According to the public record, 1, Rivermead Close, Romsey is a mid-century freehold house with 1,011 ft2 of internal area and sits on a 207 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Rivermead Close, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
1, Rivermead Close, Romsey has 2 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated June 2014.
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 Rivermead Close Romsey as £509,923 and the rental value as £1,667 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 1 Rivermead Close Romsey has increased by £13,656 (2.7%) and its rental value has increased by £76 per month (4.6%).
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, Rivermead Close, Romsey is in very good condition we estimate a sale value of £535,420 and rental value of £1,751 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £474,229 and a rental value of £1,551 per month.
If you were able to purchase this property for the estimated value of £509,923, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,506 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, Rivermead Close, Romsey sits on a plot of 207m2.
We have plot size data on 37 out of 41 other houses in the postcode and 1, Rivermead Close, Romsey sits on the 8th largest plot.
According to HM Land Registry, 1, Rivermead Close, Romsey was last sold on 24 Sep 2021 for £617,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2021, the market for similar properties has risen 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Rivermead Close, Romsey within a radius of 810 metres over the last 2 years.
The most recent example is 21, Rivermead Close, Romsey, SO51 8HQ, a Leasehold house which sold for £530,000 in May 2022.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rivermead Close, Romsey, SO51 has a total of 41 addresses. According to our analysis of all the public data, 1, Rivermead Close, Romsey is the 6th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £14k more expensive than the average property in SO51.
1, Rivermead Close, Romsey has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jun 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Rivermead Close, Romsey is Romsey station which is 1.0 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, Rivermead Close, Romsey, 63.6% of property is privately owned outright and 14.3% 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, Rivermead Close, Romsey, 6.0% of residents are recorded as possessing school level qualifications and 47.8% 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, Rivermead Close, 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, Rivermead Close, Romsey, 2.8% 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, Rivermead Close, Romsey, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.