According to the public record, 56, Watersmeet, Fareham is a modern freehold house and with 1,054 ft2 of internal area and sits on a 142 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Watersmeet, Fareham, PO16 is located in the borough of Fareham within the PO16 postal district.
56, Watersmeet, Fareham has 51 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated May 2019.
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 56 Watersmeet Fareham as £367,115 and the rental value as £1,554 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 56 Watersmeet Fareham has increased by £10,700 (2.9%) and its rental value has increased by £109 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 56, Watersmeet, Fareham is in very good condition we estimate a sale value of £385,470 and rental value of £1,632 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £341,417 and a rental value of £1,445 per month.
If you were able to purchase this property for the estimated value of £367,115, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,804 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, 56, Watersmeet, Fareham sits on a plot of 142m2.
We have plot size data on 39 out of 50 other houses in the postcode and 56, Watersmeet, Fareham sits on the 37th largest plot.
According to HM Land Registry, 56, Watersmeet, Fareham was last sold on 11 Dec 2020 for £285,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Dec 2020, the market for similar properties has risen 16.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Watersmeet, Fareham within a radius of 103m over the last 2 years.
The most recent example is 71, Watersmeet, Fareham, PO16 0TG, a Freehold house which sold for £330,000 in Apr 2024.
Read more about house prices in PO16.
Watersmeet, Fareham, PO16 has a total of 87 addresses. According to our analysis of all the public data, 56, Watersmeet, Fareham is the 35th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £25k more expensive than the average property in PO16.
56, Watersmeet, Fareham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 May 2019.
The property is connected to mains gas and has fully triple glazed windows. It is heated using a boiler and radiators.
The closest station to 56, Watersmeet, Fareham is Fareham station which is 1.7 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 56, Watersmeet, Fareham, 44.3% of property is privately owned with a mortgage and 29.5% is privately owned outright.
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 56, Watersmeet, Fareham, 17.5% of residents are recorded as possessing school level qualifications and 33.2% 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 56, Watersmeet, Fareham, the average age was 44.9 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 56, Watersmeet, 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 56, Watersmeet, 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.