According to the public record, 9, Reedmace Close, Waterlooville is a modern leasehold apartment and with 312 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Reedmace Close, Waterlooville, PO7 is located in the borough of Havant within the PO7 postal district.
9, Reedmace Close, Waterlooville has 3 entries in the Land Registry database, most recently in February 2022 and 2 entries in the EPC database, most recently in 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 reasonable condition, we estimate the current sale value for 9 Reedmace Close Waterlooville as £86,574 and the rental value as £451 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 9 Reedmace Close Waterlooville has increased by £2,574 (3.0%) and its rental value has increased by £30 per month (6.6%).
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 9, Reedmace Close, Waterlooville is in very good condition we estimate a sale value of £90,903 and rental value of £473 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £80,514 and a rental value of £419 per month.
If you were able to purchase this property for the estimated value of £86,574, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £425 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, 9, Reedmace Close, Waterlooville was last sold on 16 Feb 2022 for £80,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2022, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Reedmace Close, Waterlooville within a radius of 268m over the last 2 years.
The most recent example is 24, Holly Drive, Waterlooville, PO7 8HT, a Leasehold flat which sold for £71,750 in Dec 2016.
Read more about house prices in PO7.
Reedmace Close, Waterlooville, PO7 has a total of 29 addresses. According to our analysis of all the public data, 9, Reedmace Close, Waterlooville is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £267k less expensive than the average property in PO7.
9, Reedmace Close, Waterlooville has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Sep 2020.
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 9, Reedmace Close, Waterlooville is Bedhampton station which is 3.0 km 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 9, Reedmace Close, Waterlooville, 37.8% of property is privately rented and 30.3% is privately owned outright.
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 9, Reedmace Close, Waterlooville, 8.8% of residents are recorded as possessing school level qualifications and 22.8% 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 9, Reedmace Close, Waterlooville, the average age was 40.8 and the most common age was 32.
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 9, Reedmace Close, Waterlooville, 0.0% 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 9, Reedmace Close, Waterlooville, 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.