According to the public record, Flat 8, St. Cross Mede, Winchester is a modern leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in St. Cross Mede, Mead Road, Winchester, SO23.
Mead Road, Winchester, SO23 is located in the borough of Winchester within the SO23 postal district.
Flat 8, St. Cross Mede, Winchester has 2 entries in the Land Registry database, most recently in March 2017 and a single entry in the EPC database dated January 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 8 St. Cross Mede Winchester as £301,980 and the rental value as £1,340 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 8 St. Cross Mede Winchester has increased by £4,481 (1.5%) and its rental value has increased by £60 per month (4.5%).
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 8, St. Cross Mede, Winchester is in very good condition we estimate a sale value of £317,080 and rental value of £1,408 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £280,842 and a rental value of £1,247 per month.
If you were able to purchase this property for the estimated value of £301,980, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,484 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 8, St. Cross Mede, Winchester was last sold on 31 Mar 2017 for £302,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2017, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, St. Cross Mede, Winchester within a radius of 850 metres over the last 2 years.
The most recent example is Flat 6, St. Cross Mede, Mead Road, Winchester, SO23 9RF, a Leasehold flat which sold for £272,500 in Oct 2023.
Read more about house prices in SO23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mead Road, Winchester, SO23 has a total of 32 addresses. According to our analysis of all the public data, Flat 8, St. Cross Mede, Winchester is the 25th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £210k less expensive than the average property in SO23.
Flat 8, St. Cross Mede, Winchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jan 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 8, St. Cross Mede, Winchester is Winchester station which is 2.1 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 8, St. Cross Mede, Winchester, 50.0% of property is privately owned outright and 32.8% 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 8, St. Cross Mede, Winchester, 19.1% of residents are recorded as possessing school level qualifications and 72.7% 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 8, St. Cross Mede, 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 8, St. Cross Mede, Winchester, 1.7% 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 8, St. Cross Mede, Winchester, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.