According to the public record, 39, Gurnays Mead, Romsey is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 703 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Gurnays Mead, West Wellow, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
39, Gurnays Mead, Romsey has a single entry in the Land Registry database from October 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 39 Gurnays Mead Romsey as £257,081 and the rental value as £1,172 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 39 Gurnays Mead Romsey has increased by £5,709 (2.2%) and its rental value has increased by £47 per month (4.0%).
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 39, Gurnays Mead, Romsey is in very good condition we estimate a sale value of £269,936 and rental value of £1,231 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £239,086 and a rental value of £1,090 per month.
If you were able to purchase this property for the estimated value of £257,081, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,263 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, 39, Gurnays Mead, Romsey was last sold on 04 Oct 2007 for £150,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2007, the market for similar properties has risen 62.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Gurnays Mead, Romsey within a radius of 3.6 kilometres over the last 2 years.
The most recent example is 74, Gurnays Mead, Romsey, SO51 6GB, a Freehold house which sold for £219,999 in Jul 2020.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gurnays Mead, West Wellow, Romsey, SO51 has a total of 98 addresses. According to our analysis of all the public data, 39, Gurnays Mead, Romsey is the 64th largest and the 60th most expensive property on the street.
When compared to the postcode district it is £239k less expensive than the average property in SO51.
The closest station to 39, Gurnays Mead, Romsey is Romsey station which is 7.1 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 39, Gurnays Mead, Romsey, 44.8% of property is socially rented and 24.8% 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 39, Gurnays Mead, Romsey, 15.7% of residents are recorded as possessing school level qualifications and 26.2% 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 39, Gurnays Mead, 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 39, Gurnays Mead, 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 39, Gurnays Mead, Romsey, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.