According to the public record, Flat 2, Home Farm, Romsey is a period apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in Home Farm, East Tytherley Road, Lockerley, Romsey, SO51.
East Tytherley Road, Lockerley, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
Flat 2, Home Farm, Romsey has no records in the Land Registry database and a single entry in the EPC database dated September 2019.
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 2 Home Farm Romsey as £405,231 and the rental value as £1,396 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of Flat 2 Home Farm Romsey has increased by £11,713 (2.9%) and its rental value has increased by £71 per month (5.1%).
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 2, Home Farm, Romsey is in very good condition we estimate a sale value of £425,493 and rental value of £1,465 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £376,865 and a rental value of £1,298 per month.
If you were able to purchase this property for the estimated value of £405,231, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,992 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 1 sale of a property similar to Flat 2, Home Farm, Romsey within a radius of 5.3 kilometres over the last 2 years.
The most recent example is Flat 1, Mill Farm House, East Tytherley Road, Romsey, SO51 0LW, a Leasehold flat which sold for £250,000 in Sep 2012.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
East Tytherley Road, Lockerley, Romsey, SO51 has a total of 30 addresses. According to our analysis of all the public data, Flat 2, Home Farm, Romsey is the 30th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £91k less expensive than the average property in SO51.
Flat 2, Home Farm, Romsey has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 27 Sep 2019.
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 Flat 2, Home Farm, Romsey is Mottisfont & Dunbridge station which is 2.7 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 Flat 2, Home Farm, Romsey, 34.2% of property is privately owned outright and 29.3% 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 2, Home Farm, Romsey, 19.8% of residents are recorded as possessing school level qualifications and 40.1% 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 2, Home Farm, Romsey, the average age was 46.5 and the most common age was 52.
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 2, Home Farm, 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 2, Home Farm, 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.