According to the public record, Shelley Bungalow, Romsey is a mid-century freehold house with 1,108 ft2 of internal area and sits on a 20,148 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Salisbury Road, Ower, Romsey, SO51 is located in the borough of New Forest within the SO51 postal district.
Shelley Bungalow, Romsey has a single entry in the Land Registry database from August 2016 and a single entry in the EPC database dated April 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 Shelley Bungalow Romsey as £680,042 and the rental value as £1,790 per month giving an expected gross yield of 3.2%.
Over the last 12 months the sale value of Shelley Bungalow Romsey has increased by £14,587 (2.1%) and its rental value has increased by £66 per month (3.7%).
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 Shelley Bungalow, Romsey is in very good condition we estimate a sale value of £714,044 and rental value of £1,880 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £632,439 and a rental value of £1,665 per month.
If you were able to purchase this property for the estimated value of £680,042, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,342 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, Shelley Bungalow, Romsey sits on a plot of 20148m2.
We have plot size data on 9 out of 20 other houses in the postcode and Shelley Bungalow, Romsey sits on the 2nd largest plot.
According to HM Land Registry, Shelley Bungalow, Romsey was last sold on 24 Aug 2016 for £601,731 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2016, the market for similar properties has risen 26.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Shelley Bungalow, Romsey within a radius of 4.0 kilometres over the last 2 years.
The most recent example is Farnley Cottage, Whinwhistle Road, Romsey, SO51 6BN, a Freehold house which sold for £615,000 in Sep 2022.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Salisbury Road, Ower, Romsey, SO51 has a total of 39 addresses. According to our analysis of all the public data, Shelley Bungalow, Romsey is the 26th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £184k more expensive than the average property in SO51.
Shelley Bungalow, Romsey has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Apr 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Shelley Bungalow, 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 Shelley Bungalow, Romsey, 49.4% of property is privately owned outright and 27.1% 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 Shelley Bungalow, Romsey, 15.5% of residents are recorded as possessing school level qualifications and 30.6% 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 Shelley Bungalow, Romsey, the average age was 50.8 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 Shelley Bungalow, 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 Shelley Bungalow, 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.