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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
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According to the public record, 87, Mercer Way, Romsey is a mid-century apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 87, Mercer Way, Romsey is £173,285 and the estimated rental value is £911 per month.
Mercer Way, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
87, Mercer Way, Romsey has no records in the the Land Registry and a single entry in the EPC database dated March 2024.
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.
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 87, Mercer Way, Romsey is in very good condition we estimate a sale value of £181,949 and a rental value of £956 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £161,155 and a rental value of £847 per month.
Over the past 12 months, the estimated sale value of 87, Mercer Way, Romsey has moved down by £5,830 (3.4%), while its estimated rental value has increased by £25 per month (2.7%). Based on current estimates, the property offers a gross rental yield of 6.3%.
87, Mercer Way, Romsey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 87, Mercer Way, Romsey within a radius of 590 metres over the last 2 years.
The most recent example is Flat 28, Nightingale House, Great Well Drive, Romsey, SO51 7QN, a leasehold flat which sold for £145,000 on the 29th March 2021.
Read more about house prices in SO51.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mercer Way, Romsey, SO51 has a total of 198 addresses. According to our analysis of all the public data, 87, Mercer Way, Romsey is the 125th largest and the 139th most expensive property on the street.
When compared to the postcode district it is £318k less expensive than the average property in SO51.
The closest station to 87, Mercer Way, Romsey is Romsey station, which is 400 metres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 87, Mercer Way, Romsey, 57.7% of property is socially rented and 17.9% is privately owned outright.
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 87, Mercer Way, Romsey, 10.7% of residents are recorded as possessing school level qualifications and 23.9% 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 87, Mercer Way, Romsey, the average age was 45.8 and the most common age was 72.
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 87, Mercer Way, Romsey, 0.0% 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 87, Mercer Way, Romsey, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
