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According to the public record, 2 Stanbridge Manor, Romsey is a modern leasehold apartment with 1,194 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Stanbridge Manor, Romsey is £617,567 and the estimated rental value is £1,995 per month.
The apartment is within Stanbridge Manor, Mortimer Drive, Romsey, SO51.
Mortimer Drive, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
2 Stanbridge Manor, Romsey has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated October 2019.
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.
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 2 Stanbridge Manor, Romsey is in very good condition we estimate a sale value of £648,445 and a rental value of £2,095 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £574,337 and a rental value of £1,856 per month.
Over the last 12 months the sale value of 2 Stanbridge Manor Romsey has decreased by an estimated £25,204 (4.1%) and its rental value has increased by an estimated £31 per month (1.6%), giving an expected gross yield of 3.9%.
2 Stanbridge Manor, Romsey has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 29 Oct 2019.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, LPG.
According to HM Land Registry, 2 Stanbridge Manor, Romsey was last sold on 28th September 2021 for £749,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2021, the market for similar properties has dropped 32.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Stanbridge Manor, Romsey within a radius of 2.4 kilometres over the last 2 years.
The most recent example is 1 Kenne Court, Mortimer Drive, Romsey, SO51 0EB, a leasehold flat which sold for £619,500 on the 27th March 2023.
Read more about house prices in SO51.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mortimer Drive, Romsey, SO51 has a total of 153 addresses. According to our analysis of all the public data, 2 Stanbridge Manor, Romsey is the 35th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £126k more expensive than the average property in SO51.
The closest station to 2 Stanbridge Manor, Romsey is Romsey station which is 2.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 Stanbridge Manor, Romsey, 50.7% of property is privately owned outright and 35.0% is privately rented.
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 Stanbridge Manor, Romsey, 14.0% of residents are recorded as possessing school level qualifications and 40.7% 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 Stanbridge Manor, Romsey, the average age was 43 and the most common age was 57.
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 Stanbridge Manor, Romsey, 3.3% 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 Stanbridge Manor, Romsey, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
