According to the public record, 4 Stoney Marsh Cottages, Romsey is a period freehold house with 688 ft2 of internal area and sits on a 136 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mesh Road, Michelmersh, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
4 Stoney Marsh Cottages, Romsey has 2 entries in the Land Registry database, most recently in March 2024 and a single entry in the EPC database dated July 2023.
We combine this information with that 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 4 Stoney Marsh Cottages Romsey as £372,179 and the rental value as £1,398 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 4 Stoney Marsh Cottages Romsey has increased by £9,261 (2.5%) and its rental value has increased by £63 per month (4.5%).
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 4 Stoney Marsh Cottages, Romsey is in very good condition we estimate a sale value of £390,788 and rental value of £1,468 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £346,127 and a rental value of £1,300 per month.
If you were able to purchase this property for the estimated value of £372,179, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,829 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 data from HM Land Registry, 4 Stoney Marsh Cottages, Romsey sits on a plot of 136m2.
We have plot size data on 5 out of 7 other houses in the postcode and 4 Stoney Marsh Cottages, Romsey sits on the 4th largest plot.
According to HM Land Registry, 4 Stoney Marsh Cottages, Romsey was last sold on 11 Mar 2024 for £370,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2024, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4 Stoney Marsh Cottages, Romsey within a radius of 4.5 kilometres over the last 2 years.
The most recent example is 41, Cowleas Cottages, Romsey, SO51 0HJ, a Freehold house which sold for £325,000 in Aug 2022.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mesh Road, Michelmersh, Romsey, SO51 has a total of 7 addresses. According to our analysis of all the public data, 4 Stoney Marsh Cottages, Romsey is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £124k less expensive than the average property in SO51.
4 Stoney Marsh Cottages, Romsey has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 Jul 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 4 Stoney Marsh Cottages, Romsey is Mottisfont & Dunbridge station which is 1.7 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 4 Stoney Marsh Cottages, Romsey, 47.3% of property is privately owned outright and 38.2% 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 4 Stoney Marsh Cottages, Romsey, 14.5% of residents are recorded as possessing school level qualifications and 46.3% 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 4 Stoney Marsh Cottages, Romsey, the average age was 46.5 and the most common age was 52.
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 4 Stoney Marsh Cottages, Romsey, 0.5% 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 4 Stoney Marsh Cottages, Romsey, there are an average of 2.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.