According to the public record, 7 Portersbridge Mews, Romsey is a modern leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Portersbridge Mews, Portersbridge Street, Romsey, SO51.
Portersbridge Street, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
7 Portersbridge Mews, Romsey has a single entry in the Land Registry database from May 2018 and a single entry in the EPC database dated June 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 Portersbridge Mews Romsey as £475,057 and the rental value as £1,731 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 7 Portersbridge Mews Romsey has increased by £12,906 (2.7%) and its rental value has increased by £80 per month (4.6%).
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 Portersbridge Mews, Romsey is in very good condition we estimate a sale value of £498,810 and rental value of £1,817 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £441,803 and a rental value of £1,610 per month.
If you were able to purchase this property for the estimated value of £475,057, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,335 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 Portersbridge Mews, Romsey was last sold on 11 May 2018 for £450,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2018, the market for similar properties has risen 15.1%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 520 metres radius of 7 Portersbridge Mews, Romsey over the last 2 years.
The most recent example is 20, Portersbridge Street, Romsey, SO51 8DJ, a Freehold house which sold for £350,000 in Jul 2018.
Read more about house prices in SO51.
Portersbridge Street, Romsey, SO51 has a total of 48 addresses. According to our analysis of all the public data, 7 Portersbridge Mews, Romsey is the 46th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £21k less expensive than the average property in SO51.
7 Portersbridge Mews, Romsey has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Jun 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and underfloor heating.
The closest station to 7 Portersbridge Mews, Romsey is Romsey station which is 400 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 Portersbridge Mews, Romsey, 52.4% of property is privately owned outright and 33.3% 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 7 Portersbridge Mews, Romsey, 4.4% of residents are recorded as possessing school level qualifications and 47.4% 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 Portersbridge Mews, 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 Portersbridge Mews, Romsey, 1.6% 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 Portersbridge Mews, Romsey, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.