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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
Public records show 2, Mercer Way, Romsey to be a modern leasehold apartment with 473 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
2, Mercer Way, Romsey has an estimated sale value of £136,285 and an estimated rental value of £760 per month, assuming reasonable condition and based on the information available.
Mercer Way, Romsey, SO51 lies in the borough of Test Valley, within the SO51 postal district.
2, Mercer Way, Romsey has 31 entries in the Land Registry , most recently in April 2022 and a single entry in the EPC database dated February 2024.
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.
In very good condition, we estimate 2, Mercer Way, Romsey would be worth £143,099, with a potential rental value of £798 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £126,745, with a rental value of £707 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 2, Mercer Way, Romsey has fallen by £3,131 (2.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £27 (3.5%). The property's estimated gross yield is currently 6.7%.
2, Mercer Way, Romsey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
2, Mercer Way, Romsey last changed hands on 1st April 2022, selling for £151,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 17.4% since April 2022.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 620 metres of 2, Mercer Way, Romsey across the last 2 years.
Most recently, Flat 29, Nightingale House, Great Well Drive, Romsey, SO51 7QN, a leasehold flat, sold at £73,000 on the 24th January 2025.
Read more about house prices in SO51.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 2, Mercer Way, Romsey as the 185th largest and the 195th most expensive of the 198 addresses on Mercer Way, Romsey, SO51.
Against the SO51 postcode district average, it is £355k less expensive than the typical property.
Romsey station is the nearest stop to 2, Mercer Way, Romsey at 600 metres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Mercer Way, Romsey, 29.9% of property is privately owned outright and 26.8% is privately owned with a mortgage.
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 2, Mercer Way, Romsey, 16.5% of residents are recorded as possessing school level qualifications and 25.2% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Mercer Way, Romsey, the average age was 45.8 and the most common age was 72.
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 2, Mercer Way, Romsey, 1.4% 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 2, Mercer Way, Romsey, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
