According to the public record, Fairview, The Drove, Romsey is a mid-century house with 1,786 ft2 of internal area and sits on a 793 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Lower Common Road, West Wellow, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
Fairview, The Drove, Romsey has no recent1 records in the Land Registry database and a single entry in the EPC database dated September 2021.
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 Fairview The Drove Romsey as £851,831 and the rental value as £2,049 per month giving an expected gross yield of 2.9%.
Over the last 12 months the sale value of Fairview The Drove Romsey has increased by £13,649 (1.6%) and its rental value has increased by £69 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 Fairview, The Drove, Romsey is in very good condition we estimate a sale value of £894,423 and rental value of £2,152 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £792,203 and a rental value of £1,906 per month.
If you were able to purchase this property for the estimated value of £851,831, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,186 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, Fairview, The Drove, Romsey sits on a plot of 793m2.
We have plot size data on 28 out of 41 other houses in the postcode and Fairview, The Drove, Romsey sits on the 4th largest plot.
According to HM Land Registry, Fairview, The Drove, Romsey was last sold on 08 Sep 2005 for £309,000 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 Fairview, The Drove, Romsey within a radius of 3.7 kilometres over the last 2 years.
The most recent example is 3, Warwick Place, Romsey, SO51 6RG, a Freehold house which sold for £606,500 in Dec 2020.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Common Road, West Wellow, Romsey, SO51 has a total of 48 addresses. According to our analysis of all the public data, Fairview, The Drove, Romsey is the 18th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £356k more expensive than the average property in SO51.
Fairview, The Drove, Romsey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Fairview, The Drove, Romsey is Romsey station which is 6.9 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 Fairview, The Drove, Romsey, 48.7% of property is privately owned outright and 35.5% 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 Fairview, The Drove, Romsey, 13.7% of residents are recorded as possessing school level qualifications and 49.5% 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 Fairview, The Drove, 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 Fairview, The Drove, 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 Fairview, The Drove, Romsey, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.