According to the public record, 17, Old Cottage Close, Romsey is a modern freehold house with 968 ft2 of internal area and sits on a 176 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Old Cottage Close, West Wellow, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
17, Old Cottage Close, Romsey has 3 entries in the Land Registry database, most recently in April 2022 and a single entry in the EPC database dated July 2021.
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 17 Old Cottage Close Romsey as £433,286 and the rental value as £1,590 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 17 Old Cottage Close Romsey has increased by £9,621 (2.2%) and its rental value has increased by £64 per month (4.0%).
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 17, Old Cottage Close, Romsey is in very good condition we estimate a sale value of £454,950 and rental value of £1,669 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £402,956 and a rental value of £1,478 per month.
If you were able to purchase this property for the estimated value of £433,286, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,129 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, 17, Old Cottage Close, Romsey sits on a plot of 176m2.
We have plot size data on 9 out of 17 other houses in the postcode and 17, Old Cottage Close, Romsey sits on the 9th largest plot.
According to HM Land Registry, 17, Old Cottage Close, Romsey was last sold on 26 Apr 2022 for £420,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Apr 2022, the market for similar properties has dropped 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Old Cottage Close, Romsey within a radius of 3.5 kilometres over the last 2 years.
The most recent example is 43, Brookfields, Romsey, SO51 6GS, a Freehold house which sold for £415,000 in Jun 2022.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Cottage Close, West Wellow, Romsey, SO51 has a total of 17 addresses. According to our analysis of all the public data, 17, Old Cottage Close, Romsey is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £63k less expensive than the average property in SO51.
17, Old Cottage Close, Romsey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jul 2021.
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 17, Old Cottage Close, Romsey is Romsey station which is 6.9 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 17, Old Cottage Close, Romsey, 48.7% of property is privately owned outright and 35.5% 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 17, Old Cottage Close, Romsey, 13.7% of residents are recorded as possessing school level qualifications and 49.5% 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 17, Old Cottage Close, 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 17, Old Cottage Close, 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 17, Old Cottage Close, Romsey, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.