According to the public record, 1, Lower Quay Close, Fareham is a mid-century freehold house and with 990 ft2 of internal area and sits on a 165 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lower Quay Close, Fareham, PO16 is located in the borough of Fareham within the PO16 postal district.
1, Lower Quay Close, Fareham has a single entry in the Land Registry database from September 2021 and a single entry in the EPC database dated March 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 Lower Quay Close Fareham as £304,466 and the rental value as £1,470 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 1 Lower Quay Close Fareham has increased by £8,884 (2.9%) and its rental value has increased by £103 per month (7.0%).
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, Lower Quay Close, Fareham is in very good condition we estimate a sale value of £319,690 and rental value of £1,543 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £283,154 and a rental value of £1,367 per month.
If you were able to purchase this property for the estimated value of £304,466, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,496 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 data from HM Land Registry, 1, Lower Quay Close, Fareham sits on a plot of 165m2.
We have plot size data on 8 out of 12 other houses in the postcode and 1, Lower Quay Close, Fareham sits on the 2nd largest plot.
According to HM Land Registry, 1, Lower Quay Close, Fareham was last sold on 28 Sep 2021 for £280,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2021, the market for similar properties has risen 4.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Lower Quay Close, Fareham within a radius of 144m over the last 2 years.
The most recent example is 10, Holbrook Road, Fareham, PO16 0TL, a Freehold house which sold for £250,000 in Sep 2023.
Read more about house prices in PO16.
Lower Quay Close, Fareham, PO16 has a total of 12 addresses. According to our analysis of all the public data, 1, Lower Quay Close, Fareham is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in PO16.
1, Lower Quay Close, Fareham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Mar 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, Lower Quay Close, Fareham is Fareham station which is 1.1 km 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, Lower Quay Close, Fareham, 40.3% of property is privately owned with a mortgage and 32.6% is privately owned outright.
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, Lower Quay Close, Fareham, 18.2% of residents are recorded as possessing school level qualifications and 30.5% 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, Lower Quay Close, Fareham, the average age was 44.9 and the most common age was 57.
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, Lower Quay Close, Fareham, 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 1, Lower Quay Close, Fareham, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.