According to the public record, 49, Newgate Lane, Fareham is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 893 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Newgate Lane, Fareham, PO14 is located in the borough of Fareham within the PO14 postal district.
49, Newgate Lane, Fareham has 31 entries in the Land Registry database, most recently in March 2024 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 49 Newgate Lane Fareham as £411,088 and the rental value as £1,580 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 49 Newgate Lane Fareham has increased by £10,471 (2.5%) and its rental value has increased by £111 per month (7.0%).
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 49, Newgate Lane, Fareham is in very good condition we estimate a sale value of £431,642 and rental value of £1,659 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £382,312 and a rental value of £1,469 per month.
If you were able to purchase this property for the estimated value of £411,088, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,020 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, 49, Newgate Lane, Fareham was last sold on 26 Mar 2024 for £295,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Mar 2024, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Newgate Lane, Fareham within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 21, Newgate Lane, Fareham, PO14 1BQ, a Freehold house which sold for £300,000 in Feb 2021.
Read more about house prices in PO14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newgate Lane, Fareham, PO14 has a total of 60 addresses. According to our analysis of all the public data, 49, Newgate Lane, Fareham is the 40th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in PO14.
The closest station to 49, Newgate Lane, Fareham is Fareham station which is 3.5 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 49, Newgate Lane, Fareham, 48.2% of property is privately owned outright and 32.9% 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 49, Newgate Lane, Fareham, 11.8% of residents are recorded as possessing school level qualifications and 21.8% 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 49, Newgate 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 49, Newgate Lane, Fareham, 1.2% 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 49, Newgate Lane, Fareham, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.