According to the public record, 7, Petty Close, Romsey is a mid-century freehold house with 635 ft2 of internal area and sits on a 250 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Petty Close, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
7, Petty Close, Romsey has 41 entries in the Land Registry database, most recently in March 2023 and a single entry in the EPC database dated November 2014.
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 Petty Close Romsey as £370,080 and the rental value as £1,388 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 7 Petty Close Romsey has increased by £10,472 (2.8%) and its rental value has increased by £65 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, Petty Close, Romsey is in very good condition we estimate a sale value of £388,584 and rental value of £1,457 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £344,175 and a rental value of £1,291 per month.
If you were able to purchase this property for the estimated value of £370,080, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,819 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, Petty Close, Romsey sits on a plot of 250m2.
We have plot size data on 9 out of 28 other houses in the postcode and 7, Petty Close, Romsey sits on the 2nd largest plot.
According to HM Land Registry, 7, Petty Close, Romsey was last sold on 13 Mar 2023 for £402,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Mar 2023, the market for similar properties has risen 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Petty Close, Romsey within a radius of 770 metres over the last 2 years.
The most recent example is 58, Tadfield Road, Romsey, SO51 5AJ, a Freehold house which sold for £350,000 in Mar 2024.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Petty Close, Romsey, SO51 has a total of 28 addresses. According to our analysis of all the public data, 7, Petty Close, Romsey is the 28th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in SO51.
7, Petty Close, Romsey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Nov 2014.
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 7, Petty Close, 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 7, Petty Close, Romsey, 72.6% of property is privately owned outright and 21.0% 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, Petty Close, Romsey, 15.2% of residents are recorded as possessing school level qualifications and 39.5% 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, Petty Close, 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 7, Petty Close, Romsey, 0.3% 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, Petty Close, Romsey, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.