According to the public record, 3, Marks Tey Road, Fareham is a modern freehold house with 1,625 ft2 of internal area and sits on a 482 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Marks Tey Road, Fareham, PO14 is located in the borough of Fareham within the PO14 postal district.
3, Marks Tey Road, Fareham has 21 entries in the Land Registry database, most recently in November 2013 and a single entry in the EPC database dated February 2013.
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 Marks Tey Road Fareham as £704,293 and the rental value as £2,328 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 3 Marks Tey Road Fareham has increased by £13,080 (1.9%) and its rental value has increased by £133 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 3, Marks Tey Road, Fareham is in very good condition we estimate a sale value of £739,507 and rental value of £2,444 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £654,992 and a rental value of £2,165 per month.
If you were able to purchase this property for the estimated value of £704,293, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,461 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, Marks Tey Road, Fareham sits on a plot of 482m2.
We have plot size data on 14 out of 39 other houses in the postcode and 3, Marks Tey Road, Fareham sits on the 9th largest plot.
According to HM Land Registry, 3, Marks Tey Road, Fareham was last sold on 22 Nov 2013 for £420,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2013, the market for similar properties has risen 58.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Marks Tey Road, Fareham within a radius of 890 metres over the last 2 years.
The most recent example is 42, Marks Tey Road, Fareham, PO14 3LE, a Freehold house which sold for £595,000 in Dec 2023.
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 890 metres radius of 3, Marks Tey Road, Fareham over the last 2 years.
Most recently 214, Old Street, Fareham, PO14 3HG, a Freehold house let by GS Homes in Sep 2023.
Marks Tey Road, Fareham, PO14 has a total of 70 addresses. According to our analysis of all the public data, 3, Marks Tey Road, Fareham is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £315k more expensive than the average property in PO14.
3, Marks Tey Road, Fareham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Feb 2013.
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, Marks Tey Road, Fareham is Fareham station which is 2.8 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, Marks Tey Road, Fareham, 67.0% of property is privately owned outright and 26.1% 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, Marks Tey Road, Fareham, 10.9% of residents are recorded as possessing school level qualifications and 39.9% 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, Marks Tey Road, 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 3, Marks Tey Road, 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, Marks Tey Road, 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.