According to the public record, Silkstead, Romsey is a modern freehold house with 1,248 ft2 of internal area and sits on a 787 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Newtown Road, Awbridge, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
Silkstead, Romsey has a single entry in the Land Registry database from May 2018 and a single entry in the EPC database dated January 2015.
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 Silkstead Romsey as £632,704 and the rental value as £1,868 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of Silkstead Romsey has increased by £9,980 (1.6%) and its rental value has increased by £67 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 Silkstead, Romsey is in very good condition we estimate a sale value of £664,339 and rental value of £1,961 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £588,414 and a rental value of £1,737 per month.
If you were able to purchase this property for the estimated value of £632,704, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,110 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, Silkstead, Romsey sits on a plot of 787m2.
We have plot size data on 31 out of 56 other houses in the postcode and Silkstead, Romsey sits on the 20th largest plot.
According to HM Land Registry, Silkstead, Romsey was last sold on 10 May 2018 for £500,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2018, the market for similar properties has risen 22.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Silkstead, Romsey within a radius of 4.0 kilometres over the last 2 years.
The most recent example is 2 Dunwood Manor Cottages, Dunwood Hill, Romsey, SO51 6FD, a Freehold house which sold for £503,500 in Dec 2023.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newtown Road, Awbridge, Romsey, SO51 has a total of 96 addresses. According to our analysis of all the public data, Silkstead, Romsey is the 66th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £137k more expensive than the average property in SO51.
Silkstead, Romsey has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 26 Jan 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an LPG fired boiler and radiators.
The closest station to Silkstead, Romsey is Mottisfont & Dunbridge station which is 2.9 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 Silkstead, Romsey, 61.4% of property is privately owned outright and 25.8% 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 Silkstead, Romsey, 13.8% of residents are recorded as possessing school level qualifications and 47.4% 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 Silkstead, Romsey, the average age was 43 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 Silkstead, Romsey, 1.3% 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 Silkstead, Romsey, there are an average of 2.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.