According to the public record, Flat 2, Lawrence House, Winchester is a period leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in Lawrence House, The Walk, Winchester, SO22.
The Walk, Winchester, SO22 is located in the borough of Winchester within the SO22 postal district.
Flat 2, Lawrence House, Winchester has 41 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated November 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 2 Lawrence House Winchester as £175,563 and the rental value as £915 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 2 Lawrence House Winchester has increased by £3,096 (1.8%) and its rental value has increased by £40 per month (4.4%).
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 2, Lawrence House, Winchester is in very good condition we estimate a sale value of £184,341 and rental value of £961 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £163,274 and a rental value of £851 per month.
If you were able to purchase this property for the estimated value of £175,563, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £863 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 2, Lawrence House, Winchester was last sold on 24 Jun 2021 for £150,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jun 2021, the market for similar properties has risen 4.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Lawrence House, Winchester within a radius of 470 metres over the last 2 years.
The most recent example is 2 Minters Court, Cross Street, Winchester, SO23 8EL, a Leasehold flat which sold for £170,000 in Jul 2022.
Read more about house prices in SO22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Walk, Winchester, SO22 has a total of 8 addresses. According to our analysis of all the public data, Flat 2, Lawrence House, Winchester is the 3rd largest and the 8th most expensive property on the street.
When compared to the postcode district it is £432k less expensive than the average property in SO22.
Flat 2, Lawrence House, Winchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Nov 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to Flat 2, Lawrence House, 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 2, Lawrence House, Winchester, 42.6% of property is privately rented and 27.9% is privately owned outright.
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 2, Lawrence House, Winchester, 24.6% of residents are recorded as possessing school level qualifications and 64.9% 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 2, Lawrence House, 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 2, Lawrence House, Winchester, 0.8% 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 2, Lawrence House, Winchester, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.