According to the public record, Flat 18, St. Cross Mede, Winchester is a modern leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in St. Cross Mede, Mead Road, Winchester, SO23.
Mead Road, Winchester, SO23 is located in the borough of Winchester within the SO23 postal district.
Flat 18, St. Cross Mede, Winchester has 21 entries in the Land Registry database, most recently in January 2015 and a single entry in the EPC database dated May 2013.
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 18 St. Cross Mede Winchester as £268,716 and the rental value as £1,254 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 18 St. Cross Mede Winchester has increased by £3,987 (1.5%) and its rental value has increased by £57 per month (4.5%).
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 18, St. Cross Mede, Winchester is in very good condition we estimate a sale value of £282,151 and rental value of £1,317 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £249,906 and a rental value of £1,167 per month.
If you were able to purchase this property for the estimated value of £268,716, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,321 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 18, St. Cross Mede, Winchester was last sold on 23 Jan 2015 for £210,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2015, the market for similar properties has risen 17.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 18, St. Cross Mede, Winchester within a radius of 850 metres over the last 2 years.
The most recent example is Flat 4, Fell House, Whiteshute Lane, Winchester, SO23 9RA, a Leasehold flat which sold for £250,000 in Jan 2024.
Read more about house prices in SO23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mead Road, Winchester, SO23 has a total of 32 addresses. According to our analysis of all the public data, Flat 18, St. Cross Mede, Winchester is the 32nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £243k less expensive than the average property in SO23.
Flat 18, St. Cross Mede, Winchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 May 2013.
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 Flat 18, St. Cross Mede, Winchester is Winchester station which is 2.1 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 18, St. Cross Mede, Winchester, 50.0% of property is privately owned outright and 32.8% 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 18, St. Cross Mede, Winchester, 19.1% of residents are recorded as possessing school level qualifications and 72.7% 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 18, St. Cross Mede, 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 18, St. Cross Mede, Winchester, 1.7% 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 18, St. Cross Mede, Winchester, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.