According to the public record, 67, Redlands Lane, Fareham is a modern freehold house with 1,420 ft2 of internal area and sits on a 212 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Redlands Lane, Fareham, PO14 is located in the borough of Fareham within the PO14 postal district.
67, Redlands Lane, Fareham has 21 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated July 2013.
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 67 Redlands Lane Fareham as £385,533 and the rental value as £1,742 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 67 Redlands Lane Fareham has increased by £11,871 (3.1%) and its rental value has increased by £120 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 67, Redlands Lane, Fareham is in very good condition we estimate a sale value of £404,809 and rental value of £1,830 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £358,545 and a rental value of £1,621 per month.
If you were able to purchase this property for the estimated value of £385,533, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,895 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, 67, Redlands Lane, Fareham sits on a plot of 212m2.
We have plot size data on 11 out of 13 other houses in the postcode and 67, Redlands Lane, Fareham sits on the 5th largest plot.
According to HM Land Registry, 67, Redlands Lane, Fareham was last sold on 01 Jul 2022 for £395,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2022, the market for similar properties has dropped 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 67, Redlands Lane, Fareham within a radius of 630 metres over the last 2 years.
The most recent example is 55, Highfield Avenue, Fareham, PO14 1HY, a Freehold house which sold for £402,000 in Dec 2022.
Read more about house prices in PO14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redlands Lane, Fareham, PO14 has a total of 209 addresses. According to our analysis of all the public data, 67, Redlands Lane, Fareham is the 4th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £4k less expensive than the average property in PO14.
67, Redlands Lane, Fareham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Jul 2013.
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 67, Redlands Lane, Fareham is Fareham station which is 500 metres 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 67, Redlands Lane, Fareham, 33.2% of property is socially rented and 27.0% 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 67, Redlands Lane, Fareham, 12.4% of residents are recorded as possessing school level qualifications and 22.3% 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 67, Redlands Lane, Fareham, the average age was 40.4 and the most common age was 32.
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 67, Redlands Lane, Fareham, 1.0% 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 67, Redlands Lane, Fareham, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.