According to the public record, 55, Cornaway Lane, Fareham is a mid-century freehold house and with 1,130 ft2 of internal area and sits on a 341 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Cornaway Lane, Fareham, PO16 is located in the borough of Fareham within the PO16 postal district.
55, Cornaway Lane, Fareham has 31 entries in the Land Registry database, most recently in April 2016 and 2 entries in the EPC database, most recently in September 2023.
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 55 Cornaway Lane Fareham as £440,954 and the rental value as £1,712 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 55 Cornaway Lane Fareham has increased by £8,340 (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 55, Cornaway Lane, Fareham is in very good condition we estimate a sale value of £463,001 and rental value of £1,798 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £410,087 and a rental value of £1,592 per month.
If you were able to purchase this property for the estimated value of £440,954, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,167 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, 55, Cornaway Lane, Fareham sits on a plot of 341m2.
We have plot size data on 19 out of 35 other houses in the postcode and 55, Cornaway Lane, Fareham sits on the 7th largest plot.
According to HM Land Registry, 55, Cornaway Lane, Fareham was last sold on 29 Apr 2016 for £296,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Apr 2016, the market for similar properties has risen 30.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Cornaway Lane, Fareham within a radius of 364m 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, 55, Cornaway Lane, Fareham is the 15th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £99k more expensive than the average property in PO16.
55, Cornaway Lane, Fareham has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 01 Sep 2023.
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 55, 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 55, 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 55, 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 55, 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 55, 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 55, 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.