According to the public record, 1, Rowse Close, Romsey is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,532 ft2 of internal area and sits on a 379 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Rowse Close, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
1, Rowse Close, Romsey has a single entry in the Land Registry database from April 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Rowse Close Romsey as £592,633 and the rental value as £1,756 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 1 Rowse Close Romsey has increased by £12,880 (2.2%) and its rental value has increased by £71 per month (4.0%).
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, Rowse Close, Romsey is in very good condition we estimate a sale value of £622,265 and rental value of £1,843 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £551,149 and a rental value of £1,633 per month.
If you were able to purchase this property for the estimated value of £592,633, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,913 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, Rowse Close, Romsey sits on a plot of 379m2.
We have plot size data on 10 out of 17 other houses in the postcode and 1, Rowse Close, Romsey sits on the 5th largest plot.
According to HM Land Registry, 1, Rowse Close, Romsey was last sold on 20 Apr 2018 for £480,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Apr 2018, the market for similar properties has risen 21.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Rowse Close, Romsey within a radius of 710 metres over the last 2 years.
The most recent example is 8, Withy Close, Romsey, SO51 7SA, a Freehold house which sold for £595,000 in May 2023.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rowse Close, Romsey, SO51 has a total of 17 addresses. According to our analysis of all the public data, 1, Rowse Close, Romsey is the 3rd largest and the 17th most expensive property on the street.
When compared to the postcode district it is £97k more expensive than the average property in SO51.
The closest station to 1, Rowse Close, 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, Rowse Close, Romsey, 64.3% of property is privately owned outright and 26.4% is privately owned with a mortgage.
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, Rowse Close, Romsey, 10.6% of residents are recorded as possessing school level qualifications and 52.6% 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, Rowse Close, Romsey, the average age was 45.8 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, Rowse Close, Romsey, 0.7% 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, Rowse Close, Romsey, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.