18, Magnolia Walk
18, Magnolia Walk
Description & Estimates
Public records show 18, Magnolia Walk, Romsey to be a modern freehold house with 2,368 ft2 of internal area, sitting on a 606 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
18, Magnolia Walk, Romsey has an estimated sale value of £855,432 and an estimated rental value of £1,878 per month, assuming reasonable condition and based on the information available.
Magnolia Walk, Romsey, SO51 lies in the borough of Test Valley, within the SO51 postal district.
Our Data Sources
18, Magnolia Walk, Romsey has 2 entries in the Land Registry , most recently in November 2018 and a single entry in the EPC database dated November 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 18, Magnolia Walk, Romsey would be worth £898,204, with a potential rental value of £1,972 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £795,552, with a rental value of £1,747 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 18, Magnolia Walk, Romsey has declined by £24,965 (2.9%) over the last year. During the same period, its estimated monthly rental value has climbed by £56 (3.0%). The property's estimated gross yield is currently 2.6%.
Plot Size
18, Magnolia Walk, Romsey occupies a 606 m2 plot as recorded by HM Land Registry.
Of the 32 other houses in this postcode, 20 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
18, Magnolia Walk, Romsey has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Nov 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
18, Magnolia Walk, Romsey last changed hands on 30th November 2018, selling for £695,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 7.8% since November 2018.
- Sold Nov 2018£695,000
- Sold Dec 2014£664,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.0 kilometres of 18, Magnolia Walk, Romsey across the last 2 years.
Most recently, 22, Magnolia Walk, Romsey, SO51 0PY, a freehold house, sold at £680,000 on the 11th December 2020.
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
Our analysis of the public data ranks 18, Magnolia Walk, Romsey as the 3rd largest and the 4th most expensive of the 32 addresses on Magnolia Walk, Romsey, SO51.
Against the SO51 postcode district average, it is £364k more expensive than the typical property.
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Schools Nearby
- 1.1kmCupernham Junior School
- 1.1kmCupernham Infant School
- 1.6kmRomsey Primary School & Nursery
- 2.1kmThe Romsey School
- 2.9kmThe Mountbatten School
- 8.2kmThe Toynbee School
More reading links
Public Transport Nearby
Romsey station is the nearest stop to 18, Magnolia Walk, Romsey at 1.9 kilometres away.
- 1.9kmRomsey
- 5.4kmMottisfont & Dunbridge
- 7.3kmChandlers Ford
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
