According to the public record, 1 Above Mill Cottage, Romsey is a period house with 861 ft2 of internal area and sits on a 2,533 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
East Tytherley Road, Lockerley, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
1 Above Mill Cottage, Romsey has no records in the Land Registry database and a single entry in the EPC database dated June 2019.
We combine this information with public data 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 1 Above Mill Cottage Romsey as £626,117 and the rental value as £1,719 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of 1 Above Mill Cottage Romsey has increased by £14,158 (2.3%) and its rental value has increased by £77 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 1 Above Mill Cottage, Romsey is in very good condition we estimate a sale value of £657,423 and rental value of £1,804 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £582,289 and a rental value of £1,598 per month.
If you were able to purchase this property for the estimated value of £626,117, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,077 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 data from HM Land Registry, 1 Above Mill Cottage, Romsey sits on a plot of 2533m2.
We have plot size data on 17 out of 22 other houses in the postcode and 1 Above Mill Cottage, Romsey sits on the 8th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Above Mill Cottage, Romsey within a radius of 5.3 kilometres over the last 2 years.
The most recent example is Stanella Cottage, Newtown Road, Romsey, SO51 0GG, a Freehold house which sold for £367,500 in Nov 2022.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
East Tytherley Road, Lockerley, Romsey, SO51 has a total of 30 addresses. According to our analysis of all the public data, 1 Above Mill Cottage, Romsey is the 25th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £130k more expensive than the average property in SO51.
1 Above Mill Cottage, Romsey has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Jun 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 1 Above Mill Cottage, Romsey is Mottisfont & Dunbridge station which is 2.7 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 1 Above Mill Cottage, Romsey, 34.2% of property is privately owned outright and 29.3% is privately rented.
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 1 Above Mill Cottage, Romsey, 19.8% of residents are recorded as possessing school level qualifications and 40.1% 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 1 Above Mill Cottage, Romsey, the average age was 46.5 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 1 Above Mill Cottage, Romsey, 0.5% 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 1 Above Mill Cottage, Romsey, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.