According to the public record, 55, Meadowbank Road, Fareham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 699 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Meadowbank Road, Fareham, PO15 is located in the borough of Fareham within the PO15 postal district.
55, Meadowbank Road, Fareham has a single entry in the Land Registry database from June 2006 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 55 Meadowbank Road Fareham as £332,826 and the rental value as £1,492 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 55 Meadowbank Road Fareham has increased by £10,817 (3.3%) and its rental value has increased by £104 per month (6.9%).
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, Meadowbank Road, Fareham is in very good condition we estimate a sale value of £349,468 and rental value of £1,567 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £309,528 and a rental value of £1,388 per month.
If you were able to purchase this property for the estimated value of £332,826, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,636 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, 55, Meadowbank Road, Fareham was last sold on 28 Jun 2006 for £164,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Meadowbank Road, Fareham within a radius of 570 metres over the last 2 years.
The most recent example is 69, Meadowbank Road, Fareham, PO15 5LE, a Freehold house which sold for £392,500 in Aug 2023.
Read more about house prices in PO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meadowbank Road, Fareham, PO15 has a total of 89 addresses. According to our analysis of all the public data, 55, Meadowbank Road, Fareham is the 49th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in PO15.
The closest station to 55, Meadowbank Road, Fareham is Fareham station which is 1.2 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 55, Meadowbank Road, Fareham, 68.4% of property is privately owned outright and 26.3% 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, Meadowbank Road, Fareham, 6.2% of residents are recorded as possessing school level qualifications and 32.4% 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, Meadowbank Road, 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 55, Meadowbank Road, Fareham, 1.5% 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, Meadowbank Road, Fareham, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.