According to the public record, 18, Church Lane, Romsey is a period freehold house with 1,044 ft2 of internal area and sits on a 182 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Church Lane, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
18, Church Lane, Romsey has 31 entries in the Land Registry database, most recently in March 2019 and a single entry in the EPC database dated January 2019.
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 18 Church Lane Romsey as £524,692 and the rental value as £1,686 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 18 Church Lane Romsey has increased by £14,052 (2.7%) and its rental value has increased by £77 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 18, Church Lane, Romsey is in very good condition we estimate a sale value of £550,927 and rental value of £1,770 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £487,964 and a rental value of £1,568 per month.
If you were able to purchase this property for the estimated value of £524,692, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,579 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, 18, Church Lane, Romsey sits on a plot of 182m2.
We have plot size data on 9 out of 20 other houses in the postcode and 18, Church Lane, Romsey sits on the 5th largest plot.
According to HM Land Registry, 18, Church Lane, Romsey was last sold on 19 Mar 2019 for £485,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Mar 2019, the market for similar properties has risen 24.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Church Lane, Romsey within a radius of 610 metres over the last 2 years.
The most recent example is 38, Church Lane, Romsey, SO51 8EP, a Freehold house which sold for £327,500 in Mar 2020.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Church Lane, Romsey, SO51 has a total of 20 addresses. According to our analysis of all the public data, 18, Church Lane, Romsey is the 15th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £29k more expensive than the average property in SO51.
18, Church Lane, Romsey has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jan 2019.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 18, Church Lane, Romsey is Romsey station which is 700 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 18, Church Lane, 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 18, Church Lane, 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 18, Church Lane, 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 18, Church Lane, 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 18, Church Lane, 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.