According to the public record, Orchard Lodge, Romsey is a period freehold house with 2,830 ft2 of internal area and sits on a 1,628 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Braishfield Road, Braishfield, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
Orchard Lodge, Romsey has 41 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated November 2016.
We combine this information with that 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 Orchard Lodge Romsey as £1,215,199 and the rental value as £2,659 per month giving an expected gross yield of 2.6%.
Over the last 12 months the sale value of Orchard Lodge Romsey has increased by £17,896 (1.5%) and its rental value has increased by £97 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 Orchard Lodge, Romsey is in very good condition we estimate a sale value of £1,275,958 and rental value of £2,792 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,130,135 and a rental value of £2,473 per month.
If you were able to purchase this property for the estimated value of £1,215,199, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,972 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, Orchard Lodge, Romsey sits on a plot of 1628m2.
We have plot size data on 8 out of 20 other houses in the postcode and Orchard Lodge, Romsey sits on the 6th largest plot.
According to HM Land Registry, Orchard Lodge, Romsey was last sold on 16 Dec 2020 for £1,180,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Dec 2020, the market for similar properties has risen 12.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Orchard Lodge, Romsey within a radius of 2.8 kilometres over the last 2 years.
The most recent example is Chalk Pit Cottage, Braishfield Road, Romsey, SO51 0PR, a Freehold house which sold for £1,570,000 in Feb 2022.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Braishfield Road, Braishfield, Romsey, SO51 has a total of 70 addresses. According to our analysis of all the public data, Orchard Lodge, Romsey is the 9th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £719k more expensive than the average property in SO51.
Orchard Lodge, Romsey has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Nov 2016.
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 Orchard Lodge, Romsey is Romsey station which is 4.4 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 Orchard Lodge, Romsey, 57.4% of property is privately owned outright and 21.3% 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 Orchard Lodge, Romsey, 10.1% of residents are recorded as possessing school level qualifications and 45.8% 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 Orchard Lodge, 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 Orchard Lodge, Romsey, 2.2% 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 Orchard 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.