According to the public record, 23, Compass Point, Fareham is a modern leasehold apartment and with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Compass Point, Fareham, PO16 is located in the borough of Fareham within the PO16 postal district.
23, Compass Point, Fareham has a single entry in the Land Registry database from December 2007 and 2 entries in the EPC database, most recently in June 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 23 Compass Point Fareham as £152,261 and the rental value as £814 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 23 Compass Point Fareham has increased by £4,746 (3.1%) and its rental value has increased by £58 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 23, Compass Point, Fareham is in very good condition we estimate a sale value of £159,874 and rental value of £855 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £141,603 and a rental value of £757 per month.
If you were able to purchase this property for the estimated value of £152,261, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £748 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, 23, Compass Point, Fareham was last sold on 19 Dec 2007 for £122,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2007, the market for similar properties has risen 38.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Compass Point, Fareham within a radius of 44m over the last 2 years.
The most recent example is 41, Compass Point, Fareham, PO16 0LJ, a Leasehold flat which sold for £178,000 in Apr 2023.
Read more about house prices in PO16.
Compass Point, Fareham, PO16 has a total of 42 addresses. According to our analysis of all the public data, 23, Compass Point, Fareham is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £190k less expensive than the average property in PO16.
23, Compass Point, Fareham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jun 2020.
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 23, Compass Point, Fareham is Fareham station which is 900 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 23, Compass Point, Fareham, 33.1% of property is privately owned with a mortgage and 31.4% 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 23, Compass Point, Fareham, 13.3% of residents are recorded as possessing school level qualifications and 30.2% 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 23, Compass Point, 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 23, Compass Point, 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 23, Compass Point, Fareham, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.