According to the public record, 73, Woodley Lane, Romsey is a mid-century freehold house with 897 ft2 of internal area and sits on a 730 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Woodley Lane, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
73, Woodley Lane, Romsey has 2 entries in the Land Registry database, most recently in July 2017 and a single entry in the EPC database dated February 2009.
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 73 Woodley Lane Romsey as £458,250 and the rental value as £1,660 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 73 Woodley Lane Romsey has increased by £13,221 (2.9%) and its rental value has increased by £79 per month (4.8%).
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 73, Woodley Lane, Romsey is in very good condition we estimate a sale value of £481,163 and rental value of £1,743 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £426,173 and a rental value of £1,544 per month.
If you were able to purchase this property for the estimated value of £458,250, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,252 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, 73, Woodley Lane, Romsey sits on a plot of 730m2.
We have plot size data on 10 out of 19 other houses in the postcode and 73, Woodley Lane, Romsey sits on the 5th largest plot.
According to HM Land Registry, 73, Woodley Lane, Romsey was last sold on 21 Jul 2017 for £500,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2017, the market for similar properties has risen 23.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 73, Woodley Lane, Romsey within a radius of 630 metres over the last 2 years.
The most recent example is 80, Cupernham Lane, Romsey, SO51 7LF, a Freehold house which sold for £365,000 in Sep 2023.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Woodley Lane, Romsey, SO51 has a total of 96 addresses. According to our analysis of all the public data, 73, Woodley Lane, Romsey is the 72nd largest and the 76th most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in SO51.
73, Woodley Lane, Romsey has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 21 Feb 2009.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 73, Woodley Lane, Romsey is Romsey station which is 1.2 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 73, Woodley Lane, Romsey, 50.0% of property is privately owned outright and 40.4% 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 73, Woodley Lane, Romsey, 17.9% of residents are recorded as possessing school level qualifications and 41.4% 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 73, Woodley Lane, 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 73, Woodley Lane, 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 73, Woodley Lane, Romsey, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.