According to the public record, 4, Pinewood Close, Romsey is a mid-century freehold house with 925 ft2 of internal area and sits on a 242 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Pinewood Close, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
4, Pinewood Close, Romsey has a single entry in the Land Registry database from March 2021 and a single entry in the EPC database dated October 2020.
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 Pinewood Close Romsey as £324,082 and the rental value as £1,425 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 4 Pinewood Close Romsey has increased by £9,350 (2.9%) and its rental value has increased by £68 per month (4.8%).
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, Pinewood Close, Romsey is in very good condition we estimate a sale value of £340,286 and rental value of £1,496 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £301,397 and a rental value of £1,325 per month.
If you were able to purchase this property for the estimated value of £324,082, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,593 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, Pinewood Close, Romsey sits on a plot of 242m2.
We have plot size data on 8 out of 14 other houses in the postcode and 4, Pinewood Close, Romsey sits on the 2nd largest plot.
According to HM Land Registry, 4, Pinewood Close, Romsey was last sold on 08 Mar 2021 for £241,525 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 13.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Pinewood Close, Romsey within a radius of 590 metres over the last 2 years.
The most recent example is 11, Beverley Gardens, Romsey, SO51 7TA, a Freehold house which sold for £300,000 in Sep 2023.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pinewood Close, Romsey, SO51 has a total of 14 addresses. According to our analysis of all the public data, 4, Pinewood Close, Romsey is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £172k less expensive than the average property in SO51.
4, Pinewood Close, Romsey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 4, Pinewood Close, Romsey is Romsey station which is 1.6 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, Pinewood Close, Romsey, 35.7% of property is privately owned with a mortgage and 29.6% 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, Pinewood Close, Romsey, 16.0% of residents are recorded as possessing school level qualifications and 24.3% 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, Pinewood Close, Romsey, the average age was 45.8 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, Pinewood Close, 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 4, Pinewood 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.