According to the public record, 20, Peel Close, Romsey is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,356 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Peel Close, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
20, Peel Close, Romsey has a single entry in the Land Registry database from August 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 20 Peel Close Romsey as £552,778 and the rental value as £1,963 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 20 Peel Close Romsey has increased by £11,769 (2.1%) and its rental value has increased by £79 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 20, Peel Close, Romsey is in very good condition we estimate a sale value of £580,417 and rental value of £2,061 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £514,084 and a rental value of £1,826 per month.
If you were able to purchase this property for the estimated value of £552,778, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,717 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, 20, Peel Close, Romsey was last sold on 08 Aug 2008 for £370,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2008, the market for similar properties has risen 64.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Peel Close, Romsey within a radius of 750 metres over the last 2 years.
The most recent example is 23, Campion Drive, Romsey, SO51 7RD, a Freehold house which sold for £650,000 in Oct 2023.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Peel Close, Romsey, SO51 has a total of 15 addresses. According to our analysis of all the public data, 20, Peel Close, Romsey is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £57k more expensive than the average property in SO51.
The closest station to 20, Peel Close, Romsey is Romsey station which is 1.9 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 20, Peel 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 20, Peel 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 20, Peel Close, Romsey, the average age was 45.8 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 20, Peel 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 20, Peel 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.