According to the public record, 11, The Horsefair, Romsey is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 934 ft2 of internal area and sits on a 138 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
The Horsefair, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
11, The Horsefair, Romsey has 21 entries in the Land Registry database, most recently in October 2007 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 11 The Horsefair Romsey as £602,082 and the rental value as £1,633 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of 11 The Horsefair Romsey has increased by £16,124 (2.7%) and its rental value has increased by £74 per month (4.6%).
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, The Horsefair, Romsey is in very good condition we estimate a sale value of £632,186 and rental value of £1,714 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £559,936 and a rental value of £1,518 per month.
If you were able to purchase this property for the estimated value of £602,082, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,959 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, 11, The Horsefair, Romsey sits on a plot of 138m2.
We have plot size data on 3 out of 3 other houses in the postcode and 11, The Horsefair, Romsey sits on the 5th largest plot.
According to HM Land Registry, 11, The Horsefair, Romsey was last sold on 15 Oct 2007 for £312,500 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Oct 2007, the market for similar properties has risen 58.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, The Horsefair, Romsey within a radius of 580 metres over the last 2 years.
The most recent example is 20, Church Road, Romsey, SO51 8EY, a Leasehold house which sold for £500,000 in May 2021.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Horsefair, Romsey, SO51 has a total of 30 addresses. According to our analysis of all the public data, 11, The Horsefair, Romsey is the 12th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £106k more expensive than the average property in SO51.
The closest station to 11, The Horsefair, 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 11, The Horsefair, Romsey, 52.4% 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 11, The Horsefair, Romsey, 4.4% of residents are recorded as possessing school level qualifications and 47.4% 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, The Horsefair, 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 11, The Horsefair, Romsey, 1.6% 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, The Horsefair, Romsey, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.