According to the public record, 24, Oak Road, Fareham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,010 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Oak Road, Fareham, PO15 is located in the borough of Fareham within the PO15 postal district.
24, Oak Road, Fareham has 51 entries in the Land Registry database, most recently in February 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 24 Oak Road Fareham as £303,810 and the rental value as £1,486 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 24 Oak Road Fareham has increased by £9,719 (3.2%) and its rental value has increased by £104 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 24, Oak Road, Fareham is in very good condition we estimate a sale value of £319,000 and rental value of £1,560 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £282,543 and a rental value of £1,382 per month.
If you were able to purchase this property for the estimated value of £303,810, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,493 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, 24, Oak Road, Fareham was last sold on 26 Feb 2010 for £178,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Feb 2010, the market for similar properties has risen 71.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Oak Road, Fareham within a radius of 540 metres over the last 2 years.
The most recent example is 15, Marigold Close, Fareham, PO15 5HF, a Freehold house which sold for £330,000 in Jun 2024.
Read more about house prices in PO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak Road, Fareham, PO15 has a total of 207 addresses. According to our analysis of all the public data, 24, Oak Road, Fareham is the 37th largest and the 138th most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in PO15.
The closest station to 24, Oak Road, Fareham is Fareham station which is 900 metres 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 24, Oak Road, Fareham, 34.8% of property is privately owned outright and 33.3% 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 24, Oak Road, Fareham, 19.3% of residents are recorded as possessing school level qualifications and 29.2% 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 24, Oak Road, Fareham, the average age was 47.2 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 24, Oak Road, 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 24, Oak 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.