According to the public record, 12, Oriel Drive, Fareham is a modern freehold house with 1,743 ft2 of internal area and sits on a 411 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Oriel Drive, Fareham, PO14 is located in the borough of Fareham within the PO14 postal district.
12, Oriel Drive, Fareham has a single entry in the Land Registry database from June 2022 and a single entry in the EPC database dated May 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 12 Oriel Drive Fareham as £565,354 and the rental value as £2,116 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 12 Oriel Drive Fareham has increased by £14,468 (2.6%) and its rental value has increased by £133 per month (6.3%).
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 12, Oriel Drive, Fareham is in very good condition we estimate a sale value of £593,622 and rental value of £2,222 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £525,779 and a rental value of £1,968 per month.
If you were able to purchase this property for the estimated value of £565,354, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,779 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, 12, Oriel Drive, Fareham sits on a plot of 411m2.
We have plot size data on 6 out of 14 other houses in the postcode and 12, Oriel Drive, Fareham sits on the 2nd largest plot.
According to HM Land Registry, 12, Oriel Drive, Fareham was last sold on 28 Jun 2022 for £550,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2022, the market for similar properties has dropped 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Oriel Drive, Fareham within a radius of 750 metres over the last 2 years.
The most recent example is 77, Cyprus Road, Fareham, PO14 4LA, a Freehold house which sold for £599,950 in Sep 2022.
Read more about house prices in PO14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oriel Drive, Fareham, PO14 has a total of 14 addresses. According to our analysis of all the public data, 12, Oriel Drive, Fareham is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £176k more expensive than the average property in PO14.
12, Oriel Drive, Fareham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 May 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 12, Oriel Drive, Fareham is Swanwick station which is 2.6 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 12, Oriel Drive, Fareham, 36.3% of property is privately owned with a mortgage and 31.4% 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 12, Oriel Drive, Fareham, 15.6% of residents are recorded as possessing school level qualifications and 38.6% 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 12, Oriel Drive, Fareham, the average age was 43.7 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 12, Oriel Drive, Fareham, 0.9% 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 12, Oriel Drive, 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.