According to the public record, 2, Laburnum Road, Fareham is a mid-century freehold house and with 1,097 ft2 of internal area and sits on a 251 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Laburnum Road, Fareham, PO16 is located in the borough of Fareham within the PO16 postal district.
2, Laburnum Road, Fareham has 31 entries in the Land Registry database, most recently in June 2008 and a single entry in the EPC database dated June 2023.
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 Laburnum Road Fareham as £323,947 and the rental value as £1,568 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 2 Laburnum Road Fareham has increased by £7,673 (2.4%) and its rental value has increased by £101 per month (6.5%).
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, Laburnum Road, Fareham is in very good condition we estimate a sale value of £340,145 and rental value of £1,647 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £301,271 and a rental value of £1,458 per month.
If you were able to purchase this property for the estimated value of £323,947, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,592 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, Laburnum Road, Fareham sits on a plot of 251m2.
We have plot size data on 20 out of 40 other houses in the postcode and 2, Laburnum Road, Fareham sits on the 20th largest plot.
According to HM Land Registry, 2, Laburnum Road, Fareham was last sold on 27 Jun 2008 for £205,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jun 2008, the market for similar properties has risen 79.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Laburnum Road, Fareham within a radius of 370m over the last 2 years.
The most recent example is 2, Salterns Estate, Fareham, PO16 0SE, a Freehold house which sold for £300,000 in Mar 2022.
Read more about house prices in PO16.
Laburnum Road, Fareham, PO16 has a total of 103 addresses. According to our analysis of all the public data, 2, Laburnum Road, Fareham is the 5th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £18k less expensive than the average property in PO16.
2, Laburnum Road, Fareham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jun 2023.
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 2, Laburnum Road, Fareham is Fareham station which is 1.5 km 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, Laburnum Road, Fareham, 41.9% of property is privately owned with a mortgage and 39.1% 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 2, Laburnum Road, Fareham, 16.3% of residents are recorded as possessing school level qualifications and 33.2% 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 2, Laburnum Road, Fareham, the average age was 44.9 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 2, Laburnum Road, 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, Laburnum Road, Fareham, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.