According to the public record, 3, Northlands Road, Romsey is a mid-century freehold house with 796 ft2 of internal area and sits on a 333 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Northlands Road, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
3, Northlands Road, Romsey has 21 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated March 2022.
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 Northlands Road Romsey as £410,707 and the rental value as £1,572 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 3 Northlands Road Romsey has increased by £11,613 (2.8%) and its rental value has increased by £75 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, Northlands Road, Romsey is in very good condition we estimate a sale value of £431,242 and rental value of £1,650 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £381,957 and a rental value of £1,462 per month.
If you were able to purchase this property for the estimated value of £410,707, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,018 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, Northlands Road, Romsey sits on a plot of 333m2.
We have plot size data on 10 out of 17 other houses in the postcode and 3, Northlands Road, Romsey sits on the 5th largest plot.
According to HM Land Registry, 3, Northlands Road, Romsey was last sold on 02 Sep 2022 for £408,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2022, the market for similar properties has dropped 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Northlands Road, Romsey within a radius of 800 metres over the last 2 years.
The most recent example is 12, Northlands Road, Romsey, SO51 5RW, a Freehold house which sold for £385,000 in Apr 2024.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Northlands Road, Romsey, SO51 has a total of 75 addresses. According to our analysis of all the public data, 3, Northlands Road, Romsey is the 65th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £85k less expensive than the average property in SO51.
3, Northlands Road, Romsey has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Mar 2022.
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, Northlands Road, 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, Northlands Road, Romsey, 57.3% of property is privately owned outright and 30.4% 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, Northlands Road, Romsey, 19.3% of residents are recorded as possessing school level qualifications and 41.5% 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, Northlands Road, 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 3, Northlands Road, Romsey, 3.1% 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, Northlands Road, Romsey, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.