According to the public record, 7, Foster Way, Romsey is a modern freehold house with 796 ft2 of internal area and sits on a 165 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Foster Way, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
7, Foster Way, Romsey has 2 entries in the Land Registry database, most recently in October 2014 and a single entry in the EPC database dated November 2012.
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 7 Foster Way Romsey as £400,673 and the rental value as £1,535 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 7 Foster Way Romsey has increased by £11,312 (2.8%) and its rental value has increased by £72 per month (4.7%).
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 7, Foster Way, Romsey is in very good condition we estimate a sale value of £420,707 and rental value of £1,612 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £372,626 and a rental value of £1,427 per month.
If you were able to purchase this property for the estimated value of £400,673, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,969 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, 7, Foster Way, Romsey sits on a plot of 165m2.
We have plot size data on 21 out of 22 other houses in the postcode and 7, Foster Way, Romsey sits on the 16th largest plot.
According to HM Land Registry, 7, Foster Way, Romsey was last sold on 17 Oct 2014 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2014, the market for similar properties has risen 46.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Foster Way, Romsey within a radius of 830 metres over the last 2 years.
The most recent example is 10, Wadham Close, Romsey, SO51 0AN, a Freehold house which sold for £400,000 in Jan 2024.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Foster Way, Romsey, SO51 has a total of 23 addresses. According to our analysis of all the public data, 7, Foster Way, Romsey is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £95k less expensive than the average property in SO51.
7, Foster Way, Romsey has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Nov 2012.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 7, Foster Way, Romsey is Romsey station which is 1.8 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 7, Foster Way, Romsey, 57.1% of property is privately owned outright and 31.8% 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 7, Foster Way, Romsey, 16.8% of residents are recorded as possessing school level qualifications and 47.0% 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 7, Foster Way, Romsey, the average age was 43 and the most common age was 57.
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 7, Foster Way, Romsey, 0.0% 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 7, Foster Way, Romsey, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.