According to the public record, 49, Oak Road, Fareham is a mid-century freehold house with 979 ft2 of internal area and sits on a 225 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Oak Road, Fareham, PO15 is located in the borough of Fareham within the PO15 postal district.
49, Oak Road, Fareham has a single entry in the Land Registry database from January 2019 and a single entry in the EPC database dated September 2018.
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 49 Oak Road Fareham as £333,852 and the rental value as £1,528 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 49 Oak Road Fareham has increased by £10,680 (3.2%) and its rental value has increased by £107 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, Oak Road, Fareham is in very good condition we estimate a sale value of £350,544 and rental value of £1,605 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £310,482 and a rental value of £1,421 per month.
If you were able to purchase this property for the estimated value of £333,852, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,641 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, 49, Oak Road, Fareham sits on a plot of 225m2.
We have plot size data on 20 out of 37 other houses in the postcode and 49, Oak Road, Fareham sits on the 10th largest plot.
According to HM Land Registry, 49, Oak Road, Fareham was last sold on 11 Jan 2019 for £230,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2019, the market for similar properties has risen 23.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Oak Road, Fareham within a radius of 540 metres over the last 2 years.
The most recent example is 15, Marigold Close, Fareham, PO15 5HF, a Freehold house which sold for £330,000 in Jun 2024.
Read more about house prices in PO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak Road, Fareham, PO15 has a total of 207 addresses. According to our analysis of all the public data, 49, Oak Road, Fareham is the 43rd largest and the 59th most expensive property on the street.
When compared to the postcode district it is £39k less expensive than the average property in PO15.
49, Oak Road, Fareham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Sep 2018.
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 49, Oak Road, Fareham is Fareham station which is 1.0 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, Oak Road, Fareham, 59.7% of property is privately owned outright and 32.1% 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 49, Oak Road, Fareham, 10.9% of residents are recorded as possessing school level qualifications and 25.0% 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, Oak Road, Fareham, the average age was 47.2 and the most common age was 57.
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, Oak Road, 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 49, Oak Road, Fareham, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.