According to the public record, 64, Mill Lane, Romsey is a modern freehold house with 6,361 ft2 of internal area and sits on a 17,571 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Mill Lane, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
64, Mill Lane, Romsey has 21 entries in the Land Registry database, most recently in July 2014 and a single entry in the EPC database dated December 2019.
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 64 Mill Lane Romsey as £1,640,378 and the rental value as £4,194 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of 64 Mill Lane Romsey has increased by £27,454 (1.7%) and its rental value has increased by £148 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 64, Mill Lane, Romsey is in very good condition we estimate a sale value of £1,722,396 and rental value of £4,404 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,525,551 and a rental value of £3,901 per month.
If you were able to purchase this property for the estimated value of £1,640,378, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £8,062 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, 64, Mill Lane, Romsey sits on a plot of 17571m2.
We have plot size data on 7 out of 24 other houses in the postcode and 64, Mill Lane, Romsey sits on the largest plot.
According to HM Land Registry, 64, Mill Lane, Romsey was last sold on 16 Jul 2014 for £1,675,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2014, the market for similar properties has risen 47.0%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 880 metres radius of 64, Mill Lane, Romsey over the last 2 years.
The most recent example is 5, Millstream Rise, Romsey, SO51 8HA, a Freehold house which sold for £1,190,000 in Apr 2022.
Read more about house prices in SO51.
Mill Lane, Romsey, SO51 has a total of 98 addresses. According to our analysis of all the public data, 64, Mill Lane, Romsey is the largest and the most expensive property on the street.
When compared to the postcode district it is £1.144m more expensive than the average property in SO51.
64, Mill Lane, Romsey has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Dec 2019.
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 64, Mill Lane, Romsey is Romsey station which is 800 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 64, Mill Lane, Romsey, 63.6% of property is privately owned outright and 14.3% 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 64, Mill Lane, Romsey, 6.0% of residents are recorded as possessing school level qualifications and 47.8% 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 64, Mill Lane, 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 64, Mill Lane, Romsey, 2.8% 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 64, Mill Lane, Romsey, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.