According to the public record, Homefield, Romsey is a modern house with 1,453 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
East Wellow, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
Homefield, Romsey has no records in the Land Registry database and a single entry in the EPC database dated February 2014.
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 Homefield Romsey as £932,506 and the rental value as £2,351 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of Homefield Romsey has increased by £15,059 (1.6%) and its rental value has increased by £80 per month (3.4%).
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 Homefield, Romsey is in very good condition we estimate a sale value of £979,132 and rental value of £2,468 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £867,231 and a rental value of £2,186 per month.
If you were able to purchase this property for the estimated value of £932,506, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,583 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 sales of properties similar to Homefield, Romsey within a radius of 3.5 kilometres over the last 2 years.
The most recent example is Elm Lodge, Danes Road, Romsey, SO51 0GF, a Freehold house which sold for £730,000 in Jun 2018.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
East Wellow, Romsey, SO51 has a total of 23 addresses. According to our analysis of all the public data, Homefield, Romsey is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £437k more expensive than the average property in SO51.
Homefield, Romsey has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 19 Feb 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to Homefield, Romsey is Romsey station which is 5.5 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 Homefield, Romsey, 45.6% of property is privately owned outright and 33.1% 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 Homefield, Romsey, 17.9% of residents are recorded as possessing school level qualifications and 41.3% 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 Homefield, 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 Homefield, Romsey, 0.6% 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 Homefield, 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.