According to the public record, 2, Marshall Road, Romsey is a modern freehold house with 828 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Marshall Road, Ampfield, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
2, Marshall Road, Romsey has a single entry in the Land Registry database from July 2021 and a single entry in the EPC database dated May 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 good condition, we estimate the current sale value for 2 Marshall Road Romsey as £431,384 and the rental value as £1,635 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 2 Marshall Road Romsey has increased by £12,179 (2.8%) and its rental value has increased by £77 per month (4.7%).
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, Marshall Road, Romsey is in very good condition we estimate a sale value of £452,953 and rental value of £1,716 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £401,187 and a rental value of £1,520 per month.
If you were able to purchase this property for the estimated value of £431,384, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,120 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, Marshall Road, Romsey was last sold on 30 Jul 2021 for £372,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2021, the market for similar properties has risen 7.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Marshall Road, Romsey within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 4, Marshall Road, Romsey, SO51 0DQ, a Freehold house which sold for £370,000 in Jun 2021.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marshall Road, Ampfield, Romsey, SO51 has a total of 23 addresses. According to our analysis of all the public data, 2, Marshall Road, Romsey is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £65k less expensive than the average property in SO51.
2, Marshall Road, Romsey has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 May 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 2, Marshall Road, Romsey is Romsey station which is 2.5 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, Marshall Road, Romsey, 57.1% of property is privately owned outright and 31.8% 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, Marshall Road, Romsey, 16.8% of residents are recorded as possessing school level qualifications and 47.0% 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, Marshall Road, 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 2, Marshall Road, Romsey, 0.0% 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, Marshall Road, Romsey, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.