According to the public record, 4, Shetland Rise, Fareham is a modern freehold house with 1,280 ft2 of internal area and sits on a 325 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Shetland Rise, Whiteley, Fareham, PO15 is located in the borough of Fareham within the PO15 postal district.
4, Shetland Rise, Fareham has 31 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated August 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 4 Shetland Rise Fareham as £481,527 and the rental value as £1,805 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 4 Shetland Rise Fareham has increased by £12,294 (2.6%) and its rental value has increased by £114 per month (6.3%).
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 4, Shetland Rise, Fareham is in very good condition we estimate a sale value of £505,603 and rental value of £1,895 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £447,820 and a rental value of £1,678 per month.
If you were able to purchase this property for the estimated value of £481,527, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,367 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, 4, Shetland Rise, Fareham sits on a plot of 325m2.
We have plot size data on 9 out of 20 other houses in the postcode and 4, Shetland Rise, Fareham sits on the 5th largest plot.
According to HM Land Registry, 4, Shetland Rise, Fareham was last sold on 30 Sep 2022 for £510,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2022, the market for similar properties has dropped 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Shetland Rise, Fareham within a radius of 860 metres over the last 2 years.
The most recent example is 18, Shetland Rise, Fareham, PO15 7JP, a Freehold house which sold for £452,500 in Dec 2019.
Read more about house prices in PO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shetland Rise, Whiteley, Fareham, PO15 has a total of 20 addresses. According to our analysis of all the public data, 4, Shetland Rise, Fareham is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £108k more expensive than the average property in PO15.
4, Shetland Rise, Fareham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Aug 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 4, Shetland Rise, Fareham is Swanwick station which is 400 metres 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 4, Shetland Rise, Fareham, 51.3% of property is privately owned with a mortgage and 32.3% 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 4, Shetland Rise, Fareham, 23.9% of residents are recorded as possessing school level qualifications and 45.3% 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 4, Shetland Rise, Fareham, the average age was 39.4 and the most common age was 52.
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 4, Shetland Rise, Fareham, 0.0% 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 4, Shetland Rise, 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.