174, Mercer Way
174, Mercer Way
Description & Estimates
According to the public record, 174, Mercer Way, Romsey is a mid-century apartment with 516 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 174, Mercer Way, Romsey is £161,918 and the estimated rental value is £910 per month.
Mercer Way, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
Our Data Sources
174, Mercer Way, Romsey has no records in the the Land Registry and a single entry in the EPC database dated September 2014.
We combine this information with public data 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.
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 174, Mercer Way, Romsey is in very good condition we estimate a sale value of £170,014 and a rental value of £956 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,583 and a rental value of £846 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 174, Mercer Way, Romsey has moved down by £5,447 (3.4%), while its estimated rental value has increased by £25 per month (2.7%). Based on current estimates, the property offers a gross rental yield of 6.7%.
Energy Efficiency
174, Mercer Way, Romsey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Sep 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 174, Mercer Way, Romsey within a radius of 620 metres over the last 2 years.
The most recent example is 62, Latham Road, Romsey, SO51 7DB, a leasehold flat which sold for £188,500 on the 1st December 2023.
Read more about house prices in SO51.
- Sold Dec 2023£188,500 | 2 Bed Flat62, Latham Road, Romsey, SO51 7DB62, Latham Road, Romsey, SO51 7DB
- Sold Nov 2018£148,000 | 2 Bed Flat182, Mercer Way, Romsey, SO51 7QJ182, Mercer Way, Romsey, SO51 7QJ
- Sold Jul 2018£151,000 | 1 Bed Flat85, Latham Road, Romsey, SO51 7DB85, Latham Road, Romsey, SO51 7DB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Mercer Way, Romsey, SO51 has a total of 198 addresses. According to our analysis of all the public data, 174, Mercer Way, Romsey is the 159th largest and the 155th most expensive property on the street.
When compared to the postcode district it is £329k less expensive than the average property in SO51.
More reading links
Schools Nearby
- 300mRomsey Primary School & Nursery
- 800mCupernham Junior School
- 800mCupernham Infant School
- 900mThe Romsey School
- 1.9kmThe Mountbatten School
- 7.2kmOasis Academy Lord's Hill
More reading links
Public Transport Nearby
The closest station to 174, Mercer Way, Romsey is Romsey station, which is 400 metres away.
- 400mRomsey
- 5.9kmMottisfont & Dunbridge
- 7.4kmChandlers Ford
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
