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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 3, Lake Drive, Winchester is a modern freehold house with 3,035 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Lake Drive, Winchester is £1,204,980 and the estimated rental value is £3,386 per month.
Lake Drive, Winchester, SO22 is located in the borough of Winchester within the SO22 postal district.
3, Lake Drive, Winchester has 2 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated May 2016.
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.
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 3, Lake Drive, Winchester is in very good condition we estimate a sale value of £1,265,229 and a rental value of £3,555 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,120,631 and a rental value of £3,149 per month.
Over the last 12 months the sale value of 3 Lake Drive Winchester has decreased by an estimated £41,298 (3.4%) and its rental value has increased by an estimated £53 per month (1.6%), giving an expected gross yield of 3.4%.
3, Lake Drive, Winchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 May 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Lake Drive, Winchester was last sold on 14th December 2022 for £1,230,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2022, the market for similar properties has risen 24.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Lake Drive, Winchester within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 29, Old Kennels Lane, Winchester, SO22 4JP, a freehold house which sold for £753,000 on the 3rd September 2019.
Read more about house prices in SO22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lake Drive, Winchester, SO22 has a total of 4 addresses. According to our analysis of all the public data, 3, Lake Drive, Winchester is the largest and the most expensive property on the street.
When compared to the postcode district it is £610k more expensive than the average property in SO22.
The closest station to 3, Lake Drive, Winchester is Shawford station which is 3.1 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 3, Lake Drive, Winchester, 61.2% of property is privately owned outright and 33.1% is privately owned with a mortgage.
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 3, Lake Drive, Winchester, 19.0% of residents are recorded as possessing school level qualifications and 58.2% 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 3, Lake Drive, Winchester, the average age was 42.5 and the most common age was 52.
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 3, Lake Drive, Winchester, 1.6% 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 3, Lake Drive, Winchester, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.
