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2 Magdalen Hill is a residential building situated on Magdalen Hill, Winchester, SO23 with 2 addresses.
It ranks as the 53rd largest and 462nd most expensive of the 531 buildings in the SO23 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 2 properties: 2 flats.
2 Magdalen Hill is a residential building situated on Magdalen Hill, Winchester, SO23 with 2 addresses.
It ranks as the 53rd largest and 462nd most expensive of the 531 buildings in the SO23 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £427,859 for 2 bedroom leasehold flats (893 ft2) to £551,820 for 3 bedroom freehold houses with a garden (861 ft2) .
Monthly rental prices range from £1,588 pcm for 2 bed flats to £1,947 pcm for 3 bed houses.
The gross rental yield is between 4.2% and 4.5%.
The average value per square foot is £560.
The last sale in 2 Magdalen Hill sold for £477,500 on 11th June 2021. Since then prices are up an average of 3.5%.
The current average value in the building is £489,839.
The 2 Magdalen Hill Sales Market has increased by 10.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.5% | £489,839 |
| May 2025 | 0.7% | £492,078 |
| May 2024 | -2% | £488,740 |
| May 2023 | -1.3% | £498,959 |
| May 2022 | 7.4% | £505,446 |
| May 2021 | 1.9% | £470,425 |
| May 2020 | 1.7% | £461,446 |
| May 2019 | -0.5% | £453,624 |
| May 2018 | 0.8% | £455,959 |
| May 2017 | 1.7% | £452,288 |
| May 2016 | 6.6% | £444,574 |
| May 2015 | 10.5% | £417,130 |
| May 2014 | 11.1% | £377,511 |
| May 2013 | 4.2% | £339,751 |
| May 2012 | -0.7% | £326,193 |
| May 2011 | 2.9% | £328,611 |
| May 2010 | 9.5% | £319,204 |
| May 2009 | -10.8% | £291,422 |
| May 2008 | -0.3% | £326,721 |
| May 2007 | 0% | £327,610 |
The current average rental value in the building is £1,768.
The 2 Magdalen Hill Rental Market has increased by 33.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.1% | £1,768pcm |
| May 2025 | 4% | £1,698pcm |
| May 2024 | 4.4% | £1,632pcm |
| May 2023 | 5.8% | £1,563pcm |
| May 2022 | 4.8% | £1,478pcm |
| May 2021 | 6.8% | £1,411pcm |
| May 2020 | 1.2% | £1,320pcm |
| May 2019 | 2.9% | £1,305pcm |
| May 2018 | -2.7% | £1,268pcm |
| May 2017 | -1.7% | £1,304pcm |
| May 2016 | 6.2% | £1,327pcm |
| May 2015 | 2.4% | £1,249pcm |
| May 2014 | 1.7% | £1,219pcm |
| May 2013 | 3.7% | £1,199pcm |
| May 2012 | 3.1% | £1,157pcm |
| May 2011 | 3.5% | £1,122pcm |
| May 2010 | 3.9% | £1,084pcm |
| May 2009 | -3.9% | £1,044pcm |
| May 2008 | 4.1% | £1,086pcm |
| May 2007 | 0% | £1,043pcm |
The last sale was on 11th June 2021 for £477,500 and since then the market in the area has increased by 3.5%. The building has had a total of 4 sales since 1995.
2, Magdalen Hill, Winchester, SO23 0HJ has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 2, Magdalen Hill, Winchester, SO23 0HJ is Winchester station which is 1.1 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Magdalen Hill, Winchester, SO23 0HJ, 36.3% of property is privately rented and 31.9% is privately owned outright.
The graph below shows how this compares to South East 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 2, Magdalen Hill, Winchester, SO23 0HJ, 11.4% of residents are recorded as possessing school level qualifications and 66.5% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Magdalen Hill, Winchester, SO23 0HJ, the average age was 39.5 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 2, Magdalen Hill, Winchester, SO23 0HJ, 3.2% 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 2, Magdalen Hill, Winchester, SO23 0HJ, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.