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According to the public record, 7, Stanbridge Lakes, Romsey is a modern freehold house with 2,734 ft2 of internal area and sits on a 765 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Stanbridge Lakes, Romsey is £1,218,445 and the estimated rental value is £2,441 per month.
Stanbridge Lakes, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
7, Stanbridge Lakes, Romsey has 2 entries in the Land Registry , most recently in January 2024 and a single entry in the EPC database dated October 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 7, Stanbridge Lakes, Romsey is in very good condition we estimate a sale value of £1,279,367 and a rental value of £2,563 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,133,154 and a rental value of £2,270 per month.
Over the last 12 months the sale value of 7 Stanbridge Lakes Romsey has decreased by an estimated £35,559 (2.9%) and its rental value has increased by an estimated £72 per month (3.0%), giving an expected gross yield of 2.4%.
According to data from HM Land Registry, 7, Stanbridge Lakes, Romsey sits on a plot of 765m2.
We have plot size data on 7 out of 7 other houses in the postcode and 7, Stanbridge Lakes, Romsey sits on the 2nd largest plot.
7, Stanbridge Lakes, Romsey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Oct 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, underfloor, electric.
According to HM Land Registry, 7, Stanbridge Lakes, Romsey was last sold on 17th January 2024 for £1,300,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2024, the market for similar properties has dropped 11.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Stanbridge Lakes, Romsey within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 1 Roke Farm Cottages, Old Salisbury Lane, Romsey, SO51 0GD, a freehold house which sold for £1,350,000 on the 25th February 2022.
Read more about house prices in SO51.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stanbridge Lakes, Romsey, SO51 has a total of 7 addresses. According to our analysis of all the public data, 7, Stanbridge Lakes, Romsey is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £727k more expensive than the average property in SO51.
The closest station to 7, Stanbridge Lakes, Romsey is Romsey station which is 2.4 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Stanbridge Lakes, 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 7, Stanbridge Lakes, 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 7, Stanbridge Lakes, 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 7, Stanbridge Lakes, 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 7, Stanbridge Lakes, 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.