According to the public record, 24, Great Well Drive, Romsey is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 685 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Great Well Drive, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
24, Great Well Drive, Romsey has 21 entries in the Land Registry database, most recently in July 2011 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 24 Great Well Drive Romsey as £324,867 and the rental value as £1,388 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 24 Great Well Drive Romsey has increased by £9,290 (2.9%) and its rental value has increased by £66 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 24, Great Well Drive, Romsey is in very good condition we estimate a sale value of £341,110 and rental value of £1,458 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £302,126 and a rental value of £1,291 per month.
If you were able to purchase this property for the estimated value of £324,867, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,597 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, 24, Great Well Drive, Romsey was last sold on 15 Jul 2011 for £185,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2011, the market for similar properties has risen 58.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Great Well Drive, Romsey within a radius of 550 metres over the last 2 years.
The most recent example is 88, Latham Road, Romsey, SO51 7DB, a Freehold house which sold for £356,500 in Nov 2023.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Great Well Drive, Romsey, SO51 has a total of 109 addresses. According to our analysis of all the public data, 24, Great Well Drive, Romsey is the 42nd largest and the 10th most expensive property on the street.
When compared to the postcode district it is £171k less expensive than the average property in SO51.
The closest station to 24, Great Well Drive, Romsey is Romsey station which is 400 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, Great Well Drive, Romsey, 38.8% of property is privately owned outright and 26.7% 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, Great Well Drive, Romsey, 13.7% of residents are recorded as possessing school level qualifications and 27.8% 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, Great Well Drive, Romsey, the average age was 45.8 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, Great Well Drive, Romsey, 0.9% 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, Great Well Drive, Romsey, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.