1,877 per month.
If you were able to purchase this property for the estimated value of £494,731, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,431 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 data from HM Land Registry, 8, Portchester Rise, Eastleigh sits on a plot of 407m2.
We have plot size data on 20 out of 28 other houses in the postcode and 8, Portchester Rise, Eastleigh sits on the 9th largest plot.
According to HM Land Registry, 8, Portchester Rise, Eastleigh was last sold on 11 Nov 2022 for £475,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2022, the market for similar properties has dropped 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Portchester Rise, Eastleigh within a radius of 790 metres over the last 2 years.
The most recent example is 28, Portchester Rise, Eastleigh, SO50 4QS, a Freehold house which sold for £485,000 in May 2019.
Read more about house prices in SO50.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Portchester Rise, Eastleigh, SO50 has a total of 28 addresses. According to our analysis of all the public data, 8, Portchester Rise, Eastleigh is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £160k more expensive than the average property in SO50.
8, Portchester Rise, Eastleigh has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Feb 2022.
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, Portchester Rise, Eastleigh is Chandlers Ford station which is 2.0 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 8, Portchester Rise, Eastleigh, 46.1% of property is privately owned outright and 39.5% 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, Portchester Rise, Eastleigh, 15.1% of residents are recorded as possessing school level qualifications and 38.7% 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, Portchester Rise, Eastleigh, the average age was 43.6 and the most common age was 37.
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, Portchester Rise, Eastleigh, 0.8% 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, Portchester Rise, Eastleigh, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.