According to the public record, 45, Cornaway Lane, Fareham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,151 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Cornaway Lane, Fareham, PO16 is located in the borough of Fareham within the PO16 postal district.
45, Cornaway Lane, Fareham has 31 entries in the Land Registry database, most recently in December 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 45 Cornaway Lane Fareham as £445,133 and the rental value as £1,721 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 45 Cornaway Lane Fareham has increased by £8,419 (1.9%) and its rental value has increased by £102 per month (5.9%).
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 45, Cornaway Lane, Fareham is in very good condition we estimate a sale value of £467,390 and rental value of £1,807 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £413,974 and a rental value of £1,601 per month.
If you were able to purchase this property for the estimated value of £445,133, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,188 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 HM Land Registry, 45, Cornaway Lane, Fareham was last sold on 19 Dec 2008 for £246,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2008, the market for similar properties has risen 83.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, Cornaway Lane, Fareham within a radius of 342m over the last 2 years.
The most recent example is 37, Wicor Mill Lane, Fareham, PO16 9EE, a Freehold house which sold for £450,000 in Sep 2023.
Read more about house prices in PO16.
Cornaway Lane, Fareham, PO16 has a total of 69 addresses. According to our analysis of all the public data, 45, Cornaway Lane, Fareham is the 13th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £103k more expensive than the average property in PO16.
The closest station to 45, Cornaway Lane, Fareham is Portchester station which is 1.1 km 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 45, Cornaway Lane, Fareham, 51.3% of property is privately owned outright and 37.8% 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 45, Cornaway Lane, Fareham, 15.6% of residents are recorded as possessing school level qualifications and 26.9% 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 45, Cornaway Lane, Fareham, the average age was 47.3 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 45, Cornaway 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 45, Cornaway Lane, Fareham, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.