According to the public record, 48, Alma Road, Romsey is a period freehold house with 882 ft2 of internal area and sits on a 189 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Alma Road, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
48, Alma Road, Romsey has 21 entries in the Land Registry database, most recently in June 2023 and a single entry in the EPC database dated April 2022.
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 48 Alma Road Romsey as £355,748 and the rental value as £1,501 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 48 Alma Road Romsey has increased by £9,735 (2.7%) and its rental value has increased by £69 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 48, Alma Road, Romsey is in very good condition we estimate a sale value of £373,536 and rental value of £1,577 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £330,846 and a rental value of £1,396 per month.
If you were able to purchase this property for the estimated value of £355,748, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,748 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, 48, Alma Road, Romsey sits on a plot of 189m2.
We have plot size data on 17 out of 24 other houses in the postcode and 48, Alma Road, Romsey sits on the 12th largest plot.
According to HM Land Registry, 48, Alma Road, Romsey was last sold on 30 Jun 2023 for £295,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2023, the market for similar properties has risen 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Alma Road, Romsey within a radius of 510 metres over the last 2 years.
The most recent example is 50, Alma Road, Romsey, SO51 8ED, a Freehold house which sold for £315,000 in May 2023.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alma Road, Romsey, SO51 has a total of 85 addresses. According to our analysis of all the public data, 48, Alma Road, Romsey is the 27th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in SO51.
48, Alma Road, Romsey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Apr 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 48, Alma Road, Romsey is Romsey station which is 200 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 48, Alma Road, Romsey, 44.0% of property is privately owned outright and 28.7% is socially rented.
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 48, Alma Road, Romsey, 6.3% of residents are recorded as possessing school level qualifications and 33.5% 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 48, Alma Road, 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 48, Alma Road, Romsey, 0.7% 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 48, Alma Road, Romsey, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.