According to the public record, 108, Gudge Heath Lane, Fareham is a early-century freehold house with 808 ft2 of internal area and sits on a 272 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Gudge Heath Lane, Fareham, PO15 is located in the borough of Fareham within the PO15 postal district.
108, Gudge Heath Lane, Fareham has 31 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated February 2011.
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 108 Gudge Heath Lane Fareham as £310,020 and the rental value as £1,458 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 108 Gudge Heath Lane Fareham has increased by £9,282 (3.0%) and its rental value has increased by £100 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 108, Gudge Heath Lane, Fareham is in very good condition we estimate a sale value of £325,521 and rental value of £1,531 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £288,319 and a rental value of £1,356 per month.
If you were able to purchase this property for the estimated value of £310,020, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,524 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, 108, Gudge Heath Lane, Fareham sits on a plot of 272m2.
We have plot size data on 17 out of 28 other houses in the postcode and 108, Gudge Heath Lane, Fareham sits on the 14th largest plot.
According to HM Land Registry, 108, Gudge Heath Lane, Fareham was last sold on 18 Dec 2020 for £215,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2020, the market for similar properties has risen 14.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 108, Gudge Heath Lane, Fareham within a radius of 560 metres over the last 2 years.
The most recent example is 13, Oak Road, Fareham, PO15 5EY, a Freehold house which sold for £281,000 in Jun 2021.
Read more about house prices in PO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gudge Heath Lane, Fareham, PO15 has a total of 229 addresses. According to our analysis of all the public data, 108, Gudge Heath Lane, Fareham is the 192nd largest and the 183rd most expensive property on the street.
When compared to the postcode district it is £63k less expensive than the average property in PO15.
108, Gudge Heath Lane, Fareham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Feb 2011.
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 108, Gudge Heath Lane, Fareham is Fareham station which is 700 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 108, Gudge Heath Lane, Fareham, 52.9% of property is privately owned outright and 39.3% 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 108, Gudge Heath Lane, Fareham, 12.2% of residents are recorded as possessing school level qualifications and 29.3% 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 108, Gudge Heath Lane, Fareham, the average age was 47.2 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 108, Gudge Heath Lane, 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 108, Gudge Heath Lane, 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.