According to the public record, 2 The Firs, Romsey is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,421 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
St. Andrews Close, Timsbury, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
2 The Firs, Romsey has a single entry in the Land Registry database from February 2018 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 2 The Firs Romsey as £597,192 and the rental value as £1,953 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 2 The Firs Romsey has increased by £9,816 (1.6%) and its rental value has increased by £71 per month (3.6%).
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 2 The Firs, Romsey is in very good condition we estimate a sale value of £627,052 and rental value of £2,050 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £555,389 and a rental value of £1,816 per month.
If you were able to purchase this property for the estimated value of £597,192, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,935 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 HM Land Registry, 2 The Firs, Romsey was last sold on 20 Feb 2018 for £515,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2018, the market for similar properties has risen 21.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 The Firs, Romsey within a radius of 2.8 kilometres over the last 2 years.
The most recent example is Fairview, Stockbridge Road, Romsey, SO51 0NF, a Freehold house which sold for £535,000 in Jan 2023.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Andrews Close, Timsbury, Romsey, SO51 has a total of 17 addresses. According to our analysis of all the public data, 2 The Firs, Romsey is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £101k more expensive than the average property in SO51.
The closest station to 2 The Firs, Romsey is Mottisfont & Dunbridge station which is 3.2 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 2 The Firs, Romsey, 47.3% of property is privately owned outright and 38.2% 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 2 The Firs, Romsey, 14.5% of residents are recorded as possessing school level qualifications and 46.3% 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 2 The Firs, Romsey, the average age was 46.5 and the most common age was 52.
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 2 The Firs, Romsey, 0.5% 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 2 The Firs, Romsey, there are an average of 2.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.