According to the public record, 12, Redlands Lane, Fareham is a modern house with 678 ft2 of internal area and sits on a 436 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Redlands Lane, Fareham, PO14 is located in the borough of Fareham within the PO14 postal district.
12, Redlands Lane, Fareham has no recent1 records in the Land Registry database and a single entry in the EPC database dated February 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 12 Redlands Lane Fareham as £277,033 and the rental value as £1,400 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 12 Redlands Lane Fareham has increased by £8,977 (3.2%) and its rental value has increased by £99 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 12, Redlands Lane, Fareham is in very good condition we estimate a sale value of £290,884 and rental value of £1,470 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,641 and a rental value of £1,302 per month.
If you were able to purchase this property for the estimated value of £277,033, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,362 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, Redlands Lane, Fareham sits on a plot of 436m2.
We have plot size data on 7 out of 12 other houses in the postcode and 12, Redlands Lane, Fareham sits on the 4th largest plot.
According to HM Land Registry, 12, Redlands Lane, Fareham was last sold on 12 Jul 1996 for £73,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Redlands Lane, Fareham within a radius of 600 metres over the last 2 years.
The most recent example is 8, Redlands Lane, Fareham, PO14 1EY, a Freehold house which sold for £275,000 in Feb 2022.
Read more about house prices in PO14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redlands Lane, Fareham, PO14 has a total of 209 addresses. According to our analysis of all the public data, 12, Redlands Lane, Fareham is the 114th largest and the 104th most expensive property on the street.
When compared to the postcode district it is £113k less expensive than the average property in PO14.
12, Redlands Lane, Fareham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Feb 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 12, Redlands Lane, Fareham is Fareham station which is 200 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 12, Redlands Lane, Fareham, 54.3% of property is privately owned with a mortgage and 23.1% 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 12, Redlands Lane, Fareham, 19.2% of residents are recorded as possessing school level qualifications and 34.9% 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, Redlands Lane, 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 12, Redlands 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 12, Redlands Lane, 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.