According to the public record, 24, Abbey Water, Romsey is a period freehold house with 1,528 ft2 of internal area and sits on a 265 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Abbey Water, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
24, Abbey Water, Romsey has 21 entries in the Land Registry database, most recently in August 2018 and a single entry in the EPC database dated February 2016.
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 24 Abbey Water Romsey as £832,694 and the rental value as £2,070 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of 24 Abbey Water Romsey has increased by £15,905 (1.9%) and its rental value has increased by £78 per month (3.8%).
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 24, Abbey Water, Romsey is in very good condition we estimate a sale value of £874,328 and rental value of £2,174 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £774,405 and a rental value of £1,925 per month.
If you were able to purchase this property for the estimated value of £832,694, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,092 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, 24, Abbey Water, Romsey sits on a plot of 265m2.
We have plot size data on 3 out of 8 other houses in the postcode and 24, Abbey Water, Romsey sits on the 2nd largest plot.
According to HM Land Registry, 24, Abbey Water, Romsey was last sold on 21 Aug 2018 for £728,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2018, the market for similar properties has risen 22.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Abbey Water, Romsey within a radius of 660 metres over the last 2 years.
The most recent example is 52, Newton Lane, Romsey, SO51 8GX, a Freehold house which sold for £645,000 in Sep 2022.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Abbey Water, Romsey, SO51 has a total of 11 addresses. According to our analysis of all the public data, 24, Abbey Water, Romsey is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £337k more expensive than the average property in SO51.
24, Abbey Water, Romsey has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Feb 2016.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 24, Abbey Water, Romsey is Romsey station which is 700 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 24, Abbey Water, Romsey, 63.6% of property is privately owned outright and 14.3% is privately rented.
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 24, Abbey Water, Romsey, 6.0% of residents are recorded as possessing school level qualifications and 47.8% 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 24, Abbey Water, Romsey, the average age was 51.2 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 24, Abbey Water, Romsey, 2.8% 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 24, Abbey Water, Romsey, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.