According to the public record, Teorstan Place, Romsey is a mid-century freehold house with 2,195 ft2 of internal area and sits on a 1,020 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Whitenap Lane, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
Teorstan Place, Romsey has a single entry in the Land Registry database from October 2019 and a single entry in the EPC database dated February 2019.
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 Teorstan Place Romsey as £817,849 and the rental value as £2,308 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of Teorstan Place Romsey has increased by £14,249 (1.7%) and its rental value has increased by £84 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 Teorstan Place, Romsey is in very good condition we estimate a sale value of £858,741 and rental value of £2,423 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £760,599 and a rental value of £2,146 per month.
If you were able to purchase this property for the estimated value of £817,849, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,019 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, Teorstan Place, Romsey sits on a plot of 1020m2.
We have plot size data on 9 out of 20 other houses in the postcode and Teorstan Place, Romsey sits on the 3rd largest plot.
According to HM Land Registry, Teorstan Place, Romsey was last sold on 24 Oct 2019 for £645,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2019, the market for similar properties has risen 19.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Teorstan Place, Romsey within a radius of 810 metres over the last 2 years.
The most recent example is Wolversdene, Whitenap Lane, Romsey, SO51 5RS, a Freehold house which sold for £721,000 in Jul 2022.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Whitenap Lane, Romsey, SO51 has a total of 41 addresses. According to our analysis of all the public data, Teorstan Place, Romsey is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £322k more expensive than the average property in SO51.
Teorstan Place, Romsey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Feb 2019.
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 Teorstan Place, Romsey is Romsey station which is 1.4 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 Teorstan Place, Romsey, 57.3% of property is privately owned outright and 30.4% 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 Teorstan Place, Romsey, 19.3% of residents are recorded as possessing school level qualifications and 41.5% 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 Teorstan Place, Romsey, the average age was 45.8 and the most common age was 72.
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 Teorstan Place, Romsey, 3.1% 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 Teorstan Place, Romsey, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.