According to the public record, 61, Priestlands, Romsey is a mid-century apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Priestlands, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
61, Priestlands, Romsey has no records in the Land Registry database and a single entry in the EPC database dated July 2022.
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 61 Priestlands Romsey as £201,781 and the rental value as £968 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 61 Priestlands Romsey has increased by £6,193 (3.1%) and its rental value has increased by £48 per month (5.0%).
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 61, Priestlands, Romsey is in very good condition we estimate a sale value of £211,870 and rental value of £1,016 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £187,657 and a rental value of £900 per month.
If you were able to purchase this property for the estimated value of £201,781, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £992 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61, Priestlands, Romsey within a radius of 820 metres over the last 2 years.
The most recent example is Flat 14, The Malthouse, Brewery Lane, Romsey, SO51 8JX, a Leasehold flat which sold for £172,000 in May 2024.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Priestlands, Romsey, SO51 has a total of 69 addresses. According to our analysis of all the public data, 61, Priestlands, Romsey is the 65th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £294k less expensive than the average property in SO51.
61, Priestlands, Romsey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jul 2022.
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 61, Priestlands, 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 61, Priestlands, Romsey, 44.9% of property is privately owned outright and 27.5% 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 61, Priestlands, Romsey, 14.5% of residents are recorded as possessing school level qualifications and 33.9% 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 61, Priestlands, 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 61, Priestlands, Romsey, 0.7% 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 61, Priestlands, Romsey, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.