According to the public record, 5 Lakeside, Paultons Park, Romsey is a period leasehold house with 1,216 ft2 of internal area and sits on a 646 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Paultons Park, Ower, Romsey, SO51 is located in the borough of New Forest within the SO51 postal district.
5 Lakeside, Paultons Park, Romsey has 2 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated August 2020.
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 Lakeside Paultons Park Romsey as £576,318 and the rental value as £1,836 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 5 Lakeside Paultons Park Romsey has increased by £8,996 (1.6%) and its rental value has increased by £57 per month (3.1%).
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 Lakeside, Paultons Park, Romsey is in very good condition we estimate a sale value of £605,134 and rental value of £1,928 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £535,976 and a rental value of £1,707 per month.
If you were able to purchase this property for the estimated value of £576,318, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,832 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 Lakeside, Paultons Park, Romsey sits on a plot of 646m2.
We have plot size data on 5 out of 9 other houses in the postcode and 5 Lakeside, Paultons Park, Romsey sits on the 5th largest plot.
According to HM Land Registry, 5 Lakeside, Paultons Park, Romsey was last sold on 30 Jun 2021 for £582,500 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Jun 2021, the market for similar properties has risen 8.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5 Lakeside, Paultons Park, Romsey within a radius of 3.1 kilometres over the last 2 years.
The most recent example is Oaklands, Salisbury Road, Romsey, SO51 6AG, a Freehold house which sold for £575,000 in Apr 2023.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Paultons Park, Ower, Romsey, SO51 has a total of 10 addresses. According to our analysis of all the public data, 5 Lakeside, Paultons Park, Romsey is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £80k more expensive than the average property in SO51.
5 Lakeside, Paultons Park, Romsey has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Aug 2020.
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 Lakeside, Paultons Park, Romsey is Totton station which is 5.7 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 Lakeside, Paultons Park, Romsey, 49.4% of property is privately owned outright and 27.1% 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 Lakeside, Paultons Park, Romsey, 15.5% of residents are recorded as possessing school level qualifications and 30.6% 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 Lakeside, Paultons Park, Romsey, the average age was 50.8 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 Lakeside, Paultons Park, 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 Lakeside, Paultons Park, Romsey, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.