According to the public record, 31, Cherville Street, Romsey is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 786 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Cherville Street, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
31, Cherville Street, Romsey has 21 entries in the Land Registry database, most recently in January 2007 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 31 Cherville Street Romsey as £392,795 and the rental value as £1,500 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 31 Cherville Street Romsey has increased by £10,519 (2.7%) and its rental value has increased by £68 per month (4.6%).
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 31, Cherville Street, Romsey is in very good condition we estimate a sale value of £412,435 and rental value of £1,575 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £365,300 and a rental value of £1,395 per month.
If you were able to purchase this property for the estimated value of £392,795, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,930 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, 31, Cherville Street, Romsey was last sold on 31 Jan 2007 for £219,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2007, the market for similar properties has risen 67.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Cherville Street, Romsey within a radius of 610 metres over the last 2 years.
The most recent example is 29, Cherville Street, Romsey, SO51 8FB, a Freehold house which sold for £417,300 in Apr 2024.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherville Street, Romsey, SO51 has a total of 53 addresses. According to our analysis of all the public data, 31, Cherville Street, Romsey is the 38th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £103k less expensive than the average property in SO51.
The closest station to 31, Cherville Street, Romsey is Romsey station which is 500 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 31, Cherville Street, Romsey, 37.2% of property is privately owned outright and 24.1% 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 31, Cherville Street, Romsey, 12.3% of residents are recorded as possessing school level qualifications and 42.4% 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 31, Cherville Street, 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 31, Cherville Street, 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 31, Cherville Street, Romsey, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.