According to the public record, 55, Horseshoe Drive, Romsey is a modern freehold house with 1,496 ft2 of internal area and sits on a 628 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Horseshoe Drive, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
55, Horseshoe Drive, Romsey has 2 entries in the Land Registry database, most recently in March 2023 and a single entry in the EPC database dated March 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 55 Horseshoe Drive Romsey as £717,383 and the rental value as £2,041 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of 55 Horseshoe Drive Romsey has increased by £13,606 (1.9%) and its rental value has increased by £77 per month (3.8%).
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 55, Horseshoe Drive, Romsey is in very good condition we estimate a sale value of £753,252 and rental value of £2,144 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £667,166 and a rental value of £1,899 per month.
If you were able to purchase this property for the estimated value of £717,383, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,526 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, 55, Horseshoe Drive, Romsey sits on a plot of 628m2.
We have plot size data on 34 out of 61 other houses in the postcode and 55, Horseshoe Drive, Romsey sits on the 11th largest plot.
According to HM Land Registry, 55, Horseshoe Drive, Romsey was last sold on 15 Mar 2023 for £775,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2023, the market for similar properties has risen 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Horseshoe Drive, Romsey within a radius of 600 metres over the last 2 years.
The most recent example is 37, Horseshoe Drive, Romsey, SO51 7TP, a Freehold house which sold for £775,000 in Jan 2023.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Horseshoe Drive, Romsey, SO51 has a total of 61 addresses. According to our analysis of all the public data, 55, Horseshoe Drive, Romsey is the 32nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £221k more expensive than the average property in SO51.
55, Horseshoe Drive, Romsey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Mar 2013.
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 55, Horseshoe Drive, Romsey is Romsey station which is 1.7 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 55, Horseshoe Drive, Romsey, 51.6% of property is privately owned outright and 36.5% 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 55, Horseshoe Drive, Romsey, 10.4% of residents are recorded as possessing school level qualifications and 45.6% 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 55, Horseshoe Drive, 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 55, Horseshoe Drive, Romsey, 3.6% 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 55, Horseshoe Drive, Romsey, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.