According to the public record, 47, Cornaway Lane, Fareham is a mid-century freehold house and with 925 ft2 of internal area and sits on a 368 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cornaway Lane, Fareham, PO16 is located in the borough of Fareham within the PO16 postal district.
47, Cornaway Lane, Fareham has a single entry in the Land Registry database from May 2022 and a single entry in the EPC database dated August 2021.
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 47 Cornaway Lane Fareham as £392,388 and the rental value as £1,557 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 47 Cornaway Lane Fareham has increased by £10,512 (2.7%) and its rental value has increased by £105 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 47, Cornaway Lane, Fareham is in very good condition we estimate a sale value of £412,008 and rental value of £1,635 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £364,921 and a rental value of £1,448 per month.
If you were able to purchase this property for the estimated value of £392,388, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,928 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, 47, Cornaway Lane, Fareham sits on a plot of 368m2.
We have plot size data on 19 out of 35 other houses in the postcode and 47, Cornaway Lane, Fareham sits on the 2nd largest plot.
According to HM Land Registry, 47, Cornaway Lane, Fareham was last sold on 27 May 2022 for £430,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has dropped 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Cornaway Lane, Fareham within a radius of 127m over the last 2 years.
The most recent example is 27, Cornaway Lane, Fareham, PO16 9DA, a Freehold house which sold for £300,000 in Feb 2024.
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, 47, Cornaway Lane, Fareham is the 39th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £50k more expensive than the average property in PO16.
47, Cornaway Lane, Fareham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Aug 2021.
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 47, 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 47, 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 47, 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 47, 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 47, 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 47, 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.