According to the public record, 3, Furze Drive, Romsey is a modern freehold house with 850 ft2 of internal area and sits on a 146 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Furze Drive, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
3, Furze Drive, Romsey has 2 entries in the Land Registry database, most recently in April 2021 and a single entry in the EPC database dated January 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 3 Furze Drive Romsey as £353,574 and the rental value as £1,514 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 3 Furze Drive Romsey has increased by £9,982 (2.8%) and its rental value has increased by £71 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, Furze Drive, Romsey is in very good condition we estimate a sale value of £371,253 and rental value of £1,590 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £328,824 and a rental value of £1,408 per month.
If you were able to purchase this property for the estimated value of £353,574, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,738 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, Furze Drive, Romsey sits on a plot of 146m2.
We have plot size data on 28 out of 28 other houses in the postcode and 3, Furze Drive, Romsey sits on the 9th largest plot.
According to HM Land Registry, 3, Furze Drive, Romsey was last sold on 12 Apr 2021 for £317,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2021, the market for similar properties has risen 12.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Furze Drive, Romsey within a radius of 630 metres over the last 2 years.
The most recent example is 7, Furze Drive, Romsey, SO51 0BJ, a Freehold house which sold for £345,000 in Jun 2024.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Furze Drive, Romsey, SO51 has a total of 28 addresses. According to our analysis of all the public data, 3, Furze Drive, Romsey is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in SO51.
3, Furze Drive, Romsey has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Jan 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 3, Furze Drive, Romsey is Romsey station which is 1.7 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, Furze Drive, 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 3, Furze Drive, 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 3, Furze Drive, Romsey, the average age was 43 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, Furze Drive, 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 3, Furze Drive, 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.