18, Richmond Lane
18, Richmond Lane
Description & Estimates
The public record describes 18, Richmond Lane, Romsey as a modern house with 1,550 ft2 of internal area, sitting on a 392 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
18, Richmond Lane, Romsey has an estimated sale value of £572,083 and an estimated rental value of £1,879 per month, assuming reasonable condition and based on the information available.
Richmond Lane, Romsey, SO51 lies in the borough of Test Valley, within the SO51 postal district.
Our Data Sources
18, Richmond Lane, Romsey has no records in the the Land Registry and a single entry in the EPC database dated February 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 18, Richmond Lane, Romsey would be worth £600,687, with a potential rental value of £1,973 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £532,037, 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, Richmond Lane, Romsey has dropped by £9,054 (1.6%) over the last year. During the same period, its estimated monthly rental value has risen by £82 (4.4%). The property's estimated gross yield is currently 3.9%.
Plot Size
18, Richmond Lane, Romsey occupies a 392 m2 plot as recorded by HM Land Registry.
Of the 9 other houses in this postcode, 7 have recorded plot sizes, and this one ranks as the 7th largest.
Energy Efficiency
18, Richmond Lane, Romsey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 680 metres of 18, Richmond Lane, Romsey across the last 2 years.
Most recently, 14, Brook Way, Romsey, SO51 7JZ, a freehold house, sold at £625,000 on the 21st April 2023.
Read more about house prices in SO51.
- Sold Apr 2023£625,000 | 4 Bed House14, Brook Way, Romsey, SO51 7JZ14, Brook Way, Romsey, SO51 7JZ
- Sold Mar 2022£635,000 | 4 Bed House5, Oxlease Close, Romsey, SO51 7HA5, Oxlease Close, Romsey, SO51 7HA
- Sold Mar 2021£520,000 | 4 Bed House32, Brook Way, Romsey, SO51 7JZ32, Brook Way, Romsey, SO51 7JZ
•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, Richmond Lane, Romsey as the 11th largest and the 14th most expensive of the 27 addresses on Richmond Lane, Romsey, SO51.
Against the SO51 postcode district average, it is £81k more expensive than the typical property.
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Schools Nearby
- 300mCupernham Junior School
- 300mCupernham Infant School
- 700mRomsey Primary School & Nursery
- 1.4kmThe Romsey School
- 2.0kmThe Mountbatten School
- 7.5kmOasis Academy Lord's Hill
More reading links
Public Transport Nearby
Romsey station is the nearest stop to 18, Richmond Lane, Romsey at 1.0 kilometres away.
- 1.0kmRomsey
- 5.9kmMottisfont & Dunbridge
- 7.1kmChandlers 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.
