According to the public record, Flat 3, 25, Worthy Lane, Winchester is a period leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 25, Worthy Lane, Winchester, SO23.
Worthy Lane, Winchester, SO23 is located in the borough of Winchester within the SO23 postal district.
Flat 3, 25, Worthy Lane, Winchester has 2 entries in the Land Registry database, most recently in August 2013 and a single entry in the EPC database dated April 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 3 25 Worthy Lane Winchester as £241,250 and the rental value as £1,233 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 3 25 Worthy Lane Winchester has increased by £3,599 (1.5%) and its rental value has increased by £59 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 3, 25, Worthy Lane, Winchester is in very good condition we estimate a sale value of £253,312 and rental value of £1,295 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,362 and a rental value of £1,147 per month.
If you were able to purchase this property for the estimated value of £241,250, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,186 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 3, 25, Worthy Lane, Winchester was last sold on 23 Aug 2013 for £167,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2013, the market for similar properties has risen 32.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 25, Worthy Lane, Winchester within a radius of 440 metres over the last 2 years.
The most recent example is 8A, North Walls, Winchester, SO23 8DB, a Leasehold flat which sold for £325,000 in Jul 2023.
Read more about house prices in SO23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Worthy Lane, Winchester, SO23 has a total of 58 addresses. According to our analysis of all the public data, Flat 3, 25, Worthy Lane, Winchester is the 21st largest and the 55th most expensive property on the street.
When compared to the postcode district it is £271k less expensive than the average property in SO23.
Flat 3, 25, Worthy Lane, Winchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Apr 2019.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Flat 3, 25, Worthy Lane, Winchester is Winchester station which is 400 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 3, 25, Worthy Lane, Winchester, 33.3% of property is privately owned outright and 24.3% 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 3, 25, Worthy Lane, Winchester, 15.1% of residents are recorded as possessing school level qualifications and 58.5% 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 3, 25, Worthy Lane, 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 3, 25, Worthy Lane, Winchester, 2.7% 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 3, 25, Worthy Lane, Winchester, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.