According to the public record, 11C, Parchment Street, Winchester is a modern leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 11, Parchment Street, Winchester, SO23.
Parchment Street, Winchester, SO23 is located in the borough of Winchester within the SO23 postal district.
11C, Parchment Street, Winchester has a single entry in the Land Registry database from January 2017 and a single entry in the EPC database dated June 2016.
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 11C Parchment Street Winchester as £262,981 and the rental value as £1,226 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 11C Parchment Street Winchester has increased by £4,151 (1.6%) and its rental value has increased by £61 per month (4.9%).
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 11C, Parchment Street, Winchester is in very good condition we estimate a sale value of £276,130 and rental value of £1,287 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,572 and a rental value of £1,140 per month.
If you were able to purchase this property for the estimated value of £262,981, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,292 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, 11C, Parchment Street, Winchester was last sold on 06 Jan 2017 for £242,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2017, the market for similar properties has risen 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11C, Parchment Street, Winchester within a radius of 410 metres over the last 2 years.
The most recent example is 11D, Parchment Street, Winchester, SO23 8AT, a Leasehold flat which sold for £242,750 in Nov 2022.
Read more about house prices in SO23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parchment Street, Winchester, SO23 has a total of 129 addresses. According to our analysis of all the public data, 11C, Parchment Street, Winchester is the 100th largest and the 105th most expensive property on the street.
When compared to the postcode district it is £249k less expensive than the average property in SO23.
11C, Parchment Street, Winchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jun 2016.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 11C, Parchment Street, Winchester is Winchester station which is 600 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 11C, Parchment Street, Winchester, 64.1% of property is privately rented and 13.6% 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 11C, Parchment Street, Winchester, 15.6% of residents are recorded as possessing school level qualifications and 54.3% 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 11C, Parchment Street, 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 11C, Parchment Street, Winchester, 1.3% 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 11C, Parchment Street, 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.