According to the public record, 5, Oxlease Close, Romsey is a modern freehold house with 1,399 ft2 of internal area and sits on a 396 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Oxlease Close, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
5, Oxlease Close, Romsey has 21 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated June 2021.
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 Oxlease Close Romsey as £717,399 and the rental value as £1,986 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of 5 Oxlease Close Romsey has increased by £15,592 (2.2%) and its rental value has increased by £80 per month (4.0%).
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, Oxlease Close, Romsey is in very good condition we estimate a sale value of £753,269 and rental value of £2,086 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £667,181 and a rental value of £1,847 per month.
If you were able to purchase this property for the estimated value of £717,399, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,526 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, Oxlease Close, Romsey sits on a plot of 396m2.
We have plot size data on 10 out of 20 other houses in the postcode and 5, Oxlease Close, Romsey sits on the 7th largest plot.
According to HM Land Registry, 5, Oxlease Close, Romsey was last sold on 21 Mar 2022 for £635,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2022, the market for similar properties has dropped 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Oxlease Close, Romsey within a radius of 760 metres over the last 2 years.
The most recent example is 16, Oxlease Close, Romsey, SO51 7HA, a Freehold house which sold for £850,000 in Nov 2023.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oxlease Close, Romsey, SO51 has a total of 20 addresses. According to our analysis of all the public data, 5, Oxlease Close, Romsey is the 19th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £221k more expensive than the average property in SO51.
5, Oxlease Close, Romsey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Jun 2021.
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 5, Oxlease Close, Romsey is Romsey station which is 800 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, Oxlease Close, Romsey, 69.5% of property is privately owned outright and 26.6% 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, Oxlease Close, Romsey, 15.9% of residents are recorded as possessing school level qualifications and 44.8% 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, Oxlease 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 5, Oxlease Close, Romsey, 1.1% 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, Oxlease 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.