According to the public record, 7, Montfort College, Romsey is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Montfort College, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
7, Montfort College, Romsey has 41 entries in the Land Registry database, most recently in December 2023 and a single entry in the EPC database dated August 2017.
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 Montfort College Romsey as £194,131 and the rental value as £958 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 7 Montfort College Romsey has increased by £5,939 (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 7, Montfort College, Romsey is in very good condition we estimate a sale value of £203,838 and rental value of £1,006 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £180,542 and a rental value of £891 per month.
If you were able to purchase this property for the estimated value of £194,131, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £954 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 HM Land Registry, 7, Montfort College, Romsey was last sold on 15 Dec 2023 for £210,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Dec 2023, the market for similar properties has risen 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Montfort College, Romsey within a radius of 820 metres over the last 2 years.
The most recent example is 45, Montfort College, Romsey, SO51 5PL, a Leasehold flat which sold for £155,000 in Feb 2020.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Montfort College, Romsey, SO51 has a total of 49 addresses. According to our analysis of all the public data, 7, Montfort College, Romsey is the 36th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £302k less expensive than the average property in SO51.
7, Montfort College, Romsey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Aug 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 7, Montfort College, Romsey is Romsey station which is 1.6 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, Montfort College, Romsey, 47.7% of property is privately owned outright and 33.9% 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, Montfort College, Romsey, 9.1% of residents are recorded as possessing school level qualifications and 42.7% 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, Montfort College, 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 7, Montfort College, Romsey, 0.4% 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, Montfort College, Romsey, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.