According to the public record, 5A, Meryon Road, Alresford is a mid-century leasehold apartment with 807 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 5, Meryon Road, Alresford, SO24.
Meryon Road, Alresford, SO24 is located in the borough of Winchester within the SO24 postal district.
5A, Meryon Road, Alresford has 21 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated May 2021.
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 5A Meryon Road Alresford as £228,167 and the rental value as £1,150 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 5A Meryon Road Alresford has increased by £6,930 (3.0%) and its rental value has increased by £64 per month (5.6%).
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 5A, Meryon Road, Alresford is in very good condition we estimate a sale value of £239,576 and rental value of £1,208 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £212,196 and a rental value of £1,070 per month.
If you were able to purchase this property for the estimated value of £228,167, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,121 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, 5A, Meryon Road, Alresford was last sold on 07 Sep 2021 for £210,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2021, the market for similar properties has risen 5.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5A, Meryon Road, Alresford within a radius of 790 metres over the last 2 years.
The most recent example is 19A, Windsor Road, Alresford, SO24 9HU, a Leasehold flat which sold for £220,000 in Oct 2022.
Read more about house prices in SO24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meryon Road, Alresford, SO24 has a total of 49 addresses. According to our analysis of all the public data, 5A, Meryon Road, Alresford is the 3rd largest and the 26th most expensive property on the street.
When compared to the postcode district it is £413k less expensive than the average property in SO24.
5A, Meryon Road, Alresford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 May 2021.
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 5A, Meryon Road, Alresford is Winchester station which is 10.5 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 5A, Meryon Road, Alresford, 78.5% of property is socially rented and 6.7% 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 5A, Meryon Road, Alresford, 8.1% of residents are recorded as possessing school level qualifications and 19.7% 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 5A, Meryon Road, Alresford, the average age was 48.1 and the most common age was 57.
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 5A, Meryon Road, Alresford, 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 5A, Meryon Road, Alresford, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.