According to the public record, 29, Malvern Avenue, Fareham is a mid-century freehold house with 1,054 ft2 of internal area and sits on a 363 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Malvern Avenue, Fareham, PO14 is located in the borough of Fareham within the PO14 postal district.
29, Malvern Avenue, Fareham has a single entry in the Land Registry database from March 2023 and a single entry in the EPC database dated January 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 29 Malvern Avenue Fareham as £323,772 and the rental value as £1,565 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 29 Malvern Avenue Fareham has increased by £10,817 (3.3%) and its rental value has increased by £109 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 29, Malvern Avenue, Fareham is in very good condition we estimate a sale value of £339,961 and rental value of £1,643 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £301,108 and a rental value of £1,455 per month.
If you were able to purchase this property for the estimated value of £323,772, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,591 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, 29, Malvern Avenue, Fareham sits on a plot of 363m2.
We have plot size data on 4 out of 14 other houses in the postcode and 29, Malvern Avenue, Fareham sits on the largest plot.
According to HM Land Registry, 29, Malvern Avenue, Fareham was last sold on 31 Mar 2023 for £318,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2023, the market for similar properties has risen 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Malvern Avenue, Fareham within a radius of 630 metres over the last 2 years.
The most recent example is 20, Middleton Close, Fareham, PO14 1QN, a Freehold house which sold for £305,000 in Nov 2023.
Read more about house prices in PO14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malvern Avenue, Fareham, PO14 has a total of 39 addresses. According to our analysis of all the public data, 29, Malvern Avenue, Fareham is the 19th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in PO14.
29, Malvern Avenue, Fareham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jan 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 29, Malvern Avenue, Fareham is Fareham station which is 1.2 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 29, Malvern Avenue, Fareham, 57.3% of property is privately owned outright and 32.5% 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 29, Malvern Avenue, Fareham, 14.2% of residents are recorded as possessing school level qualifications and 23.4% 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 29, Malvern Avenue, 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 29, Malvern Avenue, Fareham, 0.8% 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 29, Malvern Avenue, 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.