According to the public record, Flat 1, Park House, Winchester is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 420 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Park House, Park Avenue, Winchester, SO23.
Park Avenue, Winchester, SO23 is located in the borough of Winchester within the SO23 postal district.
Flat 1, Park House, Winchester has 31 entries in the Land Registry database, most recently in August 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 Park House Winchester as £206,195 and the rental value as £1,055 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 1 Park House Winchester has increased by £4,237 (2.1%) and its rental value has increased by £57 per month (5.4%).
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, Park House, Winchester is in very good condition we estimate a sale value of £216,505 and rental value of £1,107 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £191,762 and a rental value of £981 per month.
If you were able to purchase this property for the estimated value of £206,195, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,013 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, Park House, Winchester was last sold on 31 Aug 2007 for £118,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2007, the market for similar properties has risen 37.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Park House, Winchester within a radius of 460 metres over the last 2 years.
The most recent example is 3B, North Walls, Winchester, SO23 8DB, a Leasehold flat which sold for £215,000 in Jul 2022.
Read more about house prices in SO23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Avenue, Winchester, SO23 has a total of 11 addresses. According to our analysis of all the public data, Flat 1, Park House, Winchester is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £306k less expensive than the average property in SO23.
The closest station to Flat 1, Park House, Winchester is Winchester station which is 700 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, Park House, Winchester, 41.3% of property is socially rented and 34.7% is privately rented.
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, Park House, Winchester, 17.3% of residents are recorded as possessing school level qualifications and 49.5% 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, Park House, Winchester, the average age was 39.5 and the most common age was 22.
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, Park House, Winchester, 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 Flat 1, Park House, Winchester, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.