According to the public record, 2, Walnut Close, Romsey is a modern freehold house with 1,140 ft2 of internal area and sits on a 150 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Walnut Close, Braishfield, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
2, Walnut Close, Romsey has 2 entries in the Land Registry database, most recently in November 2022 and a single entry in the EPC database dated January 2019.
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 Walnut Close Romsey as £504,406 and the rental value as £1,798 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 2 Walnut Close Romsey has increased by £14,240 (2.8%) and its rental value has increased by £84 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, Walnut Close, Romsey is in very good condition we estimate a sale value of £529,626 and rental value of £1,888 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £469,097 and a rental value of £1,673 per month.
If you were able to purchase this property for the estimated value of £504,406, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,479 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, Walnut Close, Romsey sits on a plot of 150m2.
We have plot size data on 36 out of 39 other houses in the postcode and 2, Walnut Close, Romsey sits on the 27th largest plot.
According to HM Land Registry, 2, Walnut Close, Romsey was last sold on 29 Nov 2022 for £440,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2022, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Walnut Close, Romsey within a radius of 890 metres over the last 2 years.
The most recent example is 3, Walnut Close, Romsey, SO51 0EQ, a Freehold house which sold for £405,000 in Aug 2019.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Walnut Close, Braishfield, Romsey, SO51 has a total of 46 addresses. According to our analysis of all the public data, 2, Walnut Close, Romsey is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in SO51.
2, Walnut Close, Romsey has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 31 Jan 2019.
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, Walnut Close, Romsey is Romsey station which is 2.3 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, Walnut Close, 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, Walnut Close, 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, Walnut Close, 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, Walnut Close, 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, Walnut Close, 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.