38, Mercer Way
38, Mercer Way
Description & Estimates
Public records show 38, Mercer Way, Romsey to be a mid-century freehold house with 850 ft2 of internal area, sitting on a 127 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
38, Mercer Way, Romsey has an estimated sale value of £266,172 and an estimated rental value of £1,303 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.
Our Data Sources
38, Mercer Way, Romsey has a single entry in the Land Registry from April 2021 and a single entry in the EPC database dated January 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 38, Mercer Way, Romsey would be worth £279,481, with a potential rental value of £1,368 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £247,540, with a rental value of £1,212 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 38, Mercer Way, Romsey has dropped by £4,813 (1.8%) over the last year. During the same period, its estimated monthly rental value has risen by £52 (4.0%). The property's estimated gross yield is currently 5.9%.
Plot Size
38, Mercer Way, Romsey occupies a 127 m2 plot as recorded by HM Land Registry.
Of the 57 other houses in this postcode, 48 have recorded plot sizes, and this one ranks as the 25th largest.
Energy Efficiency
38, Mercer Way, Romsey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Jan 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
38, Mercer Way, Romsey last changed hands on 16th April 2021, selling for £235,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 56.4% since April 2021.
- Sold Apr 2021£235,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 620 metres of 38, Mercer Way, Romsey across the last 2 years.
Most recently, 36, Mercer Way, Romsey, SO51 7QH, a freehold house, sold at £270,000 on the 7th April 2026.
Read more about house prices in SO51.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 38, Mercer Way, Romsey as the 72nd largest and the 102nd most expensive of the 198 addresses on Mercer Way, Romsey, SO51.
Against the SO51 postcode district average, it is £225k less expensive than the typical property.
More reading links
Schools Nearby
- 200mRomsey Primary School & Nursery
- 700mCupernham Junior School
- 700mCupernham Infant School
- 1.0kmThe Romsey School
- 1.8kmThe Mountbatten School
- 7.1kmOasis Academy Lord's Hill
More reading links
Public Transport Nearby
Romsey station is the nearest stop to 38, Mercer Way, Romsey at 600 metres away.
- 600mRomsey
- 6.0kmMottisfont & Dunbridge
- 7.3kmChandlers Ford
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
