According to the public record, 16, Homefield, Romsey is a mid-century freehold house with 1,108 ft2 of internal area and sits on a 303 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Homefield, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
16, Homefield, Romsey has a single entry in the Land Registry database from October 2020 and a single entry in the EPC database dated July 2020.
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 16 Homefield Romsey as £468,072 and the rental value as £1,730 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 16 Homefield Romsey has increased by £12,154 (2.6%) and its rental value has increased by £77 per month (4.5%).
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 16, Homefield, Romsey is in very good condition we estimate a sale value of £491,475 and rental value of £1,817 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £435,307 and a rental value of £1,609 per month.
If you were able to purchase this property for the estimated value of £468,072, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,300 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, 16, Homefield, Romsey sits on a plot of 303m2.
We have plot size data on 4 out of 25 other houses in the postcode and 16, Homefield, Romsey sits on the 2nd largest plot.
According to HM Land Registry, 16, Homefield, Romsey was last sold on 29 Oct 2020 for £412,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2020, the market for similar properties has risen 16.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Homefield, Romsey within a radius of 700 metres over the last 2 years.
The most recent example is 78, Cupernham Lane, Romsey, SO51 7LF, a Freehold house which sold for £465,000 in Mar 2022.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Homefield, Romsey, SO51 has a total of 25 addresses. According to our analysis of all the public data, 16, Homefield, Romsey is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £28k less expensive than the average property in SO51.
16, Homefield, Romsey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jul 2020.
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 16, Homefield, Romsey is Romsey station which is 800 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 16, Homefield, Romsey, 69.5% of property is privately owned outright and 26.6% 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 16, Homefield, Romsey, 15.9% of residents are recorded as possessing school level qualifications and 44.8% 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 16, Homefield, 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 16, Homefield, 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 16, Homefield, Romsey, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.