According to the public record, Flat, Nobels Stores, Romsey is a mid-century apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Lower Common Road, West Wellow, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
Flat, Nobels Stores, Romsey has no records in the Land Registry database and a single entry in the EPC database dated December 2022.
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 Nobels Stores Romsey as £198,742 and the rental value as £799 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Flat Nobels Stores Romsey has increased by £4,710 (2.4%) and its rental value has increased by £33 per month (4.2%).
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, Nobels Stores, Romsey is in very good condition we estimate a sale value of £208,679 and rental value of £839 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £184,830 and a rental value of £743 per month.
If you were able to purchase this property for the estimated value of £198,742, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £977 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 property sales within a 3.6 kilometres radius of Flat, Nobels Stores, Romsey over the last 2 years.
The most recent example is Twin Oaks, Lower Common Road, Romsey, SO51 6BT, a Freehold house which sold for £775,000 in Sep 2021.
Read more about house prices in SO51.
Lower Common Road, West Wellow, Romsey, SO51 has a total of 48 addresses. According to our analysis of all the public data, Flat, Nobels Stores, Romsey is the 45th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £297k less expensive than the average property in SO51.
Flat, Nobels Stores, Romsey has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Dec 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, wood logs.
The closest station to Flat, Nobels Stores, 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 Flat, Nobels Stores, 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 Flat, Nobels Stores, 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 Flat, Nobels Stores, 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 Flat, Nobels Stores, 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 Flat, Nobels Stores, 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.