According to the public record, 1 Holt Court, Romsey is a modern leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Holt Court, Latimer Street, Romsey, SO51.
Latimer Street, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
1 Holt Court, Romsey has 2 entries in the Land Registry database, most recently in June 2018 and a single entry in the EPC database dated August 2022.
We combine this information with that 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 Holt Court Romsey as £303,435 and the rental value as £1,142 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 1 Holt Court Romsey has increased by £9,312 (3.1%) and its rental value has increased by £57 per month (5.0%).
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 Holt Court, Romsey is in very good condition we estimate a sale value of £318,607 and rental value of £1,199 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £282,194 and a rental value of £1,062 per month.
If you were able to purchase this property for the estimated value of £303,435, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,491 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 HM Land Registry, 1 Holt Court, Romsey was last sold on 01 Jun 2018 for £280,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2018, the market for similar properties has risen 13.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Holt Court, Romsey within a radius of 500 metres over the last 2 years.
The most recent example is 6 The Old Bakery, Holt Mews, Latimer Street, Romsey, SO51 8LD, a Leasehold flat which sold for £297,000 in Mar 2022.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Latimer Street, Romsey, SO51 has a total of 54 addresses. According to our analysis of all the public data, 1 Holt Court, Romsey is the 20th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £193k less expensive than the average property in SO51.
1 Holt Court, Romsey has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 1 Holt Court, Romsey is Romsey station which is 500 metres 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 Holt Court, Romsey, 52.4% of property is privately owned outright and 33.3% 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 Holt Court, Romsey, 4.4% of residents are recorded as possessing school level qualifications and 47.4% 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 Holt Court, Romsey, the average age was 51.2 and the most common age was 72.
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 Holt Court, Romsey, 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 1 Holt Court, Romsey, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.