According to the public record, 10 Millstream House, Dukes Mill, Romsey is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 670 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Dukes Mill, Broadwater Road, Romsey, SO51.
Broadwater Road, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
10 Millstream House, Dukes Mill, Romsey has 3 entries in the Land Registry database, most recently in March 2024 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 10 Millstream House Dukes Mill Romsey as £204,493 and the rental value as £999 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 10 Millstream House Dukes Mill Romsey has increased by £3,244 (1.6%) and its rental value has increased by £34 per month (3.4%).
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 10 Millstream House, Dukes Mill, Romsey is in very good condition we estimate a sale value of £214,717 and rental value of £1,049 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,178 and a rental value of £930 per month.
If you were able to purchase this property for the estimated value of £204,493, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,005 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, 10 Millstream House, Dukes Mill, Romsey was last sold on 06 Mar 2024 for £240,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2024, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10 Millstream House, Dukes Mill, Romsey within a radius of 610 metres over the last 2 years.
The most recent example is Flat 17, Dukes Mill, Broadwater Road, Romsey, SO51 8PJ, a Leasehold flat which sold for £187,000 in Jul 2022.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broadwater Road, Romsey, SO51 has a total of 55 addresses. According to our analysis of all the public data, 10 Millstream House, Dukes Mill, Romsey is the 25th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £291k less expensive than the average property in SO51.
The closest station to 10 Millstream House, Dukes Mill, Romsey is Romsey station which is 700 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 10 Millstream House, Dukes Mill, Romsey, 37.8% of property is privately rented and 37.3% is privately owned outright.
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 10 Millstream House, Dukes Mill, Romsey, 8.2% of residents are recorded as possessing school level qualifications and 34.6% 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 10 Millstream House, Dukes Mill, 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 10 Millstream House, Dukes Mill, Romsey, 1.1% 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 10 Millstream House, Dukes Mill, Romsey, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.