According to the public record, Balnain, Romsey is a modern freehold house with 1,474 ft2 of internal area and sits on a 312 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Romsey Road, West Wellow, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
Balnain, Romsey has a single entry in the Land Registry database from December 2006 and a single entry in the EPC database dated April 2024.
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 Balnain Romsey as £714,266 and the rental value as £1,967 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of Balnain Romsey has increased by £11,445 (1.6%) and its rental value has increased by £67 per month (3.4%).
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 Balnain, Romsey is in very good condition we estimate a sale value of £749,980 and rental value of £2,066 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £664,268 and a rental value of £1,830 per month.
If you were able to purchase this property for the estimated value of £714,266, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,510 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, Balnain, Romsey sits on a plot of 312m2.
We have plot size data on 7 out of 13 other houses in the postcode and Balnain, Romsey sits on the 7th largest plot.
According to HM Land Registry, Balnain, Romsey was last sold on 07 Dec 2006 for £351,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Balnain, Romsey within a radius of 3.6 kilometres over the last 2 years.
The most recent example is Silver Birches, Maurys Lane, Romsey, SO51 6DA, a Freehold house which sold for £585,000 in Jun 2024.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Romsey Road, West Wellow, Romsey, SO51 has a total of 24 addresses. According to our analysis of all the public data, Balnain, Romsey is the 16th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £218k more expensive than the average property in SO51.
Balnain, Romsey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Apr 2024.
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 Balnain, Romsey is Romsey station which is 6.6 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 Balnain, Romsey, 53.6% of property is privately owned outright and 33.3% 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 Balnain, Romsey, 17.8% of residents are recorded as possessing school level qualifications and 44.6% 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 Balnain, Romsey, the average age was 43 and the most common age was 57.
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 Balnain, Romsey, 1.8% 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 Balnain, Romsey, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.