According to the public record, 5, Grove Avenue, Fareham is a early-century freehold house and with 1,054 ft2 of internal area and sits on a 315 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Grove Avenue, Fareham, PO16 is located in the borough of Fareham within the PO16 postal district.
5, Grove Avenue, Fareham has 2 entries in the Land Registry database, most recently in November 2013 and 2 entries in the EPC database, most recently in January 2014.
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 5 Grove Avenue Fareham as £370,021 and the rental value as £1,561 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 5 Grove Avenue Fareham has increased by £10,039 (2.7%) and its rental value has increased by £107 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 5, Grove Avenue, Fareham is in very good condition we estimate a sale value of £388,522 and rental value of £1,639 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £344,119 and a rental value of £1,451 per month.
If you were able to purchase this property for the estimated value of £370,021, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,819 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, 5, Grove Avenue, Fareham sits on a plot of 315m2.
We have plot size data on 9 out of 17 other houses in the postcode and 5, Grove Avenue, Fareham sits on the 9th largest plot.
According to HM Land Registry, 5, Grove Avenue, Fareham was last sold on 08 Nov 2013 for £240,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2013, the market for similar properties has risen 63.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Grove Avenue, Fareham within a radius of 175m over the last 2 years.
The most recent example is 13, Merton Avenue, Fareham, PO16 9NE, a Freehold house which sold for £336,500 in Aug 2023.
Read more about house prices in PO16.
Grove Avenue, Fareham, PO16 has a total of 67 addresses. According to our analysis of all the public data, 5, Grove Avenue, Fareham is the 4th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £28k more expensive than the average property in PO16.
5, Grove Avenue, Fareham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jan 2014.
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 5, Grove Avenue, Fareham is Portchester station which is 1.0 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 5, Grove Avenue, Fareham, 53.8% of property is privately owned outright and 34.5% 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 5, Grove Avenue, Fareham, 14.6% 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 5, Grove Avenue, Fareham, the average age was 46.1 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 5, Grove Avenue, Fareham, 2.3% 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 5, Grove Avenue, Fareham, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.