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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
According to the public record, 29, Five Elms Drive, Romsey is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,475 ft2 of internal area and sits on a 416 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 29, Five Elms Drive, Romsey is £590,934 and the estimated rental value is £1,970 per month.
Five Elms Drive, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
29, Five Elms Drive, Romsey has a single entry in the Land Registry from October 2010 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 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 29, Five Elms Drive, Romsey is in very good condition we estimate a sale value of £620,481 and a rental value of £2,069 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £549,569 and a rental value of £1,832 per month.
Over the last 12 months the sale value of 29 Five Elms Drive Romsey has decreased by an estimated £7,769 (1.3%) and its rental value has increased by an estimated £80 per month (4.1%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 29, Five Elms Drive, Romsey sits on a plot of 416m2.
We have plot size data on 36 out of 37 other houses in the postcode and 29, Five Elms Drive, Romsey sits on the 5th largest plot.
According to HM Land Registry, 29, Five Elms Drive, Romsey was last sold on 1st October 2010 for £340,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2010, the market for similar properties has risen 48.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Five Elms Drive, Romsey within a radius of 940 metres over the last 2 years.
The most recent example is 6, The Covert, Romsey, SO51 5QZ, a freehold house which sold for £552,500 on the 21st June 2021.
Read more about house prices in SO51.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Five Elms Drive, Romsey, SO51 has a total of 37 addresses. According to our analysis of all the public data, 29, Five Elms Drive, Romsey is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £122k more expensive than the average property in SO51.
The closest station to 29, Five Elms Drive, Romsey is Romsey station which is 1.6 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 29, Five Elms Drive, Romsey, 42.8% of property is privately owned outright and 32.6% 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 29, Five Elms Drive, Romsey, 19.8% of residents are recorded as possessing school level qualifications and 53.8% 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 29, Five Elms Drive, 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 29, Five Elms Drive, Romsey, 0.5% 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 29, Five Elms Drive, Romsey, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
