According to the public record, 3, Briar Way, Romsey is a mid-century freehold house with 1,069 ft2 of internal area and sits on a 280 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Briar Way, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
3, Briar Way, Romsey has 21 entries in the Land Registry database, most recently in November 2010 and a single entry in the EPC database dated June 2010.
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 3 Briar Way Romsey as £505,357 and the rental value as £1,773 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 3 Briar Way Romsey has increased by £14,608 (2.9%) and its rental value has increased by £85 per month (4.8%).
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 3, Briar Way, Romsey is in very good condition we estimate a sale value of £530,625 and rental value of £1,861 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £469,982 and a rental value of £1,649 per month.
If you were able to purchase this property for the estimated value of £505,357, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,484 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, 3, Briar Way, Romsey sits on a plot of 280m2.
We have plot size data on 5 out of 9 other houses in the postcode and 3, Briar Way, Romsey sits on the 5th largest plot.
According to HM Land Registry, 3, Briar Way, Romsey was last sold on 16 Nov 2010 for £315,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2010, the market for similar properties has risen 59.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Briar Way, Romsey within a radius of 610 metres over the last 2 years.
The most recent example is Burtnel, School Road, Romsey, SO51 7NY, a Freehold house which sold for £492,200 in Jul 2023.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Briar Way, Romsey, SO51 has a total of 9 addresses. According to our analysis of all the public data, 3, Briar Way, Romsey is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £9k more expensive than the average property in SO51.
3, Briar Way, Romsey has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jun 2010.
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, Briar Way, Romsey is Romsey station which is 1.5 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 3, Briar Way, Romsey, 72.3% of property is privately owned outright and 21.7% 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 3, Briar Way, Romsey, 14.6% of residents are recorded as possessing school level qualifications and 44.4% 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, Briar Way, 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 3, Briar Way, Romsey, 1.8% 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 3, Briar Way, Romsey, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.