According to the public record, Flat 2, Orchard House, Winchester is a modern leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Orchard House, Sparkford Road, Winchester, SO22.
Sparkford Road, Winchester, SO22 is located in the borough of Winchester within the SO22 postal district.
Flat 2, Orchard House, Winchester has 3 entries in the Land Registry database, most recently in September 2018 and a single entry in the EPC database dated July 2018.
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 Orchard House Winchester as £247,338 and the rental value as £1,259 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 2 Orchard House Winchester has increased by £782 (0.3%) and its rental value has increased by £39 per month (3.1%).
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, Orchard House, Winchester is in very good condition we estimate a sale value of £259,705 and rental value of £1,322 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,024 and a rental value of £1,171 per month.
If you were able to purchase this property for the estimated value of £247,338, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,216 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, Orchard House, Winchester was last sold on 21 Sep 2018 for £252,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2018, the market for similar properties has risen 6.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Orchard House, Winchester within a radius of 570 metres over the last 2 years.
The most recent example is Flat 10, Orchard House, Sparkford Road, Winchester, SO22 4NW, a Leasehold flat which sold for £212,000 in Nov 2021.
Read more about house prices in SO22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sparkford Road, Winchester, SO22 has a total of 145 addresses. According to our analysis of all the public data, Flat 2, Orchard House, Winchester is the 50th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £360k less expensive than the average property in SO22.
Flat 2, Orchard House, Winchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Jul 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 2, Orchard House, Winchester is Winchester station which is 900 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, Orchard 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, Orchard 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, Orchard House, Winchester, the average age was 33 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 2, Orchard 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, Orchard 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.