According to the public record, 38, Knatchbull Close, Romsey is a modern apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Knatchbull Close, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
38, Knatchbull Close, Romsey has no recent1 records in the Land Registry database and a single entry in the EPC database dated April 2019.
We combine this information with public data 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 38 Knatchbull Close Romsey as £156,906 and the rental value as £793 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 38 Knatchbull Close Romsey has increased by £4,262 (2.7%) and its rental value has increased by £36 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 38, Knatchbull Close, Romsey is in very good condition we estimate a sale value of £164,752 and rental value of £833 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £145,923 and a rental value of £738 per month.
If you were able to purchase this property for the estimated value of £156,906, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £771 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, 38, Knatchbull Close, Romsey was last sold on 17 Nov 2000 for £72,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Knatchbull Close, Romsey within a radius of 570 metres over the last 2 years.
The most recent example is 7, Knatchbull Close, Romsey, SO51 8WJ, a Leasehold flat which sold for £175,000 in May 2023.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Knatchbull Close, Romsey, SO51 has a total of 79 addresses. According to our analysis of all the public data, 38, Knatchbull Close, Romsey is the 53rd largest and the 54th most expensive property on the street.
When compared to the postcode district it is £339k less expensive than the average property in SO51.
38, Knatchbull Close, Romsey has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Apr 2019.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to 38, Knatchbull Close, 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 38, Knatchbull Close, Romsey, 51.1% of property is privately owned outright and 33.3% 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 38, Knatchbull Close, Romsey, 6.2% of residents are recorded as possessing school level qualifications and 47.3% 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 38, Knatchbull 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 38, Knatchbull Close, Romsey, 0.9% 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 38, Knatchbull Close, 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.