According to the public record, 2 Oakdene Place, Romsey is a modern freehold house with 1,173 ft2 of internal area and sits on a 350 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Cowleas Cottages, Awbridge, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
2 Oakdene Place, Romsey has 2 entries in the Land Registry database, most recently in June 2023 and a single entry in the EPC database dated December 2018.
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 Oakdene Place Romsey as £445,191 and the rental value as £1,755 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 2 Oakdene Place Romsey has increased by £7,022 (1.6%) and its rental value has increased by £63 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 Oakdene Place, Romsey is in very good condition we estimate a sale value of £467,451 and rental value of £1,843 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £414,028 and a rental value of £1,632 per month.
If you were able to purchase this property for the estimated value of £445,191, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,188 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 Oakdene Place, Romsey sits on a plot of 350m2.
We have plot size data on 30 out of 44 other houses in the postcode and 2 Oakdene Place, Romsey sits on the 24th largest plot.
According to HM Land Registry, 2 Oakdene Place, Romsey was last sold on 16 Jun 2023 for £470,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2023, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Oakdene Place, Romsey within a radius of 3.9 kilometres over the last 2 years.
The most recent example is 1 Oakdene Place, Cowleas Cottages, Romsey, SO51 0HJ, a Freehold house which sold for £470,000 in Dec 2022.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cowleas Cottages, Awbridge, Romsey, SO51 has a total of 46 addresses. According to our analysis of all the public data, 2 Oakdene Place, Romsey is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £51k less expensive than the average property in SO51.
2 Oakdene Place, Romsey has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Dec 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric air source heat pump and underfloor heating.
The closest station to 2 Oakdene Place, Romsey is Mottisfont & Dunbridge station which is 2.0 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 Oakdene Place, Romsey, 42.4% of property is privately owned outright and 29.8% 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 Oakdene Place, Romsey, 18.2% of residents are recorded as possessing school level qualifications and 40.5% 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 Oakdene Place, 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 Oakdene Place, Romsey, 1.0% 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 Oakdene Place, Romsey, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.