According to the public record, 5, Magnolia Walk, Romsey is a modern freehold house with 1,829 ft2 of internal area and sits on a 338 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Magnolia Walk, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
5, Magnolia Walk, Romsey has 2 entries in the Land Registry database, most recently in December 2019 and a single entry in the EPC database dated October 2014.
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 5 Magnolia Walk Romsey as £772,738 and the rental value as £2,172 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of 5 Magnolia Walk Romsey has increased by £18,936 (2.5%) and its rental value has increased by £94 per month (4.3%).
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 5, Magnolia Walk, Romsey is in very good condition we estimate a sale value of £811,375 and rental value of £2,281 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £718,646 and a rental value of £2,020 per month.
If you were able to purchase this property for the estimated value of £772,738, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,798 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, 5, Magnolia Walk, Romsey sits on a plot of 338m2.
We have plot size data on 32 out of 32 other houses in the postcode and 5, Magnolia Walk, Romsey sits on the 11th largest plot.
According to HM Land Registry, 5, Magnolia Walk, Romsey was last sold on 16 Dec 2019 for £610,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2019, the market for similar properties has risen 20.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Magnolia Walk, Romsey within a radius of 990 metres over the last 2 years.
The most recent example is 21, Baroona Close, Romsey, SO51 7AE, a Freehold house which sold for £855,000 in Mar 2024.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Magnolia Walk, Romsey, SO51 has a total of 32 addresses. According to our analysis of all the public data, 5, Magnolia Walk, Romsey is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £277k more expensive than the average property in SO51.
5, Magnolia Walk, Romsey has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Oct 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 5, Magnolia Walk, Romsey is Romsey station which is 1.9 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 5, Magnolia Walk, Romsey, 57.1% of property is privately owned outright and 31.8% 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 5, Magnolia Walk, Romsey, 16.8% of residents are recorded as possessing school level qualifications and 47.0% 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 5, Magnolia Walk, Romsey, the average age was 43 and the most common age was 57.
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 5, Magnolia Walk, 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 5, Magnolia Walk, Romsey, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.