According to the public record, 8, Waterside Road, Romsey is a mid-century freehold house with 979 ft2 of internal area and sits on a 561 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Waterside Road, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
8, Waterside Road, Romsey has 21 entries in the Land Registry database, most recently in July 2016 and a single entry in the EPC database dated May 2016.
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 8 Waterside Road Romsey as £551,334 and the rental value as £1,708 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 8 Waterside Road Romsey has increased by £14,316 (2.6%) and its rental value has increased by £76 per month (4.5%).
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 8, Waterside Road, Romsey is in very good condition we estimate a sale value of £578,900 and rental value of £1,794 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £512,740 and a rental value of £1,589 per month.
If you were able to purchase this property for the estimated value of £551,334, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,710 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, 8, Waterside Road, Romsey sits on a plot of 561m2.
We have plot size data on 6 out of 10 other houses in the postcode and 8, Waterside Road, Romsey sits on the largest plot.
According to HM Land Registry, 8, Waterside Road, Romsey was last sold on 19 Jul 2016 for £375,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2016, the market for similar properties has risen 27.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Waterside Road, Romsey within a radius of 760 metres over the last 2 years.
The most recent example is 19, Durban Close, Romsey, SO51 7LJ, a Freehold house which sold for £595,000 in Nov 2022.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Waterside Road, Romsey, SO51 has a total of 10 addresses. According to our analysis of all the public data, 8, Waterside Road, Romsey is the largest and the most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in SO51.
8, Waterside Road, Romsey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 May 2016.
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 8, Waterside Road, Romsey is Romsey station which is 700 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 8, Waterside Road, Romsey, 69.5% of property is privately owned outright and 26.6% 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 8, Waterside Road, Romsey, 15.9% of residents are recorded as possessing school level qualifications and 44.8% 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 8, Waterside Road, 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 8, Waterside Road, Romsey, 1.1% 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 8, Waterside Road, 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.