According to the public record, The Barn, Romsey is a modern freehold house with 2,497 ft2 of internal area and sits on a 2,311 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Crook Hill, Braishfield, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
The Barn, Romsey has 2 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated October 2021.
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 The Barn Romsey as £901,750 and the rental value as £2,363 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of The Barn Romsey has increased by £13,280 (1.5%) and its rental value has increased by £86 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 The Barn, Romsey is in very good condition we estimate a sale value of £946,837 and rental value of £2,481 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £838,627 and a rental value of £2,197 per month.
If you were able to purchase this property for the estimated value of £901,750, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,432 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, The Barn, Romsey sits on a plot of 2311m2.
We have plot size data on 21 out of 40 other houses in the postcode and The Barn, Romsey sits on the 6th largest plot.
According to HM Land Registry, The Barn, Romsey was last sold on 19 Jul 2022 for £975,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2022, the market for similar properties has dropped 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Barn, Romsey within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 22, Magnolia Walk, Romsey, SO51 0PY, a Freehold house which sold for £680,000 in Dec 2020.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Crook Hill, Braishfield, Romsey, SO51 has a total of 47 addresses. According to our analysis of all the public data, The Barn, Romsey is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £406k more expensive than the average property in SO51.
The Barn, Romsey has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Oct 2021.
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 The Barn, Romsey is Romsey station which is 3.0 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 The Barn, Romsey, 52.9% of property is privately owned outright and 25.0% 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 The Barn, Romsey, 15.8% of residents are recorded as possessing school level qualifications and 45.2% 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 The Barn, Romsey, the average age was 45.8 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 The Barn, Romsey, 2.7% 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 The Barn, Romsey, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.