2 The Gatehouse, Royal Gate
2 The Gatehouse, Royal Gate
Description & Estimates
2 The Gatehouse, Royal Gate, Southsea is recorded publicly as a period leasehold apartment across 645 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 2 The Gatehouse, Royal Gate, Southsea is £249,344 and its rental estimate is £1,193 per month, given the available information and assuming reasonable condition.
2, Royal Gate is a residential building on Royal Gate, Southsea, PO4 and falls within the PO4 postal district.
Our Data Sources
2 The Gatehouse, Royal Gate, Southsea has 31 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated March 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2 The Gatehouse, Royal Gate, Southsea, we estimate a market value of £261,811 and a rental value of £1,252 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £231,890 and £1,109 per month respectively.
Recent Market Change
Over the last year, 2 The Gatehouse, Royal Gate, Southsea has seen its estimated sale value decline by £7,200 (2.9%) and its estimated rental value climb by £36 per month (3.0%). This results in an estimated gross rental yield of 5.7%.
Energy Efficiency
2 The Gatehouse, Royal Gate, Southsea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Mar 2020.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2 The Gatehouse, Royal Gate, Southsea completed on 26th March 2021 at £252,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 10.6% over the period since March 2021.
- Sold Mar 2021£252,500
- Sold Oct 2004£167,000
- Sold Jun 1998£89,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2 The Gatehouse, Royal Gate, Southsea have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th November 2024, was Flat 4, The Colonnades, Royal Gate, Southsea, PO4 9XP, a leasehold flat which sold for £250,000.
Read more about house prices in PO4.
- Sold Nov 2024£250,000 | 2 Bed FlatThe Colonnades, Royal GateFlat 4, The Colonnades, Royal Gate, Southsea, PO4 9XP
- Sold Mar 2023£265,000 | 2 Bed FlatThe Colonnades, Royal GateFlat 2, The Colonnades, Royal Gate, Southsea, PO4 9XP
- Sold Aug 2021£250,000 | 2 Bed FlatRoyal Gate1 The Gatehouse, Royal Gate, Southsea, PO4 9GA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 38 addresses on Royal Gate, Southsea, PO4, 2 The Gatehouse, Royal Gate, Southsea comes out as the 30th largest and the 31st most expensive in our analysis of the public data.
It is also £40k less expensive than the average property across the PO4 district.
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Schools Nearby
- 500mCumberland Infant School
- 700mMilton Park Primary School
- 800mWimborne Primary School
- 1.7kmMiltoncross Academy
- 1.8kmPriory School
- 2.5kmThe Portsmouth Academy
More reading links
Public Transport Nearby
From 2 The Gatehouse, Royal Gate, Southsea, the nearest station is Fratton, 1.7 kilometres away.
- 1.7kmFratton
- 2.8kmPortsmouth & Southsea
- 3.0kmSouthsea Hoverport
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
