8, Mercer Way
8, Mercer Way
Description & Estimates
The public record describes 8, Mercer Way, Romsey as a mid-century apartment with 505 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
8, Mercer Way, Romsey has an estimated sale value of £143,543 and an estimated rental value of £811 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
8, Mercer Way, Romsey has no records in the the Land Registry and a single entry in the EPC database dated November 2022.
We combine this information with public data 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.
Price Range & Condition
In very good condition, we estimate 8, Mercer Way, Romsey would be worth £150,720, with a potential rental value of £852 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £133,495, with a rental value of £754 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 8, Mercer Way, Romsey has dropped by £4,829 (3.4%) over the last year. During the same period, its estimated monthly rental value has risen by £22 (2.7%). The property's estimated gross yield is currently 6.8%.
Energy Efficiency
8, Mercer Way, Romsey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Nov 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 620 metres of 8, Mercer Way, Romsey across the last 2 years.
Most recently, 20, Mercer Way, Romsey, SO51 7QH, a leasehold flat, sold at £380,000 on the 17th October 2024.
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
Our analysis of the public data ranks 8, Mercer Way, Romsey as the 169th largest and the 187th most expensive of the 198 addresses on Mercer Way, Romsey, SO51.
Against the SO51 postcode district average, it is £348k less expensive than the typical property.
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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 8, 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.
