2 Walled Garden, Romsey
2 Walled Garden, Romsey
Description & Estimates
2 Walled Garden, Romsey is recorded publicly as a modern leasehold apartment across 1,202 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 2 Walled Garden, Romsey is £433,603 and its rental estimate is £1,401 per month, given the available information and assuming reasonable condition.
Walled Garden, Mortimer Drive is a residential building on Mortimer Drive, Romsey, SO51 and falls within the SO51 postal district and the borough of Test Valley.
Our Data Sources
2 Walled Garden, Romsey has a single entry in the Land Registry from December 2019 and a single entry in the EPC database dated November 2019.
We combine this information with that 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
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 Walled Garden, Romsey, we estimate a market value of £455,283 and a rental value of £1,471 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £403,251 and £1,303 per month respectively.
Recent Market Change
Over the last year, 2 Walled Garden, Romsey has seen its estimated sale value decrease by £17,696 (4.1%) and its estimated rental value grow by £22 per month (1.6%). This results in an estimated gross rental yield of 3.9%.
Energy Efficiency
2 Walled Garden, Romsey has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Nov 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, LPG.
Sold Prices
The most recent sale of 2 Walled Garden, Romsey completed on 19th December 2019 at £544,950 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 27.9% over the period since December 2019.
- Sold Dec 2019£544,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2 Walled Garden, Romsey have sold within a radius of 2.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th March 2024, was 14 Walled Garden, Mortimer Drive, Romsey, SO51 0EG, a leasehold flat which sold for £558,450.
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 153 addresses on Mortimer Drive, Romsey, SO51, 2 Walled Garden, Romsey comes out as the 32nd largest and the 139th most expensive in our analysis of the public data.
It is also £58k less expensive than the average property across the SO51 district.
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Schools Nearby
- 1.9kmAwbridge Primary School
- 2.3kmRomsey Abbey Church of England Primary School
- 2.9kmRomsey Primary School & Nursery
- 2.0kmThe Romsey School
- 4.5kmThe Mountbatten School
- 9.3kmTestwood School
More reading links
Public Transport Nearby
From 2 Walled Garden, Romsey, the nearest station is Romsey, 2.5 kilometres away.
- 2.5kmRomsey
- 3.5kmMottisfont & Dunbridge
- 8.8kmDean (Wilts)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
