According to the public record, 50, Palmerston Street, Romsey is a period house with 592 ft2 of internal area and sits on a 91.5 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Palmerston Street, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
50, Palmerston Street, Romsey has no records in the Land Registry database and a single entry in the EPC database dated August 2020.
We combine this information with public data 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 50 Palmerston Street Romsey as £315,764 and the rental value as £1,305 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 50 Palmerston Street Romsey has increased by £8,641 (2.7%) and its rental value has increased by £60 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 50, Palmerston Street, Romsey is in very good condition we estimate a sale value of £331,553 and rental value of £1,370 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £293,661 and a rental value of £1,213 per month.
If you were able to purchase this property for the estimated value of £315,764, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,552 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, 50, Palmerston Street, Romsey sits on a plot of 91m2.
We have plot size data on 20 out of 35 other houses in the postcode and 50, Palmerston Street, Romsey sits on the 18th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Palmerston Street, Romsey within a radius of 610 metres over the last 2 years.
The most recent example is 2, Palmerston Street, Romsey, SO51 8GG, a Freehold house which sold for £278,000 in Nov 2023.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palmerston Street, Romsey, SO51 has a total of 45 addresses. According to our analysis of all the public data, 50, Palmerston Street, Romsey is the 41st largest and the 39th most expensive property on the street.
When compared to the postcode district it is £180k less expensive than the average property in SO51.
50, Palmerston Street, Romsey has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Aug 2020.
The property is connected to mains gas and has partial secondary glazing. It is heated using a boiler and radiators.
The closest station to 50, Palmerston Street, Romsey is Romsey station which is 600 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 50, Palmerston Street, Romsey, 37.8% of property is privately rented and 37.3% is privately owned outright.
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 50, Palmerston Street, Romsey, 8.2% of residents are recorded as possessing school level qualifications and 34.6% 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 50, Palmerston Street, 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 50, Palmerston Street, 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 50, Palmerston Street, Romsey, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.