According to the public record, 1 Stanbridge Manor, Romsey is a modern leasehold apartment with 1,442 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Stanbridge Manor, Mortimer Drive, Romsey, SO51.
Mortimer Drive, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
1 Stanbridge Manor, Romsey has a single entry in the Land Registry database from December 2019 and a single entry in the EPC database dated October 2019.
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 good condition, we estimate the current sale value for 1 Stanbridge Manor Romsey as £795,080 and the rental value as £2,362 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 1 Stanbridge Manor Romsey has increased by £24,644 (3.1%) and its rental value has increased by £117 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 Stanbridge Manor, Romsey is in very good condition we estimate a sale value of £834,834 and rental value of £2,480 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £739,424 and a rental value of £2,197 per month.
If you were able to purchase this property for the estimated value of £795,080, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,908 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 Stanbridge Manor, Romsey was last sold on 19 Dec 2019 for £778,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2019, the market for similar properties has risen 13.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Stanbridge Manor, Romsey within a radius of 2.4 kilometres over the last 2 years.
The most recent example is 25 Kirkeby Court, Mortimer Drive, Romsey, SO51 0ED, a Leasehold flat which sold for £720,000 in Jun 2023.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mortimer Drive, Romsey, SO51 has a total of 153 addresses. According to our analysis of all the public data, 1 Stanbridge Manor, Romsey is the 18th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £299k more expensive than the average property in SO51.
1 Stanbridge Manor, Romsey has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Oct 2019.
The property is not connected to mains gas and has single glazed windows. It is heated using an LPG fired boiler and radiators.
The closest station to 1 Stanbridge Manor, Romsey is Romsey station which is 2.5 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 Stanbridge Manor, Romsey, 50.7% of property is privately owned outright and 35.0% 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 Stanbridge Manor, Romsey, 14.0% of residents are recorded as possessing school level qualifications and 40.7% 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 Stanbridge Manor, Romsey, the average age was 43 and the most common age was 57.
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 Stanbridge Manor, Romsey, 3.3% 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 Stanbridge Manor, 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.