According to the public record, 11, Foster Way, Romsey is a modern apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Foster Way, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
11, Foster Way, Romsey has no records in the Land Registry database and a single entry in the EPC database dated June 2022.
We combine this information with public data 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 11 Foster Way Romsey as £237,144 and the rental value as £1,056 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 11 Foster Way Romsey has increased by £6,920 (2.9%) and its rental value has increased by £51 per month (4.8%).
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 11, Foster Way, Romsey is in very good condition we estimate a sale value of £249,001 and rental value of £1,109 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £220,544 and a rental value of £982 per month.
If you were able to purchase this property for the estimated value of £237,144, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,165 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Foster Way, Romsey within a radius of 840 metres over the last 2 years.
The most recent example is 86, Freemantle Road, Romsey, SO51 0AX, a Leasehold flat which sold for £220,000 in Jul 2023.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Foster Way, Romsey, SO51 has a total of 23 addresses. According to our analysis of all the public data, 11, Foster Way, Romsey is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £259k less expensive than the average property in SO51.
11, Foster Way, Romsey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jun 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 11, Foster Way, Romsey is Romsey station which is 1.8 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 11, Foster Way, Romsey, 57.1% of property is privately owned outright and 31.8% 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 11, Foster Way, Romsey, 16.8% of residents are recorded as possessing school level qualifications and 47.0% 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 11, Foster Way, 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 11, Foster Way, Romsey, 0.0% 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 11, Foster Way, Romsey, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.