According to the public record, The Reenes, Romsey is a mid-century freehold house with 904 ft2 of internal area and sits on a 907 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Braishfield Road, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
The Reenes, Romsey has a single entry in the Land Registry database from February 2018 and a single entry in the EPC database dated September 2017.
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 Reenes Romsey as £482,176 and the rental value as £1,667 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of The Reenes Romsey has increased by £13,938 (2.9%) and its rental value has increased by £80 per month (4.8%).
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 Reenes, Romsey is in very good condition we estimate a sale value of £506,284 and rental value of £1,751 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £448,423 and a rental value of £1,551 per month.
If you were able to purchase this property for the estimated value of £482,176, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,370 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 Reenes, Romsey sits on a plot of 907m2.
We have plot size data on 7 out of 12 other houses in the postcode and The Reenes, Romsey sits on the 3rd largest plot.
According to HM Land Registry, The Reenes, Romsey was last sold on 28 Feb 2018 for £520,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2018, the market for similar properties has risen 21.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Reenes, Romsey within a radius of 610 metres over the last 2 years.
The most recent example is 2 Alpine Cottages, School Road, Romsey, SO51 7NY, a Freehold house which sold for £340,000 in Aug 2023.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Braishfield Road, Romsey, SO51 has a total of 20 addresses. According to our analysis of all the public data, The Reenes, Romsey is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £14k less expensive than the average property in SO51.
The Reenes, Romsey has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 19 Sep 2017.
The property is connected to mains gas and has multiple glazing throughout. It is heated using electric storage heaters.
The closest station to The Reenes, Romsey is Romsey station which is 1.7 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 Reenes, Romsey, 57.1% of property is privately owned outright and 31.8% 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 The Reenes, Romsey, 16.8% of residents are recorded as possessing school level qualifications and 47.0% 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 Reenes, 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 Reenes, 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 Reenes, 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.