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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 16, Tate Close, Romsey is a modern Leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Tate Close, Romsey is £257,699 and the estimated rental value is £1,051 per month.
Tate Close, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
16, Tate Close, Romsey has 2 entries in the Land Registry , most recently in October 2021 and a single entry in the EPC database dated August 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 16, Tate Close, Romsey is in very good condition we estimate a sale value of £270,584 and a rental value of £1,104 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £239,660 and a rental value of £978 per month.
Over the last 12 months the sale value of 16 Tate Close Romsey has decreased by an estimated £7,828 (3.0%) and its rental value has increased by an estimated £26 per month (2.4%), giving an expected gross yield of 4.9%.
16, Tate Close, Romsey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Aug 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 16, Tate Close, Romsey was last sold on 22nd October 2021 for £235,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2021, the market for similar properties has risen 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Tate Close, Romsey within a radius of 770 metres over the last 2 years.
The most recent example is 22, Tarver Close, Romsey, SO51 0BH, a leasehold flat which sold for £271,000 on the 14th June 2024.
Read more about house prices in SO51.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tate Close, Romsey, SO51 has a total of 35 addresses. According to our analysis of all the public data, 16, Tate Close, Romsey is the 25th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £211k less expensive than the average property in SO51.
The closest station to 16, Tate Close, Romsey is Romsey station which is 2.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 16, Tate Close, Romsey, % of property is and % is .
The graph below shows how this compares to South East 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 16, Tate Close, Romsey, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 16, Tate Close, 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 16, Tate Close, Romsey, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
