According to the public record, 16, Park Walk, Fareham is a mid-century freehold house with 1,097 ft2 of internal area and sits on a 211 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Park Walk, Fareham, PO15 is located in the borough of Fareham within the PO15 postal district.
16, Park Walk, Fareham has 21 entries in the Land Registry database, most recently in August 2021 and a single entry in the EPC database dated March 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 16 Park Walk Fareham as £289,278 and the rental value as £1,416 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 16 Park Walk Fareham has increased by £9,273 (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 16, Park Walk, Fareham is in very good condition we estimate a sale value of £303,742 and rental value of £1,487 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £269,028 and a rental value of £1,317 per month.
If you were able to purchase this property for the estimated value of £289,278, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,422 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, 16, Park Walk, Fareham sits on a plot of 211m2.
We have plot size data on 14 out of 22 other houses in the postcode and 16, Park Walk, Fareham sits on the 2nd largest plot.
According to HM Land Registry, 16, Park Walk, Fareham was last sold on 26 Aug 2021 for £262,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2021, the market for similar properties has risen 7.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Park Walk, Fareham within a radius of 530 metres over the last 2 years.
The most recent example is 41, Hillson Drive, Fareham, PO15 6NL, a Freehold house which sold for £195,000 in Dec 2023.
Read more about house prices in PO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Walk, Fareham, PO15 has a total of 46 addresses. According to our analysis of all the public data, 16, Park Walk, Fareham is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in PO15.
16, Park Walk, Fareham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Mar 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 16, Park Walk, Fareham is Fareham station which is 1.6 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 16, Park Walk, Fareham, 41.9% of property is privately owned with a mortgage and 33.9% 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 16, Park Walk, Fareham, 18.8% of residents are recorded as possessing school level qualifications and 23.9% 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 16, Park Walk, Fareham, the average age was 43.1 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 16, Park Walk, Fareham, 0.6% 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 16, Park Walk, 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.