According to the public record, 3 Shelley Nursery Bungalows, Romsey is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 541 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Romsey Road, Ower, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
3 Shelley Nursery Bungalows, Romsey has a single entry in the Land Registry database from April 2022 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 Shelley Nursery Bungalows Romsey as £354,402 and the rental value as £1,232 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 3 Shelley Nursery Bungalows Romsey has increased by £10,181 (2.9%) and its rental value has increased by £58 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 Shelley Nursery Bungalows, Romsey is in very good condition we estimate a sale value of £372,122 and rental value of £1,294 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £329,594 and a rental value of £1,146 per month.
If you were able to purchase this property for the estimated value of £354,402, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,742 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 Shelley Nursery Bungalows, Romsey was last sold on 14 Apr 2022 for £293,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2022, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 3.4 kilometres radius of 3 Shelley Nursery Bungalows, Romsey over the last 2 years.
The most recent example is Embley Lodge, Romsey Road, Romsey, SO51 6AE, a Freehold house which sold for £255,000 in Sep 2023.
Read more about house prices in SO51.
Romsey Road, Ower, Romsey, SO51 has a total of 60 addresses. According to our analysis of all the public data, 3 Shelley Nursery Bungalows, Romsey is the 59th largest and the 59th most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in SO51.
The closest station to 3 Shelley Nursery Bungalows, Romsey is Romsey station which is 4.7 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 Shelley Nursery Bungalows, Romsey, 50.7% of property is privately owned outright and 35.0% 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 Shelley Nursery Bungalows, Romsey, 14.0% of residents are recorded as possessing school level qualifications and 40.7% 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 Shelley Nursery Bungalows, 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 Shelley Nursery Bungalows, Romsey, 3.3% 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 Shelley Nursery Bungalows, Romsey, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.