According to the public record, The Spinney, Romsey is a mid-century freehold house with 1,797 ft2 of internal area and sits on a 965 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Halterworth Lane, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
The Spinney, Romsey has a single entry in the Land Registry database from February 2016 and a single entry in the EPC database dated March 2016.
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 Spinney Romsey as £700,575 and the rental value as £2,136 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of The Spinney Romsey has increased by £17,561 (2.5%) and its rental value has increased by £94 per month (4.4%).
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 Spinney, Romsey is in very good condition we estimate a sale value of £735,604 and rental value of £2,243 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £651,535 and a rental value of £1,986 per month.
If you were able to purchase this property for the estimated value of £700,575, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,443 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 Spinney, Romsey sits on a plot of 965m2.
We have plot size data on 11 out of 18 other houses in the postcode and The Spinney, Romsey sits on the 2nd largest plot.
According to HM Land Registry, The Spinney, Romsey was last sold on 17 Feb 2016 for £600,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2016, the market for similar properties has risen 31.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Spinney, Romsey within a radius of 770 metres over the last 2 years.
The most recent example is 16, Sycamore Close, Romsey, SO51 5SB, a Freehold house which sold for £625,000 in Feb 2024.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Halterworth Lane, Romsey, SO51 has a total of 37 addresses. According to our analysis of all the public data, The Spinney, Romsey is the 7th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £205k more expensive than the average property in SO51.
The Spinney, Romsey has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Mar 2016.
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 The Spinney, Romsey is Romsey station which is 1.6 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 Spinney, Romsey, 61.4% of property is privately owned outright and 33.1% 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 Spinney, Romsey, 18.4% of residents are recorded as possessing school level qualifications and 41.6% 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 Spinney, 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 The Spinney, 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 Spinney, 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.