According to the public record, 2, Fay Close, Fareham is a mid-century freehold house with 904 ft2 of internal area and sits on a 286 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Fay Close, Fareham, PO14 is located in the borough of Fareham within the PO14 postal district.
2, Fay Close, Fareham has 2 entries in the Land Registry database, most recently in June 2018 and a single entry in the EPC database dated May 2012.
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 2 Fay Close Fareham as £385,469 and the rental value as £1,640 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 2 Fay Close Fareham has increased by £9,818 (2.5%) and its rental value has increased by £116 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 2, Fay Close, Fareham is in very good condition we estimate a sale value of £404,743 and rental value of £1,722 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £358,486 and a rental value of £1,526 per month.
If you were able to purchase this property for the estimated value of £385,469, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,894 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, 2, Fay Close, Fareham sits on a plot of 286m2.
We have plot size data on 11 out of 17 other houses in the postcode and 2, Fay Close, Fareham sits on the 9th largest plot.
According to HM Land Registry, 2, Fay Close, Fareham was last sold on 26 Jun 2018 for £360,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2018, the market for similar properties has risen 25.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Fay Close, Fareham within a radius of 610 metres over the last 2 years.
The most recent example is 43, Nursery Lane, Fareham, PO14 2PY, a Freehold house which sold for £365,000 in Jul 2023.
Read more about house prices in PO14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 610 metres radius of 2, Fay Close, Fareham over the last 2 years.
Most recently 65A, Stubbington Lane, Fareham, PO14 2PG, a Freehold house let by GS Homes in Jan 2024.
Fay Close, Fareham, PO14 has a total of 17 addresses. According to our analysis of all the public data, 2, Fay Close, Fareham is the 9th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £4k less expensive than the average property in PO14.
2, Fay Close, Fareham has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 22 May 2012.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 2, Fay Close, Fareham is Fareham station which is 3.8 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 2, Fay Close, Fareham, 68.6% of property is privately owned outright and 21.5% 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 2, Fay Close, Fareham, 11.3% of residents are recorded as possessing school level qualifications and 28.6% 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 2, Fay Close, Fareham, the average age was 48.1 and the most common age was 72.
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 2, Fay Close, 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 2, Fay Close, 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.