According to the public record, Thatched Cottage, Romsey is a period house with 979 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Spearywell, Mottisfont, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
Thatched Cottage, Romsey has no records in the Land Registry database and a single entry in the EPC database dated November 2012.
We combine this information with public data 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 Thatched Cottage Romsey as £590,225 and the rental value as £1,663 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of Thatched Cottage Romsey has increased by £13,346 (2.3%) and its rental value has increased by £74 per month (4.5%).
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 Thatched Cottage, Romsey is in very good condition we estimate a sale value of £619,736 and rental value of £1,747 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £548,909 and a rental value of £1,547 per month.
If you were able to purchase this property for the estimated value of £590,225, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,901 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Thatched Cottage, Romsey within a radius of 4.9 kilometres over the last 2 years.
The most recent example is Heron Cottage, Stockbridge, SO20 6QR, a Freehold house which sold for £435,000 in Dec 2019.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spearywell, Mottisfont, Romsey, SO51 has a total of 24 addresses. According to our analysis of all the public data, Thatched Cottage, Romsey is the 17th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £94k more expensive than the average property in SO51.
Thatched Cottage, Romsey has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Nov 2012.
The property is not connected to mains gas and has some secondary glazing. It is heated using an oil fired boiler and radiators.
The closest station to Thatched Cottage, Romsey is Mottisfont & Dunbridge station which is 1.5 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 Thatched Cottage, Romsey, 31.7% of property is socially rented and 28.2% is privately rented.
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 Thatched Cottage, Romsey, 18.6% of residents are recorded as possessing school level qualifications and 36.2% 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 Thatched Cottage, 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 Thatched Cottage, Romsey, 0.9% 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 Thatched Cottage, Romsey, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.