According to the public record, The Elms, Romsey is a period freehold house with 4,900 ft2 of internal area and sits on a 15,105 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Lockerley Green, Lockerley, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
The Elms, Romsey has a single entry in the Land Registry database from April 2011 and a single entry in the EPC database dated November 2010.
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 Elms Romsey as £1,120,141 and the rental value as £3,425 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of The Elms Romsey has increased by £15,104 (1.3%) and its rental value has increased by £121 per month (3.5%).
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 The Elms, Romsey is in very good condition we estimate a sale value of £1,176,148 and rental value of £3,596 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,041,731 and a rental value of £3,185 per month.
If you were able to purchase this property for the estimated value of £1,120,141, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,505 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 Elms, Romsey sits on a plot of 15105m2.
We have plot size data on 18 out of 34 other houses in the postcode and The Elms, Romsey sits on the largest plot.
According to HM Land Registry, The Elms, Romsey was last sold on 14 Apr 2011 for £850,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2011, the market for similar properties has risen 52.7%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to The Elms, Romsey within a radius of 5.1 kilometres over the last 2 years.
The most recent example is Dean House, Salisbury, SP5 1JQ, a Freehold house which sold for £650,000 in Apr 2022.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lockerley Green, Lockerley, Romsey, SO51 has a total of 37 addresses. According to our analysis of all the public data, The Elms, Romsey is the largest and the most expensive property on the street.
When compared to the postcode district it is £624k more expensive than the average property in SO51.
The Elms, Romsey has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 10 Nov 2010.
The property is not connected to mains gas and has some double glazing. It is heated using an oil fired boiler and radiators.
The closest station to The Elms, Romsey is Mottisfont & Dunbridge station which is 2.8 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 Elms, Romsey, 45.8% of property is privately owned outright and 32.2% 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 Elms, Romsey, 15.0% of residents are recorded as possessing school level qualifications and 49.3% 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 Elms, 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 The Elms, 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 The Elms, 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.