According to the public record, 15, Postern Close, Fareham is a modern leasehold apartment and with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 15, Postern Close, Portchester, Fareham, PO16.
Postern Close, Portchester, Fareham, PO16 is located in the borough of Fareham within the PO16 postal district.
15, Postern Close, Fareham has 2 entries in the Land Registry database, most recently in February 2023 and 2 entries in the EPC database, most recently in 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 15 Postern Close Fareham as £207,985 and the rental value as £881 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 15 Postern Close Fareham has increased by £6,460 (3.1%) and its rental value has increased by £63 per month (7.2%).
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, Postern Close, Fareham is in very good condition we estimate a sale value of £218,384 and rental value of £925 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £193,426 and a rental value of £819 per month.
If you were able to purchase this property for the estimated value of £207,985, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,022 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 HM Land Registry, 15, Postern Close, Fareham was last sold on 03 Feb 2023 for £225,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2023, the market for similar properties has risen 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Postern Close, Fareham within a radius of 31m over the last 2 years.
The most recent example is 17A, Postern Close, Fareham, PO16 9NB, a Leasehold flat which sold for £230,000 in Oct 2023.
Read more about house prices in PO16.
Postern Close, Portchester, Fareham, PO16 has a total of 60 addresses. According to our analysis of all the public data, 15, Postern Close, Fareham is the 23rd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £134k less expensive than the average property in PO16.
15, Postern Close, Fareham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 May 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 15, Postern Close, Fareham is Portchester station which is 300 m 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, Postern Close, Fareham, 61.4% of property is privately owned outright and 19.3% 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 15, Postern Close, Fareham, 12.1% of residents are recorded as possessing school level qualifications and 23.7% 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, Postern Close, Fareham, the average age was 46.1 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, Postern Close, Fareham, 1.8% 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, Postern Close, Fareham, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.