According to the public record, Flat 5, 293, Winchester Road, Southampton is a period leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 293, Winchester Road, Southampton, SO16.
Winchester Road, Southampton, SO16 is located within the SO16 postal district.
Flat 5, 293, Winchester Road, Southampton has 21 entries in the Land Registry database, most recently in June 2007 and a single entry in the EPC database dated February 2020.
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 5 293 Winchester Road Southampton as £160,569 and the rental value as £890 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 5 293 Winchester Road Southampton has increased by £4,058 (2.5%) and its rental value has increased by £44 per month (4.9%).
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 5, 293, Winchester Road, Southampton is in very good condition we estimate a sale value of £168,598 and rental value of £934 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £149,329 and a rental value of £827 per month.
If you were able to purchase this property for the estimated value of £160,569, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £789 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 5, 293, Winchester Road, Southampton was last sold on 20 Jun 2007 for £140,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2007, the market for similar properties has risen 29.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 293, Winchester Road, Southampton within a radius of 540 metres over the last 2 years.
The most recent example is Flat 5, The Orchard 303, Winchester Road, Southampton, SO16 6TS, a Leasehold flat which sold for £162,500 in Jun 2022.
Read more about house prices in SO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Winchester Road, Southampton, SO16 has a total of 648 addresses. According to our analysis of all the public data, Flat 5, 293, Winchester Road, Southampton is the 511th largest and the 476th most expensive property on the street.
When compared to the postcode district it is £123k less expensive than the average property in SO16.
Flat 5, 293, Winchester Road, Southampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Feb 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 5, 293, Winchester Road, Southampton is Millbrook (Hants) station which is 2.4 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 5, 293, Winchester Road, Southampton, 38.4% of property is privately owned outright and 26.8% 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 5, 293, Winchester Road, Southampton, 20.9% of residents are recorded as possessing school level qualifications and 48.3% 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 5, 293, Winchester Road, Southampton, the average age was 40.6 and the most common age was 42.
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 5, 293, Winchester Road, Southampton, 0.6% 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 5, 293, Winchester Road, Southampton, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.