According to the public record, 31, Richmond Rise, Fareham is a mid-century house with 925 ft2 of internal area and sits on a 311 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Richmond Rise, Fareham, PO16 is located in the borough of Fareham within the PO16 postal district.
31, Richmond Rise, Fareham has no records in the Land Registry database and a single entry in the EPC database dated October 2022.
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 31 Richmond Rise Fareham as £353,704 and the rental value as £1,509 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 31 Richmond Rise Fareham has increased by £9,372 (2.6%) and its rental value has increased by £102 per month (6.7%).
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 31, Richmond Rise, Fareham is in very good condition we estimate a sale value of £371,389 and rental value of £1,585 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £328,944 and a rental value of £1,403 per month.
If you were able to purchase this property for the estimated value of £353,704, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,738 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, 31, Richmond Rise, Fareham sits on a plot of 311m2.
We have plot size data on 7 out of 16 other houses in the postcode and 31, Richmond Rise, Fareham sits on the 7th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Richmond Rise, Fareham within a radius of 154m over the last 2 years.
The most recent example is 53, Linden Lea, Fareham, PO16 8DH, a Freehold house which sold for £338,000 in Jan 2023.
Read more about house prices in PO16.
Richmond Rise, Fareham, PO16 has a total of 38 addresses. According to our analysis of all the public data, 31, Richmond Rise, Fareham is the 15th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in PO16.
31, Richmond Rise, Fareham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Oct 2022.
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 31, Richmond Rise, Fareham is Portchester station which is 500 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 31, Richmond Rise, Fareham, 41.9% of property is privately owned with a mortgage and 36.4% is privately owned outright.
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 31, Richmond Rise, Fareham, 26.7% of residents are recorded as possessing school level qualifications and 29.6% 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 31, Richmond Rise, Fareham, the average age was 46.1 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 31, Richmond Rise, Fareham, 0.6% 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 31, Richmond Rise, 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.