According to the public record, Foresters Lodge, Romsey is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,423 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Romsey Road, Ower, Romsey, SO51 is located in the borough of New Forest within the SO51 postal district.
Foresters Lodge, Romsey has a single entry in the Land Registry database from January 2020 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 Foresters Lodge Romsey as £642,945 and the rental value as £1,974 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of Foresters Lodge Romsey has increased by £11,769 (1.8%) and its rental value has increased by £65 per month (3.3%).
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 Foresters Lodge, Romsey is in very good condition we estimate a sale value of £675,092 and rental value of £2,073 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £597,938 and a rental value of £1,836 per month.
If you were able to purchase this property for the estimated value of £642,945, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,160 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, Foresters Lodge, Romsey was last sold on 10 Jan 2020 for £530,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2020, the market for similar properties has risen 20.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Foresters Lodge, Romsey within a radius of 2.8 kilometres over the last 2 years.
The most recent example is Oaklands, Salisbury Road, Romsey, SO51 6AG, a Freehold house which sold for £575,000 in Apr 2023.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Romsey Road, Ower, Romsey, SO51 has a total of 60 addresses. According to our analysis of all the public data, Foresters Lodge, Romsey is the 21st largest and the 26th most expensive property on the street.
When compared to the postcode district it is £147k more expensive than the average property in SO51.
The closest station to Foresters Lodge, Romsey is Totton station which is 5.1 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 Foresters Lodge, Romsey, 48.7% of property is privately owned outright and 26.9% 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 Foresters Lodge, Romsey, 13.9% of residents are recorded as possessing school level qualifications and 27.2% 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 Foresters Lodge, Romsey, the average age was 50.1 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 Foresters Lodge, Romsey, 2.1% 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 Foresters Lodge, 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.