According to the public record, 41, Cavendish Close, Romsey is a mid-century freehold house with 796 ft2 of internal area and sits on a 154 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cavendish Close, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
41, Cavendish Close, Romsey has 41 entries in the Land Registry database, most recently in November 2023 and a single entry in the EPC database dated March 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 41 Cavendish Close Romsey as £307,058 and the rental value as £1,379 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 41 Cavendish Close Romsey has increased by £8,859 (2.9%) and its rental value has increased by £66 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 41, Cavendish Close, Romsey is in very good condition we estimate a sale value of £322,411 and rental value of £1,448 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £285,564 and a rental value of £1,283 per month.
If you were able to purchase this property for the estimated value of £307,058, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,509 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, 41, Cavendish Close, Romsey sits on a plot of 154m2.
We have plot size data on 33 out of 65 other houses in the postcode and 41, Cavendish Close, Romsey sits on the 20th largest plot.
According to HM Land Registry, 41, Cavendish Close, Romsey was last sold on 03 Nov 2023 for £315,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Nov 2023, the market for similar properties has risen 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Cavendish Close, Romsey within a radius of 610 metres over the last 2 years.
The most recent example is 16, Stapleford Close, Romsey, SO51 7HU, a Freehold house which sold for £310,000 in Nov 2023.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cavendish Close, Romsey, SO51 has a total of 65 addresses. According to our analysis of all the public data, 41, Cavendish Close, Romsey is the 55th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £189k less expensive than the average property in SO51.
41, Cavendish Close, Romsey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Mar 2023.
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 41, Cavendish Close, Romsey is Romsey station which is 1.4 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 41, Cavendish Close, Romsey, 50.0% of property is privately owned outright and 40.4% 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 41, Cavendish Close, Romsey, 17.9% of residents are recorded as possessing school level qualifications and 41.4% 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 41, Cavendish 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 41, Cavendish Close, Romsey, 0.3% 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 41, Cavendish Close, Romsey, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.