According to the public record, Yew Tree Cottage, Romsey is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 990 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Gardeners Lane, East Wellow, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
Yew Tree Cottage, Romsey has a single entry in the Land Registry database from November 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Yew Tree Cottage Romsey as £503,065 and the rental value as £1,634 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of Yew Tree Cottage Romsey has increased by £14,202 (2.8%) and its rental value has increased by £77 per month (4.7%).
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 Yew Tree Cottage, Romsey is in very good condition we estimate a sale value of £528,218 and rental value of £1,716 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £467,850 and a rental value of £1,520 per month.
If you were able to purchase this property for the estimated value of £503,065, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,472 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 HM Land Registry, Yew Tree Cottage, Romsey was last sold on 23 Nov 2012 for £305,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2012, the market for similar properties has risen 64.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Yew Tree Cottage, Romsey within a radius of 3.3 kilometres over the last 2 years.
The most recent example is 45, Riverside Gardens, Romsey, SO51 8HN, a Leasehold house which sold for £595,000 in Jan 2023.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gardeners Lane, East Wellow, Romsey, SO51 has a total of 35 addresses. According to our analysis of all the public data, Yew Tree Cottage, Romsey is the 30th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £7k more expensive than the average property in SO51.
The closest station to Yew Tree Cottage, Romsey is Romsey station which is 3.7 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 Yew Tree Cottage, Romsey, 50.7% of property is privately owned outright and 35.0% 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 Yew Tree Cottage, Romsey, 14.0% of residents are recorded as possessing school level qualifications and 40.7% 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 Yew Tree Cottage, Romsey, the average age was 43 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 Yew Tree Cottage, Romsey, 3.3% 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 Yew Tree Cottage, 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.