According to the public record, 2, Grayling Mead, Romsey is a modern freehold house with 1,883 ft2 of internal area and sits on a 471 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Grayling Mead, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
2, Grayling Mead, Romsey has 31 entries in the Land Registry database, most recently in November 2020 and a single entry in the EPC database dated March 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 2 Grayling Mead Romsey as £689,790 and the rental value as £2,141 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 2 Grayling Mead Romsey has increased by £14,992 (2.2%) and its rental value has increased by £87 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 2, Grayling Mead, Romsey is in very good condition we estimate a sale value of £724,279 and rental value of £2,249 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £641,504 and a rental value of £1,992 per month.
If you were able to purchase this property for the estimated value of £689,790, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,390 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, Grayling Mead, Romsey sits on a plot of 471m2.
We have plot size data on 13 out of 35 other houses in the postcode and 2, Grayling Mead, Romsey sits on the 2nd largest plot.
According to HM Land Registry, 2, Grayling Mead, Romsey was last sold on 02 Nov 2020 for £570,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2020, the market for similar properties has risen 14.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Grayling Mead, Romsey within a radius of 750 metres over the last 2 years.
The most recent example is 2, Eldridge Gardens, Romsey, SO51 7RT, a Freehold house which sold for £650,000 in Mar 2023.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grayling Mead, Romsey, SO51 has a total of 35 addresses. According to our analysis of all the public data, 2, Grayling Mead, Romsey is the largest and the most expensive property on the street.
When compared to the postcode district it is £194k more expensive than the average property in SO51.
2, Grayling Mead, Romsey has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Mar 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 2, Grayling Mead, Romsey is Romsey station which is 500 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, Grayling Mead, Romsey, 64.3% of property is privately owned outright and 26.4% 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, Grayling Mead, Romsey, 10.6% of residents are recorded as possessing school level qualifications and 52.6% 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, Grayling Mead, 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 2, Grayling Mead, Romsey, 0.7% 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, Grayling Mead, 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.