According to the public record, 3, Jute Close, Fareham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 949 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Jute Close, Fareham, PO16 is located in the borough of Fareham within the PO16 postal district.
3, Jute Close, Fareham has 31 entries in the Land Registry database, most recently in July 2007 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 Jute Close Fareham as £313,442 and the rental value as £1,472 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 3 Jute Close Fareham has increased by £9,006 (2.9%) and its rental value has increased by £103 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 3, Jute Close, Fareham is in very good condition we estimate a sale value of £329,114 and rental value of £1,546 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £291,501 and a rental value of £1,369 per month.
If you were able to purchase this property for the estimated value of £313,442, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,540 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, Jute Close, Fareham was last sold on 05 Jul 2007 for £195,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2007, the market for similar properties has risen 64.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Jute Close, Fareham within a radius of 90m over the last 2 years.
The most recent example is 25, Jute Close, Fareham, PO16 8EZ, a Freehold house which sold for £300,000 in Jul 2023.
Read more about house prices in PO16.
Jute Close, Fareham, PO16 has a total of 30 addresses. According to our analysis of all the public data, 3, Jute Close, Fareham is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in PO16.
The closest station to 3, Jute Close, Fareham is Portchester 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 3, Jute Close, Fareham, 42.5% of property is privately owned outright and 35.4% 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, Jute Close, Fareham, 18.3% of residents are recorded as possessing school level qualifications and 31.5% 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, Jute Close, Fareham, the average age was 47.3 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 3, Jute Close, 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 3, Jute Close, 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.