According to the public record, 5, Stanbridge Lakes, Romsey is a modern freehold house with 3,164 ft2 of internal area and sits on a 639 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Stanbridge Lakes, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
5, Stanbridge Lakes, Romsey has 2 entries in the Land Registry database, most recently in July 2020 and a single entry in the EPC database dated May 2013.
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 Stanbridge Lakes Romsey as £1,351,888 and the rental value as £2,958 per month giving an expected gross yield of 2.6%.
Over the last 12 months the sale value of 5 Stanbridge Lakes Romsey has increased by £22,777 (1.7%) and its rental value has increased by £104 per month (3.5%).
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, Stanbridge Lakes, Romsey is in very good condition we estimate a sale value of £1,419,483 and rental value of £3,106 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,257,256 and a rental value of £2,751 per month.
If you were able to purchase this property for the estimated value of £1,351,888, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,644 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, Stanbridge Lakes, Romsey sits on a plot of 639m2.
We have plot size data on 7 out of 7 other houses in the postcode and 5, Stanbridge Lakes, Romsey sits on the 3rd largest plot.
According to HM Land Registry, 5, Stanbridge Lakes, Romsey was last sold on 31 Jul 2020 for £1,040,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2020, the market for similar properties has risen 17.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Stanbridge Lakes, Romsey within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 7, Stanbridge Lakes, Romsey, SO51 0GY, a Freehold house which sold for £1,300,000 in Jan 2024.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stanbridge Lakes, Romsey, SO51 has a total of 7 addresses. According to our analysis of all the public data, 5, Stanbridge Lakes, Romsey is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £856k more expensive than the average property in SO51.
5, Stanbridge Lakes, Romsey has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 May 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, electric.
The closest station to 5, Stanbridge Lakes, Romsey is Romsey station which is 2.4 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, Stanbridge Lakes, Romsey, 50.7% of property is privately owned outright and 35.0% 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, Stanbridge Lakes, Romsey, 14.0% of residents are recorded as possessing school level qualifications and 40.7% 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, Stanbridge Lakes, 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, Stanbridge Lakes, Romsey, 3.3% 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, Stanbridge Lakes, 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.