According to the public record, 29, Park Lane, Fareham is a mid-century house with 1,657 ft2 of internal area and sits on a 1,022 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Park Lane, Fareham, PO16 is located in the borough of Fareham within the PO16 postal district.
29, Park Lane, Fareham has no records in the Land Registry database and a single entry in the EPC database dated July 2024.
We combine this information with public data 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 Park Lane Fareham as £673,337 and the rental value as £2,226 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 29 Park Lane Fareham has increased by £10,739 (1.6%) and its rental value has increased by £127 per month (5.7%).
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, Park Lane, Fareham is in very good condition we estimate a sale value of £707,004 and rental value of £2,337 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £626,203 and a rental value of £2,070 per month.
If you were able to purchase this property for the estimated value of £673,337, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,309 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, Park Lane, Fareham sits on a plot of 1022m2.
We have plot size data on 11 out of 18 other houses in the postcode and 29, Park Lane, Fareham sits on the 10th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Park Lane, Fareham within a radius of 127m over the last 2 years.
The most recent example is 56, Park Lane, Fareham, PO16 7LB, a Freehold house which sold for £775,000 in Jul 2022.
Read more about house prices in PO16.
Park Lane, Fareham, PO16 has a total of 63 addresses. According to our analysis of all the public data, 29, Park Lane, Fareham is the 34th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £331k more expensive than the average property in PO16.
29, Park Lane, Fareham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jul 2024.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 29, Park Lane, Fareham is Fareham station which is 1.1 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 29, Park Lane, Fareham, 67.2% of property is privately owned outright and 27.9% 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, Park Lane, Fareham, 11.2% of residents are recorded as possessing school level qualifications and 41.7% 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, Park Lane, 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 29, Park Lane, Fareham, 0.3% 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, Park Lane, Fareham, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.