According to the public record, 15, Fern Way, Fareham is a modern freehold house with 1,679 ft2 of internal area and sits on a 857 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Fern Way, Fareham, PO15 is located in the borough of Fareham within the PO15 postal district.
15, Fern Way, Fareham has a single entry in the Land Registry database from August 2023 and a single entry in the EPC database dated July 2020.
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 15 Fern Way Fareham as £585,692 and the rental value as £2,198 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 15 Fern Way Fareham has increased by £10,591 (1.8%) and its rental value has increased by £124 per month (5.6%).
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 15, Fern Way, Fareham is in very good condition we estimate a sale value of £614,977 and rental value of £2,308 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £544,694 and a rental value of £2,044 per month.
If you were able to purchase this property for the estimated value of £585,692, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,878 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, 15, Fern Way, Fareham sits on a plot of 857m2.
We have plot size data on 18 out of 28 other houses in the postcode and 15, Fern Way, Fareham sits on the 3rd largest plot.
According to HM Land Registry, 15, Fern Way, Fareham was last sold on 18 Aug 2023 for £581,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2023, the market for similar properties has risen 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Fern Way, Fareham within a radius of 860 metres over the last 2 years.
The most recent example is 49, Titchfield Park Road, Fareham, PO15 5RN, a Freehold house which sold for £530,000 in Feb 2022.
Read more about house prices in PO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fern Way, Fareham, PO15 has a total of 28 addresses. According to our analysis of all the public data, 15, Fern Way, Fareham is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £213k more expensive than the average property in PO15.
15, Fern Way, Fareham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jul 2020.
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 15, Fern Way, Fareham is Swanwick station which is 2.0 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 15, Fern Way, Fareham, 46.8% of property is privately owned outright and 41.6% 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 15, Fern Way, Fareham, 16.6% of residents are recorded as possessing school level qualifications and 35.2% 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 15, Fern Way, Fareham, the average age was 42.6 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 15, Fern Way, 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 15, Fern Way, Fareham, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.