According to the public record, 5 Palmerston Terrace, The Hundred, Romsey is a modern freehold house with 679 ft2 of internal area and sits on a 56.4 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
The Hundred, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
5 Palmerston Terrace, The Hundred, Romsey has a single entry in the Land Registry database from March 2015 and a single entry in the EPC database dated April 2010.
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 Palmerston Terrace The Hundred Romsey as £380,488 and the rental value as £1,414 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 5 Palmerston Terrace The Hundred Romsey has increased by £10,412 (2.7%) and its rental value has increased by £65 per month (4.6%).
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 Palmerston Terrace, The Hundred, Romsey is in very good condition we estimate a sale value of £399,513 and rental value of £1,485 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £353,854 and a rental value of £1,315 per month.
If you were able to purchase this property for the estimated value of £380,488, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,870 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 Palmerston Terrace, The Hundred, Romsey sits on a plot of 56m2.
We have plot size data on 27 out of 33 other houses in the postcode and 5 Palmerston Terrace, The Hundred, Romsey sits on the 22nd largest plot.
According to HM Land Registry, 5 Palmerston Terrace, The Hundred, Romsey was last sold on 06 Mar 2015 for £223,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2015, the market for similar properties has risen 36.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5 Palmerston Terrace, The Hundred, Romsey within a radius of 550 metres over the last 2 years.
The most recent example is 1 Palmerston Terrace, The Hundred, Romsey, SO51 8BZ, a Freehold house which sold for £235,000 in Feb 2022.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Hundred, Romsey, SO51 has a total of 104 addresses. According to our analysis of all the public data, 5 Palmerston Terrace, The Hundred, Romsey is the 72nd largest and the 48th most expensive property on the street.
When compared to the postcode district it is £116k less expensive than the average property in SO51.
5 Palmerston Terrace, The Hundred, Romsey has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Apr 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 5 Palmerston Terrace, The Hundred, Romsey is Romsey station which is 500 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 Palmerston Terrace, The Hundred, Romsey, 30.9% of property is privately owned outright and 25.0% is socially 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 Palmerston Terrace, The Hundred, Romsey, 9.4% of residents are recorded as possessing school level qualifications and 36.1% 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 Palmerston Terrace, The Hundred, 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 Palmerston Terrace, The Hundred, Romsey, 1.8% 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 Palmerston Terrace, The Hundred, Romsey, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.