According to the public record, Flat 1, Cherville Court, Romsey is a mid-century apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Cherville Court, Mill Lane, Romsey, SO51.
Mill Lane, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
Flat 1, Cherville Court, Romsey has no recent1 records in the Land Registry database and a single entry in the EPC database dated April 2015.
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 Flat 1 Cherville Court Romsey as £157,022 and the rental value as £782 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 1 Cherville Court Romsey has increased by £4,266 (2.7%) and its rental value has increased by £36 per month (4.6%).
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, Cherville Court, Romsey is in very good condition we estimate a sale value of £164,873 and rental value of £821 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £146,030 and a rental value of £727 per month.
If you were able to purchase this property for the estimated value of £157,022, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £772 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, Cherville Court, Romsey was last sold on 03 Apr 2002 for £65,500 and was recorded as a leasehold flat.
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 Flat 1, Cherville Court, Romsey within a radius of 600 metres over the last 2 years.
The most recent example is Flat 24, The Malthouse, Brewery Lane, Romsey, SO51 8JX, a Leasehold flat which sold for £175,000 in Sep 2023.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Lane, Romsey, SO51 has a total of 98 addresses. According to our analysis of all the public data, Flat 1, Cherville Court, Romsey is the 87th largest and the 87th most expensive property on the street.
When compared to the postcode district it is £339k less expensive than the average property in SO51.
Flat 1, Cherville Court, Romsey has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Apr 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 1, Cherville Court, 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, Cherville Court, Romsey, 38.6% of property is privately owned outright and 31.1% is socially 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, Cherville Court, Romsey, 13.8% of residents are recorded as possessing school level qualifications and 30.6% 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 Flat 1, Cherville Court, 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, Cherville Court, Romsey, 0.5% 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, Cherville Court, 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.