According to the public record, 5, Millstream Rise, Romsey is a mid-century freehold house with 1,872 ft2 of internal area and sits on a 761 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Millstream Rise, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
5, Millstream Rise, Romsey has 2 entries in the Land Registry database, most recently in April 2022 and a single entry in the EPC database dated March 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 Millstream Rise Romsey as £1,165,117 and the rental value as £2,712 per month giving an expected gross yield of 2.8%.
Over the last 12 months the sale value of 5 Millstream Rise Romsey has increased by £22,255 (1.9%) and its rental value has increased by £102 per month (3.8%).
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 5, Millstream Rise, Romsey is in very good condition we estimate a sale value of £1,223,373 and rental value of £2,847 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,083,559 and a rental value of £2,522 per month.
If you were able to purchase this property for the estimated value of £1,165,117, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,726 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, Millstream Rise, Romsey sits on a plot of 761m2.
We have plot size data on 4 out of 10 other houses in the postcode and 5, Millstream Rise, Romsey sits on the 2nd largest plot.
According to HM Land Registry, 5, Millstream Rise, Romsey was last sold on 01 Apr 2022 for £1,190,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2022, the market for similar properties has dropped 2.2%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 5, Millstream Rise, Romsey within a radius of 820 metres over the last 2 years.
The most recent example is 3, Millstream Rise, Romsey, SO51 8HA, a Freehold house which sold for £800,000 in Jan 2014.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millstream Rise, Romsey, SO51 has a total of 10 addresses. According to our analysis of all the public data, 5, Millstream Rise, Romsey is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £669k more expensive than the average property in SO51.
5, Millstream Rise, Romsey has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Mar 2014.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 5, Millstream Rise, Romsey is Romsey station which is 900 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 5, Millstream Rise, Romsey, 63.6% of property is privately owned outright and 14.3% is privately 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 5, Millstream Rise, Romsey, 6.0% of residents are recorded as possessing school level qualifications and 47.8% 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, Millstream Rise, 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 5, Millstream Rise, Romsey, 2.8% 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, Millstream Rise, 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.