According to the public record, 5, Pine Road, Romsey is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 732 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Pine Road, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
5, Pine Road, Romsey has 21 entries in the Land Registry database, most recently in March 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Pine Road Romsey as £341,892 and the rental value as £1,441 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 5 Pine Road Romsey has increased by £9,667 (2.8%) and its rental value has increased by £68 per month (4.7%).
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, Pine Road, Romsey is in very good condition we estimate a sale value of £358,987 and rental value of £1,513 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £317,959 and a rental value of £1,340 per month.
If you were able to purchase this property for the estimated value of £341,892, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,680 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 HM Land Registry, 5, Pine Road, Romsey was last sold on 06 Mar 2009 for £180,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2009, the market for similar properties has risen 76.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Pine Road, Romsey within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 5, Rowan Close, Romsey, SO51 5SH, a Freehold house which sold for £350,000 in Jan 2024.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pine Road, Romsey, SO51 has a total of 36 addresses. According to our analysis of all the public data, 5, Pine Road, Romsey is the 35th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £154k less expensive than the average property in SO51.
The closest station to 5, Pine Road, 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, Pine Road, Romsey, 57.5% of property is privately owned outright and 32.3% 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, Pine Road, Romsey, 18.7% of residents are recorded as possessing school level qualifications and 41.9% 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, Pine Road, 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, Pine Road, Romsey, 1.0% 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, Pine Road, Romsey, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.