According to the public record, Millennium Cottage, Romsey is a modern house with 1,001 ft2 of internal area and sits on a 352 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lockerley Green, Lockerley, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
Millennium Cottage, Romsey has no records in the Land Registry database and a single entry in the EPC database dated September 2016.
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 good condition, we estimate the current sale value for Millennium Cottage Romsey as £459,203 and the rental value as £1,720 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of Millennium Cottage Romsey has increased by £10,384 (2.3%) and its rental value has increased by £77 per month (4.5%).
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 Millennium Cottage, Romsey is in very good condition we estimate a sale value of £482,163 and rental value of £1,806 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £427,058 and a rental value of £1,600 per month.
If you were able to purchase this property for the estimated value of £459,203, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,257 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 data from HM Land Registry, Millennium Cottage, Romsey sits on a plot of 352m2.
We have plot size data on 18 out of 34 other houses in the postcode and Millennium Cottage, Romsey sits on the 14th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Millennium Cottage, Romsey within a radius of 5.1 kilometres over the last 2 years.
The most recent example is Hillside, Lockerley Green, Romsey, SO51 0JN, a Freehold house which sold for £415,500 in Jun 2023.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lockerley Green, Lockerley, Romsey, SO51 has a total of 37 addresses. According to our analysis of all the public data, Millennium Cottage, Romsey is the 29th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £37k less expensive than the average property in SO51.
Millennium Cottage, Romsey has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Sep 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and underfloor heating.
The closest station to Millennium Cottage, Romsey is Mottisfont & Dunbridge station which is 2.8 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 Millennium Cottage, Romsey, 45.8% of property is privately owned outright and 32.2% 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 Millennium Cottage, Romsey, 15.0% of residents are recorded as possessing school level qualifications and 49.3% 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 Millennium Cottage, 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 Millennium Cottage, Romsey, 0.0% 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 Millennium Cottage, 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.