According to the public record, Flat 1, 2A , Church Street, Romsey is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 436 ft2 of internal area and a garden.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 2A, Church Street, Romsey, SO51.
Church Street, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
Flat 1, 2A , Church Street, Romsey has 31 entries in the Land Registry database, most recently in February 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 1 2A Church Street Romsey as £223,975 and the rental value as £940 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 1 2A Church Street Romsey has increased by £6,946 (3.1%) and its rental value has increased by £47 per month (5.0%).
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 Flat 1, 2A , Church Street, Romsey is in very good condition we estimate a sale value of £235,174 and rental value of £987 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £208,297 and a rental value of £875 per month.
If you were able to purchase this property for the estimated value of £223,975, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,101 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 HM Land Registry, Flat 1, 2A , Church Street, Romsey was last sold on 24 Feb 2012 for £122,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2012, the market for similar properties has risen 42.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 2A , Church Street, Romsey within a radius of 530 metres over the last 2 years.
The most recent example is Flat B, 28, Church Street, Romsey, SO51 8BU, a Leasehold flat which sold for £282,000 in Mar 2022.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Church Street, Romsey, SO51 has a total of 49 addresses. According to our analysis of all the public data, Flat 1, 2A , Church Street, Romsey is the 46th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £272k less expensive than the average property in SO51.
The closest station to Flat 1, 2A , Church Street, Romsey is Romsey station which is 600 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 Flat 1, 2A , Church Street, Romsey, 52.4% of property is privately owned outright and 33.3% is privately rented.
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 Flat 1, 2A , Church Street, Romsey, 4.4% of residents are recorded as possessing school level qualifications and 47.4% 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 Flat 1, 2A , Church Street, 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 Flat 1, 2A , Church Street, Romsey, 1.6% 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 Flat 1, 2A , Church Street, Romsey, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.