According to the public record, 40, Chambers Avenue, Romsey is a modern house with 1,140 ft2 of internal area and sits on a 9,084 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chambers Avenue, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
40, Chambers Avenue, Romsey has no records in the Land Registry database and a single entry in the EPC database dated October 2022.
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 40 Chambers Avenue Romsey as £369,777 and the rental value as £1,568 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 40 Chambers Avenue Romsey has increased by £10,463 (2.8%) and its rental value has increased by £74 per month (4.7%).
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 40, Chambers Avenue, Romsey is in very good condition we estimate a sale value of £388,266 and rental value of £1,646 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £343,892 and a rental value of £1,458 per month.
If you were able to purchase this property for the estimated value of £369,777, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,817 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, 40, Chambers Avenue, Romsey sits on a plot of 9084m2.
We have plot size data on 10 out of 35 other houses in the postcode and 40, Chambers Avenue, Romsey sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Chambers Avenue, Romsey within a radius of 620 metres over the last 2 years.
The most recent example is 49, Ashdown Way, Romsey, SO51 5QR, a Freehold house which sold for £370,000 in Sep 2021.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chambers Avenue, Romsey, SO51 has a total of 95 addresses. According to our analysis of all the public data, 40, Chambers Avenue, Romsey is the 23rd largest and the 8th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in SO51.
40, Chambers Avenue, Romsey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Oct 2022.
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 40, Chambers Avenue, Romsey is Romsey station which is 1.1 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 40, Chambers Avenue, Romsey, 61.2% of property is socially rented and 16.4% 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 40, Chambers Avenue, Romsey, 21.1% of residents are recorded as possessing school level qualifications and 17.5% 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 40, Chambers Avenue, 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 40, Chambers Avenue, 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 40, Chambers Avenue, Romsey, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.