197, CUTFORTH WAY, ROMSEY, SO51 0BG - £173,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

197 CUTFORTH WAY is a midsized flat of 57m², built in 2014, which could now be worth an estimated £184,461. It was last sold for £173,000 in April 2018, which was around 8% above the average April 2018 flat price in the Test Valley local authority area. The most recent EPC inspection was September 2015, where the current energy rating was B, and the potential energy rating was B.

197 CUTFORTH WAY Sold Prices

Land registry data shows two sales for 197 CUTFORTH WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Test Valley local authority area for the corresponding sale date. Both of the two 197 CUTFORTH WAY sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 12 APR	£173,000	£160,924	8% above HPI
2015 23 OCT	£152,500	£142,121	7% above HPI

What might 197 CUTFORTH WAY be worth now?

197 CUTFORTH WAY might now be worth an estimated £184,461.

This is based on house price inflation of 6.6%, between April 2018 and May 2026, for flats, in the Test Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.6% inflationary increase is applied to the most recent sale price for 197 CUTFORTH WAY of £173,000 on 12th April 2018. For the value to have increased from £173,000 to £184,461 over the seven years and eleven months to May 2026, the following assumptions must hold true:

• The value of 197 CUTFORTH WAY has moved in line with the HPI for flats in the Test Valley local authority area.
• The April 2018 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 197 CUTFORTH WAY has not materially changed since April 2018.

How Large is 197 CUTFORTH WAY?

197 CUTFORTH WAY is 57m² according to the EPC inspection conducted in September 2015. This puts it in the largest 50% of flats in Romsey, based on EPC data. 52% of flats are smaller than 197 CUTFORTH WAY, and 46% of flats are larger. Note that EPC data is not available for all properties in Romsey.

197 CUTFORTH WAY: Plot

197 CUTFORTH WAY sits on a plot of roughly 0.077 of an acre, or 310m².

Where is 197 CUTFORTH WAY?

197 CUTFORTH WAY is located in ROMSEY, in the SO51 postcode district.