According to the public record, 3, Malin Close, Fareham is a modern freehold house with 818 ft2 of internal area and sits on a 148 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Malin Close, Fareham, PO14 is located in the borough of Fareham within the PO14 postal district.
3, Malin Close, Fareham has a single entry in the Land Registry database from November 2020 and a single entry in the EPC database dated July 2020.
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 3 Malin Close Fareham as £320,748 and the rental value as £1,490 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 3 Malin Close Fareham has increased by £9,927 (3.1%) and its rental value has increased by £103 per month (6.9%).
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, Malin Close, Fareham is in very good condition we estimate a sale value of £336,785 and rental value of £1,564 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £298,296 and a rental value of £1,385 per month.
If you were able to purchase this property for the estimated value of £320,748, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,576 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, 3, Malin Close, Fareham sits on a plot of 148m2.
We have plot size data on 12 out of 25 other houses in the postcode and 3, Malin Close, Fareham sits on the 8th largest plot.
According to HM Land Registry, 3, Malin Close, Fareham was last sold on 06 Nov 2020 for £270,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2020, the market for similar properties has risen 16.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Malin Close, Fareham within a radius of 630 metres over the last 2 years.
The most recent example is 34, Cromarty Close, Fareham, PO14 3QX, a Freehold house which sold for £330,000 in May 2022.
Read more about house prices in PO14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 630 metres radius of 3, Malin Close, Fareham over the last 2 years.
Most recently 214, Old Street, Fareham, PO14 3HG, a Freehold house let by GS Homes in Sep 2023.
Malin Close, Fareham, PO14 has a total of 25 addresses. According to our analysis of all the public data, 3, Malin Close, Fareham is the 17th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in PO14.
3, Malin Close, Fareham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jul 2020.
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 3, Malin Close, Fareham is Fareham station which is 3.5 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 3, Malin Close, Fareham, 63.8% of property is privately owned outright and 24.4% 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, Malin Close, Fareham, 12.7% of residents are recorded as possessing school level qualifications and 32.6% 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, Malin Close, Fareham, the average age was 49.3 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, Malin Close, Fareham, 1.2% 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, Malin Close, Fareham, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.