According to the public record, 9, Grays Close, Romsey is a mid-century freehold house with 1,044 ft2 of internal area and sits on a 339 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Grays Close, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
9, Grays Close, Romsey has a single entry in the Land Registry database from January 2019 and a single entry in the EPC database dated December 2018.
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 9 Grays Close Romsey as £472,969 and the rental value as £1,741 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 9 Grays Close Romsey has increased by £13,383 (2.8%) and its rental value has increased by £82 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 9, Grays Close, Romsey is in very good condition we estimate a sale value of £496,617 and rental value of £1,828 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £439,861 and a rental value of £1,620 per month.
If you were able to purchase this property for the estimated value of £472,969, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,324 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, 9, Grays Close, Romsey sits on a plot of 339m2.
We have plot size data on 8 out of 11 other houses in the postcode and 9, Grays Close, Romsey sits on the 3rd largest plot.
According to HM Land Registry, 9, Grays Close, Romsey was last sold on 31 Jan 2019 for £420,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2019, the market for similar properties has risen 25.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Grays Close, Romsey within a radius of 740 metres over the last 2 years.
The most recent example is 90, Tadburn Road, Romsey, SO51 5HS, a Freehold house which sold for £425,000 in Jan 2022.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grays Close, Romsey, SO51 has a total of 11 addresses. According to our analysis of all the public data, 9, Grays Close, Romsey is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £23k less expensive than the average property in SO51.
9, Grays Close, Romsey has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Dec 2018.
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 9, Grays Close, Romsey is Romsey station which is 900 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 9, Grays Close, Romsey, 65.8% of property is privately owned outright and 23.3% 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 9, Grays Close, Romsey, 7.1% of residents are recorded as possessing school level qualifications and 37.7% 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 9, Grays 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 9, Grays Close, Romsey, 0.9% 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 9, Grays Close, 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.