According to the public record, Flat 1, 8, Cheriton Road, Winchester is a period leasehold apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 8, Cheriton Road, Winchester, SO22.
Cheriton Road, Winchester, SO22 is located in the borough of Winchester within the SO22 postal district.
Flat 1, 8, Cheriton Road, Winchester has a single entry in the Land Registry database from October 2016 and a single entry in the EPC database dated January 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 Flat 1 8 Cheriton Road Winchester as £286,587 and the rental value as £1,357 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 1 8 Cheriton Road Winchester has increased by £4,083 (1.4%) and its rental value has increased by £55 per month (4.1%).
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 Flat 1, 8, Cheriton Road, Winchester is in very good condition we estimate a sale value of £300,916 and rental value of £1,425 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £266,526 and a rental value of £1,262 per month.
If you were able to purchase this property for the estimated value of £286,587, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,408 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, Flat 1, 8, Cheriton Road, Winchester was last sold on 28 Oct 2016 for £253,750 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2016, the market for similar properties has risen 7.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 8, Cheriton Road, Winchester within a radius of 530 metres over the last 2 years.
The most recent example is Flat 4, Clifton Lodge Block 1, Clifton Road, Winchester, SO22 5BQ, a Leasehold flat which sold for £285,000 in Sep 2022.
Read more about house prices in SO22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cheriton Road, Winchester, SO22 has a total of 78 addresses. According to our analysis of all the public data, Flat 1, 8, Cheriton Road, Winchester is the 69th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £321k less expensive than the average property in SO22.
Flat 1, 8, Cheriton Road, Winchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Jan 2016.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 1, 8, Cheriton Road, Winchester is Winchester station which is 500 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 Flat 1, 8, Cheriton Road, Winchester, 39.8% of property is privately owned outright and 37.0% 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 Flat 1, 8, Cheriton Road, Winchester, 25.6% of residents are recorded as possessing school level qualifications and 70.7% 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 Flat 1, 8, Cheriton Road, Winchester, the average age was 39.6 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 Flat 1, 8, Cheriton Road, Winchester, 0.4% 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 Flat 1, 8, Cheriton Road, Winchester, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.