According to the public record, 4, Market Place, Romsey is a leasehold house.
By comparing it to neighbours, we estimate that it is a period house with 954 ft2 of internal area and sits on a 165 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Market Place, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
4, Market Place, Romsey has a single entry in the Land Registry database from April 2009 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 4 Market Place Romsey as £199,748 and the rental value as £874 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 4 Market Place Romsey has increased by £5,466 (2.7%) and its rental value has increased by £40 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 4, Market Place, Romsey is in very good condition we estimate a sale value of £209,735 and rental value of £918 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £185,766 and a rental value of £813 per month.
If you were able to purchase this property for the estimated value of £199,748, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £982 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, Market Place, Romsey sits on a plot of 165m2.
We have plot size data on 1 out of 3 other houses in the postcode and 4, Market Place, Romsey sits on the largest plot.
According to HM Land Registry, 4, Market Place, Romsey was last sold on 30 Apr 2009 for £215,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Apr 2009, the market for similar properties has risen 75.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 580 metres radius of 4, Market Place, Romsey over the last 2 years.
The most recent example is 2, Bell Court, Romsey, SO51 8JR, a Freehold house which sold for £380,000 in Apr 2022.
Read more about house prices in SO51.
Market Place, Romsey, SO51 has a total of 25 addresses. According to our analysis of all the public data, 4, Market Place, Romsey is the 9th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £296k less expensive than the average property in SO51.
The closest station to 4, Market Place, Romsey is Romsey station which is 600 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 4, Market Place, Romsey, 37.8% of property is privately rented and 37.3% is privately owned outright.
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, Market Place, Romsey, 8.2% of residents are recorded as possessing school level qualifications and 34.6% 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, Market Place, 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 4, Market Place, Romsey, 1.1% 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, Market Place, Romsey, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.