According to the public record, 1, Orchid Close, Fareham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,556 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Orchid Close, Knowle, Fareham, PO17 is located in the borough of Winchester within the PO17 postal district.
1, Orchid Close, Fareham has a single entry in the Land Registry database from February 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Orchid Close Fareham as £487,100 and the rental value as £2,014 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 1 Orchid Close Fareham has increased by £7,189 (1.5%) and its rental value has increased by £125 per month (6.2%).
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, Orchid Close, Fareham is in very good condition we estimate a sale value of £511,455 and rental value of £2,115 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £453,003 and a rental value of £1,873 per month.
If you were able to purchase this property for the estimated value of £487,100, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,394 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, Orchid Close, Fareham was last sold on 07 Feb 2007 for £354,250 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2007, the market for similar properties has risen 44.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Orchid Close, Fareham within a radius of 51m over the last 2 years.
The most recent example is 7, Orchid Close, Fareham, PO17 5GG, a Freehold house which sold for £469,950 in Jun 2021.
Read more about house prices in PO17.
Orchid Close, Knowle, Fareham, PO17 has a total of 14 addresses. According to our analysis of all the public data, 1, Orchid Close, Fareham is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £32k more expensive than the average property in PO17.
The closest station to 1, Orchid Close, Fareham is Fareham station which is 3.2 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, Orchid Close, Fareham, 53.9% of property is privately owned with a mortgage and 16.1% 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, Orchid Close, Fareham, 24.6% of residents are recorded as possessing school level qualifications and 42.3% 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, Orchid Close, Fareham, the average age was 41.4 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 1, Orchid 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, Orchid Close, 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.