According to the public record, 130, Mercer Way, Romsey is a mid-century freehold house with 882 ft2 of internal area and sits on a 116 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mercer Way, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
130, Mercer Way, Romsey has a single entry in the Land Registry database from August 2013 and a single entry in the EPC database dated February 2013.
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 130 Mercer Way Romsey as £295,688 and the rental value as £1,309 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 130 Mercer Way Romsey has increased by £8,455 (2.9%) and its rental value has increased by £62 per month (4.7%).
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 130, Mercer Way, Romsey is in very good condition we estimate a sale value of £310,473 and rental value of £1,375 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,990 and a rental value of £1,218 per month.
If you were able to purchase this property for the estimated value of £295,688, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,453 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, 130, Mercer Way, Romsey sits on a plot of 116m2.
We have plot size data on 21 out of 57 other houses in the postcode and 130, Mercer Way, Romsey sits on the 20th largest plot.
According to HM Land Registry, 130, Mercer Way, Romsey was last sold on 02 Aug 2013 for £155,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2013, the market for similar properties has risen 62.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 130, Mercer Way, Romsey within a radius of 610 metres over the last 2 years.
The most recent example is 28, Mercer Way, Romsey, SO51 7QH, a Freehold house which sold for £315,000 in Nov 2023.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mercer Way, Romsey, SO51 has a total of 198 addresses. According to our analysis of all the public data, 130, Mercer Way, Romsey is the 57th largest and the 84th most expensive property on the street.
When compared to the postcode district it is £200k less expensive than the average property in SO51.
130, Mercer Way, Romsey has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Feb 2013.
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 130, Mercer Way, Romsey is Romsey station which is 600 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 130, Mercer Way, Romsey, 29.9% of property is privately owned outright and 26.8% 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 130, Mercer Way, Romsey, 16.5% of residents are recorded as possessing school level qualifications and 25.2% 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 130, Mercer Way, Romsey, the average age was 45.8 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 130, Mercer Way, Romsey, 1.4% 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 130, Mercer Way, 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.