According to the public record, Old Oak, Romsey is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 2,561 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Crampmoor Lane, Crampmoor, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
Old Oak, Romsey has 21 entries in the Land Registry database, most recently in March 2006 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 good condition, we estimate the current sale value for Old Oak Romsey as £840,181 and the rental value as £2,291 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of Old Oak Romsey has increased by £14,308 (1.7%) and its rental value has increased by £82 per month (3.6%).
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 Old Oak, Romsey is in very good condition we estimate a sale value of £882,190 and rental value of £2,405 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £781,369 and a rental value of £2,130 per month.
If you were able to purchase this property for the estimated value of £840,181, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,129 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, Old Oak, Romsey was last sold on 16 Mar 2006 for £500,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Old Oak, Romsey within a radius of 1.3 kilometres over the last 2 years.
The most recent example is Kwenu, Braishfield Road, Romsey, SO51 7NZ, a Freehold house which sold for £840,000 in Jun 2022.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Crampmoor Lane, Crampmoor, Romsey, SO51 has a total of 49 addresses. According to our analysis of all the public data, Old Oak, Romsey is the 3rd largest and the 12th most expensive property on the street.
When compared to the postcode district it is £344k more expensive than the average property in SO51.
The closest station to Old Oak, Romsey is Romsey station which is 2.6 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 Old Oak, Romsey, 54.9% of property is privately owned outright and 40.6% 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 Old Oak, Romsey, 21.2% of residents are recorded as possessing school level qualifications and 50.7% 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 Old Oak, Romsey, the average age was 45.8 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 Old Oak, Romsey, 0.9% 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 Old Oak, Romsey, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.