According to the public record, Elm Cottage, Romsey is a period house with 1,797 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Tutts Lane, West Wellow, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
Elm Cottage, Romsey has no records in the Land Registry database and a single entry in the EPC database dated September 2020.
We combine this information with public data 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 Elm Cottage Romsey as £766,250 and the rental value as £2,085 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of Elm Cottage Romsey has increased by £12,374 (1.6%) and its rental value has increased by £71 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 Elm Cottage, Romsey is in very good condition we estimate a sale value of £804,562 and rental value of £2,189 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £712,612 and a rental value of £1,939 per month.
If you were able to purchase this property for the estimated value of £766,250, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,766 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Elm Cottage, Romsey within a radius of 3.5 kilometres over the last 2 years.
The most recent example is Kentmere Cottage, Romsey Road, Romsey, SO51 6ED, a Freehold house which sold for £795,000 in Sep 2023.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tutts Lane, West Wellow, Romsey, SO51 has a total of 17 addresses. According to our analysis of all the public data, Elm Cottage, Romsey is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £270k more expensive than the average property in SO51.
Elm Cottage, Romsey has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Sep 2020.
The property is not connected to mains gas and has single glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to Elm Cottage, Romsey is Mottisfont & Dunbridge 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 Elm Cottage, Romsey, 45.6% of property is privately owned outright and 33.1% 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 Elm Cottage, Romsey, 17.9% of residents are recorded as possessing school level qualifications and 41.3% 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 Elm Cottage, 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 Elm Cottage, Romsey, 0.6% 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 Elm Cottage, Romsey, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.