2 Forge Cottage, Romsey
2 Forge Cottage, Romsey
Description & Estimates
2 Forge Cottage, Romsey appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,131 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 2 Forge Cottage, Romsey is £601,490 and its rental estimate is £1,476 per month, given the available information and assuming reasonable condition.
Romsey Road, Lockerley, Romsey, SO51 falls within the SO51 postal district, in the borough of Test Valley.
Our Data Sources
2 Forge Cottage, Romsey has 41 entries in the Land Registry , most recently in April 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2 Forge Cottage, Romsey, we estimate a market value of £631,565 and a rental value of £1,550 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £559,386 and £1,373 per month respectively.
Recent Market Change
Over the last year, 2 Forge Cottage, Romsey has seen its estimated sale value decrease by £10,877 (1.8%) and its estimated rental value grow by £59 per month (4.0%). This results in an estimated gross rental yield of 2.9%.
Sold Prices
The most recent sale of 2 Forge Cottage, Romsey completed on 17th April 2023 at £500,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 0.1% over the period since April 2023.
- Sold Apr 2023£500,000
- Sold Nov 2021£515,000
- Sold Sep 2006£368,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2 Forge Cottage, Romsey have sold within a radius of 4.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th August 2023, was Appletrees, Carters Clay Road, Romsey, SO51 0GL, a freehold house which sold for £528,000.
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
Of the 18 addresses on Romsey Road, Lockerley, Romsey, SO51, 2 Forge Cottage, Romsey comes out as the 13th largest and the 11th most expensive in our analysis of the public data.
It is also £110k more expensive than the average property across the SO51 district.
More reading links
Schools Nearby
- 300mLockerley Church of England Endowed Primary School
- 2.6kmAwbridge Primary School
- 4.8kmWest Tytherley Church of England Primary School
- 6.6kmThe Romsey School
- 9.1kmThe Mountbatten School
- 10.3kmDanebury School
More reading links
Public Transport Nearby
From 2 Forge Cottage, Romsey, the nearest station is Mottisfont & Dunbridge, 1.8 kilometres away.
- 1.8kmMottisfont & Dunbridge
- 4.5kmDean (Wilts)
- 7.1kmRomsey
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
