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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, 97, Mercer Way, Romsey is a mid-century leasehold apartment with 516 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 97, Mercer Way, Romsey is £155,670 and the estimated rental value is £875 per month.
Mercer Way, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
97, Mercer Way, Romsey has 31 entries in the Land Registry , most recently in September 2011 and a single entry in the EPC database dated April 2011.
We combine this information with that 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 97, Mercer Way, Romsey is in very good condition we estimate a sale value of £163,454 and a rental value of £919 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £144,773 and a rental value of £814 per month.
Over the last 12 months the sale value of 97 Mercer Way Romsey has decreased by an estimated £5,237 (3.4%) and its rental value has increased by an estimated £24 per month (2.7%), giving an expected gross yield of 6.7%.
97, Mercer Way, Romsey has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Apr 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 97, Mercer Way, Romsey was last sold on 21st September 2011 for £125,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since September 2011, the market for similar properties has risen 71.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 97, Mercer Way, Romsey within a radius of 590 metres over the last 2 years.
The most recent example is 62, Latham Road, Romsey, SO51 7DB, a leasehold flat which sold for £188,500 on the 1st December 2023.
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, 97, Mercer Way, Romsey is the 164th largest and the 168th most expensive property on the street.
When compared to the postcode district it is £336k less expensive than the average property in SO51.
The closest station to 97, 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 97, 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 97, 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 97, 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 97, 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 97, 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.
