According to the public record, Ravello, Romsey is a modern freehold house with 2,938 ft2 of internal area and sits on a 987 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Haccups Lane, Michelmersh, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
Ravello, Romsey has 31 entries in the Land Registry database, most recently in December 2018 and a single entry in the EPC database dated February 2018.
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 Ravello Romsey as £1,081,017 and the rental value as £2,612 per month giving an expected gross yield of 2.9%.
Over the last 12 months the sale value of Ravello Romsey has increased by £17,768 (1.6%) and its rental value has increased by £94 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 Ravello, Romsey is in very good condition we estimate a sale value of £1,135,068 and rental value of £2,743 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,005,346 and a rental value of £2,430 per month.
If you were able to purchase this property for the estimated value of £1,081,017, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,313 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, Ravello, Romsey sits on a plot of 987m2.
We have plot size data on 12 out of 19 other houses in the postcode and Ravello, Romsey sits on the 9th largest plot.
According to HM Land Registry, Ravello, Romsey was last sold on 07 Dec 2018 for £860,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2018, the market for similar properties has risen 23.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Ravello, Romsey within a radius of 4.0 kilometres over the last 2 years.
The most recent example is Sunny Bank, New Road, Romsey, SO51 0NL, a Freehold house which sold for £1,200,000 in Mar 2023.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Haccups Lane, Michelmersh, Romsey, SO51 has a total of 19 addresses. According to our analysis of all the public data, Ravello, Romsey is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £585k more expensive than the average property in SO51.
Ravello, Romsey has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Feb 2018.
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 Ravello, 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 Ravello, Romsey, 47.3% of property is privately owned outright and 38.2% 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 Ravello, Romsey, 14.5% of residents are recorded as possessing school level qualifications and 46.3% 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 Ravello, 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 Ravello, Romsey, 0.5% 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 Ravello, Romsey, there are an average of 2.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.