According to the public record, 1, Southampton Road, Romsey is a mid-century freehold house with 1,399 ft2 of internal area and sits on a 266 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Southampton Road, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
1, Southampton Road, Romsey has a single entry in the Land Registry database from March 2023 and a single entry in the EPC database dated September 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 Southampton Road Romsey as £535,466 and the rental value as £1,923 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 1 Southampton Road Romsey has increased by £12,446 (2.3%) and its rental value has increased by £81 per month (4.2%).
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, Southampton Road, Romsey is in very good condition we estimate a sale value of £562,240 and rental value of £2,020 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £497,984 and a rental value of £1,789 per month.
If you were able to purchase this property for the estimated value of £535,466, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,632 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, Southampton Road, Romsey sits on a plot of 266m2.
We have plot size data on 2 out of 3 other houses in the postcode and 1, Southampton Road, Romsey sits on the 2nd largest plot.
According to HM Land Registry, 1, Southampton Road, Romsey was last sold on 29 Mar 2023 for £520,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2023, the market for similar properties has risen 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Southampton Road, Romsey within a radius of 570 metres over the last 2 years.
The most recent example is 24A, The Harrage, Romsey, SO51 8AE, a Freehold house which sold for £825,000 in Oct 2022.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southampton Road, Romsey, SO51 has a total of 15 addresses. According to our analysis of all the public data, 1, Southampton Road, Romsey is the 10th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £39k more expensive than the average property in SO51.
1, Southampton Road, Romsey has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Sep 2022.
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, Southampton Road, Romsey is Romsey station which is 400 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, Southampton Road, Romsey, 51.1% 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, Southampton Road, Romsey, 6.2% of residents are recorded as possessing school level qualifications and 47.3% 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, Southampton Road, 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, Southampton Road, Romsey, 0.9% 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, Southampton Road, Romsey, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.