According to the public record, 39, Cutlers Lane, Fareham is a mid-century freehold house with 1,001 ft2 of internal area and sits on a 363 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cutlers Lane, Fareham, PO14 is located in the borough of Fareham within the PO14 postal district.
39, Cutlers Lane, Fareham has a single entry in the Land Registry database from October 2019 and a single entry in the EPC database dated June 2019.
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 39 Cutlers Lane Fareham as £420,370 and the rental value as £1,697 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 39 Cutlers Lane Fareham has increased by £12,500 (3.0%) and its rental value has increased by £116 per month (6.8%).
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 39, Cutlers Lane, Fareham is in very good condition we estimate a sale value of £441,388 and rental value of £1,782 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £390,944 and a rental value of £1,578 per month.
If you were able to purchase this property for the estimated value of £420,370, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,066 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, 39, Cutlers Lane, Fareham sits on a plot of 363m2.
We have plot size data on 2 out of 6 other houses in the postcode and 39, Cutlers Lane, Fareham sits on the 2nd largest plot.
According to HM Land Registry, 39, Cutlers Lane, Fareham was last sold on 10 Oct 2019 for £340,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2019, the market for similar properties has risen 23.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Cutlers Lane, Fareham within a radius of 570 metres over the last 2 years.
The most recent example is 42, Cutlers Lane, Fareham, PO14 2JW, a Freehold house which sold for £440,000 in Feb 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 570 metres radius of 39, Cutlers Lane, Fareham over the last 2 years.
Most recently 214, Old Street, Fareham, PO14 3HG, a Freehold house let by GS Homes in Sep 2023.
Cutlers Lane, Fareham, PO14 has a total of 52 addresses. According to our analysis of all the public data, 39, Cutlers Lane, Fareham is the 44th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £31k more expensive than the average property in PO14.
39, Cutlers Lane, Fareham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Jun 2019.
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 39, Cutlers Lane, Fareham is Fareham station which is 3.4 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 39, Cutlers Lane, Fareham, 47.3% of property is privately owned outright and 35.1% 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 39, Cutlers Lane, Fareham, 16.7% of residents are recorded as possessing school level qualifications and 36.7% 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 39, Cutlers Lane, 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 39, Cutlers Lane, 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 39, Cutlers Lane, Fareham, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.