According to the public record, Flat 1, Wharf Mill, Winchester is a mid-century leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Wharf Mill, Wharf Hill, Winchester, SO23.
Wharf Hill, Winchester, SO23 is located in the borough of Winchester within the SO23 postal district.
Flat 1, Wharf Mill, Winchester has a single entry in the Land Registry database from January 2022 and a single entry in the EPC database dated July 2019.
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 Wharf Mill Winchester as £311,431 and the rental value as £1,262 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 1 Wharf Mill Winchester has increased by £4,636 (1.5%) and its rental value has increased by £61 per month (4.8%).
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, Wharf Mill, Winchester is in very good condition we estimate a sale value of £327,002 and rental value of £1,325 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £289,631 and a rental value of £1,174 per month.
If you were able to purchase this property for the estimated value of £311,431, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,531 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, Wharf Mill, Winchester was last sold on 14 Jan 2022 for £325,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2022, the market for similar properties has dropped 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Wharf Mill, Winchester within a radius of 650 metres over the last 2 years.
The most recent example is 2, Vale Road, Winchester, SO23 0PY, a Leasehold flat which sold for £240,000 in Dec 2023.
Read more about house prices in SO23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wharf Hill, Winchester, SO23 has a total of 66 addresses. According to our analysis of all the public data, Flat 1, Wharf Mill, Winchester is the 52nd largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £201k less expensive than the average property in SO23.
Flat 1, Wharf Mill, Winchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Jul 2019.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 1, Wharf Mill, Winchester is Winchester station which is 1.3 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 Flat 1, Wharf Mill, Winchester, 48.1% of property is privately rented and 31.2% is socially 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, Wharf Mill, Winchester, 70.0% of residents are recorded as possessing school level qualifications and 33.2% 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, Wharf Mill, 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 Flat 1, Wharf Mill, Winchester, 2.3% 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 Flat 1, Wharf Mill, Winchester, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.