According to the public record, 3 Farm Cottages, Fareham is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,385 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Mayles Lane, Knowle, Fareham, PO17 is located in the borough of Winchester within the PO17 postal district.
3 Farm Cottages, Fareham has a single entry in the Land Registry database from September 2017 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 3 Farm Cottages Fareham as £520,114 and the rental value as £1,887 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 3 Farm Cottages Fareham has increased by £7,676 (1.5%) and its rental value has increased by £117 per month (6.2%).
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 3 Farm Cottages, Fareham is in very good condition we estimate a sale value of £546,119 and rental value of £1,981 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £483,706 and a rental value of £1,755 per month.
If you were able to purchase this property for the estimated value of £520,114, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,556 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, 3 Farm Cottages, Fareham was last sold on 07 Sep 2017 for £411,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2017, the market for similar properties has risen 15.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Farm Cottages, Fareham within a radius of 541m over the last 2 years.
The most recent example is 10, Charity View, Fareham, PO17 5NG, a Freehold house which sold for £513,000 in Dec 2021.
Read more about house prices in PO17.
Mayles Lane, Knowle, Fareham, PO17 has a total of 58 addresses. According to our analysis of all the public data, 3 Farm Cottages, Fareham is the 15th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £65k more expensive than the average property in PO17.
The closest station to 3 Farm Cottages, Fareham is Fareham station which is 3.6 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 3 Farm Cottages, Fareham, 33.1% of property is privately owned outright and 28.2% 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 3 Farm Cottages, Fareham, 19.3% of residents are recorded as possessing school level qualifications and 29.9% 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 3 Farm Cottages, Fareham, the average age was 41.4 and the most common age was 52.
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 3 Farm Cottages, Fareham, 0.5% 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 3 Farm Cottages, Fareham, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.