According to the public record, 3 Bark Mill Mews, Romsey is a modern apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Bark Mill Mews, Middlebridge Street, Romsey, SO51.
Middlebridge Street, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
3 Bark Mill Mews, Romsey has no recent1 records in the Land Registry database and a single entry in the EPC database dated February 2013.
We combine this information with public data 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 3 Bark Mill Mews Romsey as £300,209 and the rental value as £1,136 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 3 Bark Mill Mews Romsey has increased by £8,530 (2.8%) and its rental value has increased by £54 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 3 Bark Mill Mews, Romsey is in very good condition we estimate a sale value of £315,220 and rental value of £1,193 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £279,195 and a rental value of £1,057 per month.
If you were able to purchase this property for the estimated value of £300,209, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,475 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, 3 Bark Mill Mews, Romsey was last sold on 12 Mar 1999 for £103,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Bark Mill Mews, Romsey within a radius of 870 metres over the last 2 years.
The most recent example is 71, Riverside Gardens, Romsey, SO51 8HN, a Leasehold flat which sold for £247,500 in Dec 2022.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Middlebridge Street, Romsey, SO51 has a total of 183 addresses. According to our analysis of all the public data, 3 Bark Mill Mews, Romsey is the 102nd largest and the 100th most expensive property on the street.
When compared to the postcode district it is £196k less expensive than the average property in SO51.
3 Bark Mill Mews, Romsey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Feb 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 3 Bark Mill Mews, Romsey is Romsey station which is 900 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 3 Bark Mill Mews, Romsey, 61.9% of property is privately owned outright and 23.8% 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 3 Bark Mill Mews, Romsey, 5.0% of residents are recorded as possessing school level qualifications and 44.3% 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 3 Bark Mill Mews, 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 3 Bark Mill Mews, Romsey, 2.0% 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 3 Bark Mill Mews, Romsey, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.