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According to the public record, Flat 3, 24, Oval Road, Romsey is a modern leasehold apartment with 556 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 Flat 3, 24, Oval Road, Romsey is £185,965 and the estimated rental value is £944 per month.
The apartment is within 24, Oval Road, Lockerley, Romsey, SO51.
Oval Road, Lockerley, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
Flat 3, 24, Oval Road, Romsey has a single entry in the Land Registry from October 2017 and a single entry in the EPC database dated January 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 Flat 3, 24, Oval Road, Romsey is in very good condition we estimate a sale value of £195,263 and a rental value of £992 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £172,947 and a rental value of £878 per month.
Over the last 12 months the sale value of Flat 3 24 Oval Road Romsey has decreased by an estimated £6,256 (3.4%) and its rental value has increased by an estimated £26 per month (2.7%), giving an expected gross yield of 6.1%.
Flat 3, 24, Oval Road, Romsey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jan 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 3, 24, Oval Road, Romsey was last sold on 27th October 2017 for £148,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2017, the market for similar properties has risen 71.2%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 3, 24, Oval Road, Romsey within a radius of 4.7 kilometres over the last 2 years.
The most recent example is Flat 1, 24, Oval Road, Romsey, SO51 0JB, a leasehold flat which sold for £175,000 on the 10th February 2021.
Read more about house prices in SO51.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oval Road, Lockerley, Romsey, SO51 has a total of 27 addresses. According to our analysis of all the public data, Flat 3, 24, Oval Road, Romsey is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £305k less expensive than the average property in SO51.
The closest station to Flat 3, 24, Oval Road, Romsey is Mottisfont & Dunbridge station which is 1.9 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 Flat 3, 24, Oval Road, Romsey, 42.2% of property is socially rented and 22.9% 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 Flat 3, 24, Oval Road, Romsey, 25.0% of residents are recorded as possessing school level qualifications and 28.6% 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 Flat 3, 24, Oval Road, Romsey, the average age was 46.5 and the most common age was 52.
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 Flat 3, 24, Oval Road, 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 Flat 3, 24, Oval Road, Romsey, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.
