According to the public record, 1 The Hornbeams, Chalford Grange, Fareham is a modern leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 1, Chalford Grange, Fareham, PO15.
Chalford Grange, Fareham, PO15 is located in the borough of Fareham within the PO15 postal district.
1 The Hornbeams, Chalford Grange, Fareham has 3 entries in the Land Registry database, most recently in January 2023 and a single entry in the EPC database dated April 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 The Hornbeams Chalford Grange Fareham as £233,359 and the rental value as £1,076 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 1 The Hornbeams Chalford Grange Fareham has increased by £7,514 (3.2%) and its rental value has increased by £74 per month (6.9%).
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 1 The Hornbeams, Chalford Grange, Fareham is in very good condition we estimate a sale value of £245,027 and rental value of £1,129 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £217,024 and a rental value of £1,000 per month.
If you were able to purchase this property for the estimated value of £233,359, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,147 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1 The Hornbeams, Chalford Grange, Fareham was last sold on 04 Jan 2023 for £210,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jan 2023, the market for similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 The Hornbeams, Chalford Grange, Fareham within a radius of 590 metres over the last 2 years.
The most recent example is 4 The Blackthorns, Chalford Grange, Fareham, PO15 5SQ, a Leasehold flat which sold for £199,950 in Apr 2024.
Read more about house prices in PO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chalford Grange, Fareham, PO15 has a total of 38 addresses. According to our analysis of all the public data, 1 The Hornbeams, Chalford Grange, Fareham is the 23rd largest and the 16th most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in PO15.
1 The Hornbeams, Chalford Grange, Fareham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Apr 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1 The Hornbeams, Chalford Grange, Fareham is Fareham station which is 1.2 kilometres away.
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 1 The Hornbeams, Chalford Grange, Fareham, 50.7% of property is privately owned outright and 34.1% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 1 The Hornbeams, Chalford Grange, Fareham, 11.5% of residents are recorded as possessing school level qualifications and 33.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1 The Hornbeams, Chalford Grange, Fareham, the average age was 48.1 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 1 The Hornbeams, Chalford Grange, Fareham, 1.2% 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 1 The Hornbeams, Chalford Grange, Fareham, 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.