Downsizing in Easton: What You Would Actually Release
Selling at the £700,000 Easton average and buying at £490,000 releases about £182,300 after costs. Fees, stamp duty and moving take roughly £27,700 of it.
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
Selling at the £700,000 Easton average and buying at £490,000 releases about £182,300 after costs. Fees, stamp duty and moving take roughly £27,700 of it.
What an Easton move actually releases
Start with the gap. Selling at £700,000 and buying at 70% of that, £490,000, leaves £210,000 before costs. Costs are the part people underestimate.
Agent fees at 1.5% are £10,500. Stamp duty on the purchase is £14,500. Total £27,700, leaving £182,300 in hand.
Moving within Hampshire rather than out of it keeps you near family and known services. The average price across the county towns we cover is £535,916, against £700,000 here.
Where the sale proceeds go
The commercial page for this town sets out the introduction itself: Equity release in Easton.
Moving or borrowing, compared honestly
A lifetime mortgage at 65 on the same property would release about £238,000. Downsizing nets £182,300. The difference is that downsizing costs you the house, and equity release costs you the estate.
Over twenty years that £238,000 release grows to roughly £838,628. The downsizing figure does not grow at all, because there is no debt.
What the move costs beyond money
Council tax follows the property, not the person. Band D in Easton is £2,295, and a smaller home may sit in a lower band. Check the band before you offer, not after.
Downsizing works best when you are not in a hurry.
What a move within Easton looks like
The schools families ask about here are Itchen Abbas Primary School, Henry Beaufort School, Winchester, Independent schools (Winchester) and Peter Symonds College (Winchester). 2 local schools were rated Good or Outstanding overall at their most recent graded Ofsted inspection. Ratings age between inspections, so read the latest report before you rely on one.
On getting about: Easton to Winchester takes about 10 min drive.
By price, Easton ranks 10 of the 178 Hampshire locations we cover, at £700,000 against a county average of £535,916. Band D council tax here is £2,295, against an average of £2,319 across the towns we cover in the county.
Is Easton right to stay in?
Easton is a small, pretty, sought-after River Itchen village near Winchester.
The full local guide covers schools, transport and the market in detail: Easton property and area guide.
- A beautiful, sought-after village
- A fine Norman church, cottages & two pubs
- The River Itchen & the South Downs
- A couple of miles from Winchester & its trains
- Superb walking & fly-fishing on the doorstep
- Prices well above the national average
- Very limited supply, you may wait for the right home
- No station in the village (you use Winchester)
- A River Itchen flood-risk consideration near the water
- Period/thatched/listed homes need careful survey & checks
| Who it suits | Out of five | Why |
|---|---|---|
| Commuters (to London) | ★★★★★ | Two miles from Winchester and its fast direct South Western Railway trains to London Waterloo, village life within reach of the capital. |
| Professionals | ★★★★★ | A picture-postcard chalk-stream village minutes from Winchester's amenities, dining pubs and culture. |
| Upsizers | ★★★★☆ | Substantial period, riverside and country homes on the Itchen, though supply is very limited and prices high. |
| Retirees | ★★★★☆ | Beauty, peace, the river and a Good village primary nearby, with Winchester close, but a car is needed and prices are steep. |
| First-time buyers | ★☆☆☆☆ | A very high-value, low-supply village with almost no affordable entry point, realistically out of reach. |
Easton is known locally for St Mary's Church. The fine late Norman church with its rich south doorway and apsidal vaulted chancel (restored 1850), and the monument to Bishop Barlow's widow whose five daughters all married bishops, the historic heart of Easton.
Practical detail for Easton: the SO21 postcode district, no village station, nearest Winchester (~3mi), fast direct to London Waterloo and nearest A and E is Royal Hampshire County Hospital, Winchester (~3 to 4mi), verify with NHS.
Easton has history behind the price. In Middle Ages, Easton is established as a farming village in the valley of the River Itchen.
Easton at a glance
| Downsizing line | Easton figure |
|---|---|
| Sale price, local average | £700,000 |
| Purchase at 70% of value | £490,000 |
| Estate agent at 1.5% | £10,500 |
| Stamp duty on purchase | £14,500 |
| Legal and moving | £2,700 |
| Total costs | £27,700 |
| Net released | £182,300 |
| Lifetime mortgage alternative at 65 | £238,000 |
Figures are local averages used for illustration. Confirm your own numbers before acting on them.
Ask about Easton
Three details is all we need. You are told before anything is passed to a partner firm.
Your checklist
- A real valuation of your home, not the £700,000 average
- The council tax band of the property you are buying
- Total moving costs of about £27,700
- The equity release comparison, in writing, before you decide
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
Check broadband before you make an offer in Easton
Broadband speeds can vary street by street in Easton, so check the exact address before you commit. Ofcom's free checker shows which broadband speeds and mobile coverage are available at any UK property.
We can introduce you to a specialist who can combine your mobile, broadband and utilities into one bill. There's no fee for the introduction.
We don't provide these services ourselves. Switching household bills is not a regulated financial service, so FCA protections and the Financial Ombudsman do not apply. We'll only pass your details to the specialist if you ask us to. See our privacy notice.
Questions people ask
How much would I release by downsizing in Easton?
Is downsizing better than equity release?
What are the costs of moving?
How do I check broadband speed at a property in Easton?
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