According to the public record, 3, Petty Close, Romsey is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 931 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Petty Close, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
3, Petty Close, Romsey has 21 entries in the Land Registry database, most recently in July 2006 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 3 Petty Close Romsey as £365,580 and the rental value as £1,523 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 3 Petty Close Romsey has increased by £10,344 (2.8%) and its rental value has increased by £72 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, Petty Close, Romsey is in very good condition we estimate a sale value of £383,859 and rental value of £1,599 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £339,990 and a rental value of £1,416 per month.
If you were able to purchase this property for the estimated value of £365,580, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,797 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, Petty Close, Romsey was last sold on 14 Jul 2006 for £208,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Petty Close, Romsey within a radius of 750 metres over the last 2 years.
The most recent example is 120, Tadburn Road, Romsey, SO51 5HS, a Freehold house which sold for £340,000 in Jul 2021.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Petty Close, Romsey, SO51 has a total of 28 addresses. According to our analysis of all the public data, 3, Petty Close, Romsey is the 14th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £130k less expensive than the average property in SO51.
The closest station to 3, Petty Close, Romsey is Romsey station which is 800 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, Petty Close, Romsey, 72.6% of property is privately owned outright and 21.0% 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, Petty Close, Romsey, 15.2% of residents are recorded as possessing school level qualifications and 39.5% 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, Petty Close, 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, Petty Close, Romsey, 0.3% 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, Petty Close, 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.