11 Gallop Place, Romsey
11 Gallop Place, Romsey
Description & Estimates
According to the public record, 11 Gallop Place, Romsey is a modern leasehold apartment with 968 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 11 Gallop Place, Romsey is £482,779 and the estimated rental value is £1,589 per month.
The apartment is within Gallop Place, Mortimer Drive, Romsey, SO51.
Mortimer Drive, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
Our Data Sources
11 Gallop Place, Romsey has a single entry in the Land Registry from October 2020 and a single entry in the EPC database dated April 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 11 Gallop Place, Romsey is in very good condition we estimate a sale value of £506,918 and a rental value of £1,669 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £448,984 and a rental value of £1,478 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 11 Gallop Place, Romsey has dropped by £19,703 (4.1%), while its estimated rental value has risen by £25 per month (1.6%). Based on current estimates, the property offers a gross rental yield of 4.0%.
Energy Efficiency
11 Gallop Place, Romsey has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Apr 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, LPG.
Sold Prices
According to HM Land Registry, 11 Gallop Place, Romsey was last sold on 16th October 2020 for £499,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2020, the market for similar properties has dropped by 28.0%.
- Sold Oct 2020£499,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11 Gallop Place, Romsey within a radius of 2.5 kilometres over the last 2 years.
The most recent example is 1 Kirkeby Court, Mortimer Drive, Romsey, SO51 0ED, a leasehold flat which sold for £560,000 on the 13th December 2024.
Read more about house prices in SO51.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Mortimer Drive, Romsey, SO51 has a total of 153 addresses. According to our analysis of all the public data, 11 Gallop Place, Romsey is the 101st largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £9k less expensive than the average property in SO51.
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Schools Nearby
- 1.9kmAwbridge Primary School
- 2.3kmRomsey Abbey Church of England Primary School
- 2.9kmRomsey Primary School & Nursery
- 2.1kmThe Romsey School
- 4.6kmThe Mountbatten School
- 9.3kmTestwood School
More reading links
Public Transport Nearby
The closest station to 11 Gallop Place, Romsey is Romsey station, which is 2.6 kilometres away.
- 2.6kmRomsey
- 3.4kmMottisfont & Dunbridge
- 8.8kmDean (Wilts)
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
