According to the public record, 107, Mill Road, Fareham is a early-century freehold house with 1,087 ft2 of internal area and sits on a 277 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mill Road, Fareham, PO16 is located in the borough of Fareham within the PO16 postal district.
107, Mill Road, Fareham has 51 entries in the Land Registry database, most recently in November 2022 and a single entry in the EPC database dated September 2022.
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 107 Mill Road Fareham as £345,950 and the rental value as £1,584 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 107 Mill Road Fareham has increased by £10,390 (3.0%) and its rental value has increased by £111 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 107, Mill Road, Fareham is in very good condition we estimate a sale value of £363,247 and rental value of £1,663 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £321,733 and a rental value of £1,473 per month.
If you were able to purchase this property for the estimated value of £345,950, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,700 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, 107, Mill Road, Fareham sits on a plot of 277m2.
We have plot size data on 7 out of 14 other houses in the postcode and 107, Mill Road, Fareham sits on the largest plot.
According to HM Land Registry, 107, Mill Road, Fareham was last sold on 18 Nov 2022 for £355,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Nov 2022, the market for similar properties has dropped 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 107, Mill Road, Fareham within a radius of 570 metres over the last 2 years.
The most recent example is 89, Mill Road, Fareham, PO16 0TT, a Freehold house which sold for £337,500 in Oct 2023.
Read more about house prices in PO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Road, Fareham, PO16 has a total of 90 addresses. According to our analysis of all the public data, 107, Mill Road, Fareham is the 16th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £4k more expensive than the average property in PO16.
107, Mill Road, Fareham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Sep 2022.
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 107, Mill Road, Fareham is Fareham station which is 800 metres 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 107, Mill Road, Fareham, 32.7% of property is privately owned outright and 29.0% 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 107, Mill Road, Fareham, 15.5% of residents are recorded as possessing school level qualifications and 20.0% 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 107, Mill Road, Fareham, the average age was 40.4 and the most common age was 32.
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 107, Mill Road, Fareham, 0.4% 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 107, Mill Road, Fareham, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.