According to the public record, 2, Chavy Water, Romsey is a modern house with 721 ft2 of internal area and sits on a 84.9 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chavy Water, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
2, Chavy Water, Romsey has no recent1 records in the Land Registry database and a single entry in the EPC database dated June 2019.
We combine this information with public data 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 2 Chavy Water Romsey as £405,410 and the rental value as £1,457 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 2 Chavy Water Romsey has increased by £11,094 (2.7%) and its rental value has increased by £67 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 2, Chavy Water, Romsey is in very good condition we estimate a sale value of £425,680 and rental value of £1,529 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £377,031 and a rental value of £1,355 per month.
If you were able to purchase this property for the estimated value of £405,410, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,992 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, 2, Chavy Water, Romsey sits on a plot of 85m2.
We have plot size data on 7 out of 13 other houses in the postcode and 2, Chavy Water, Romsey sits on the 6th largest plot.
According to HM Land Registry, 2, Chavy Water, Romsey was last sold on 20 Dec 2002 for £215,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Chavy Water, Romsey within a radius of 750 metres over the last 2 years.
The most recent example is 69, Middlebridge Street, Romsey, SO51 8HJ, a Freehold house which sold for £420,000 in Apr 2023.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chavy Water, Romsey, SO51 has a total of 13 addresses. According to our analysis of all the public data, 2, Chavy Water, Romsey is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £91k less expensive than the average property in SO51.
2, Chavy Water, Romsey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jun 2019.
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 2, Chavy Water, 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 2, Chavy Water, Romsey, 61.9% of property is privately owned outright and 23.8% 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 2, Chavy Water, Romsey, 5.0% of residents are recorded as possessing school level qualifications and 44.3% 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, Chavy Water, 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 2, Chavy Water, Romsey, 2.0% 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, Chavy Water, Romsey, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.