According to the public record, Flat 2, Norfolk House 1, Winchester is a period leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in Norfolk House, Romsey Road, Winchester, SO22.
Romsey Road, Winchester, SO22 is located in the borough of Winchester within the SO22 postal district.
Flat 2, Norfolk House 1, Winchester has 31 entries in the Land Registry database, most recently in August 2014 and a single entry in the EPC database dated February 2024.
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 Norfolk House 1 Winchester as £263,483 and the rental value as £1,292 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 2 Norfolk House 1 Winchester has increased by £4,647 (1.8%) and its rental value has increased by £57 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, Norfolk House 1, Winchester is in very good condition we estimate a sale value of £276,657 and rental value of £1,356 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £245,039 and a rental value of £1,201 per month.
If you were able to purchase this property for the estimated value of £263,483, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,295 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, Norfolk House 1, Winchester was last sold on 20 Aug 2014 for £215,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2014, the market for similar properties has risen 30.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Norfolk House 1, Winchester within a radius of 450 metres over the last 2 years.
The most recent example is Flat 10, 17, Southgate Street, Winchester, SO23 9AA, a Leasehold flat which sold for £285,000 in Feb 2024.
Read more about house prices in SO22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Romsey Road, Winchester, SO22 has a total of 317 addresses. According to our analysis of all the public data, Flat 2, Norfolk House 1, Winchester is the 265th largest and the 265th most expensive property on the street.
When compared to the postcode district it is £344k less expensive than the average property in SO22.
Flat 2, Norfolk House 1, Winchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Feb 2024.
The property is connected to mains gas and has full secondary glazing. It is heated using a boiler and radiators.
The closest station to Flat 2, Norfolk House 1, 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, Norfolk House 1, 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, Norfolk House 1, 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, Norfolk House 1, 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, Norfolk House 1, 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, Norfolk House 1, 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.