According to the public record, 7, Lower Quay Road, Fareham is a mid-century freehold house and with 925 ft2 of internal area and sits on a 173 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lower Quay Road, Fareham, PO16 is located in the borough of Fareham within the PO16 postal district.
7, Lower Quay Road, Fareham has 2 entries in the Land Registry database, most recently in July 2019 and a single entry in the EPC database dated February 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 7 Lower Quay Road Fareham as £324,773 and the rental value as £1,468 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 7 Lower Quay Road Fareham has increased by £9,476 (2.9%) and its rental value has increased by £103 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 7, Lower Quay Road, Fareham is in very good condition we estimate a sale value of £341,012 and rental value of £1,542 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £302,039 and a rental value of £1,366 per month.
If you were able to purchase this property for the estimated value of £324,773, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,596 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, 7, Lower Quay Road, Fareham sits on a plot of 173m2.
We have plot size data on 3 out of 7 other houses in the postcode and 7, Lower Quay Road, Fareham sits on the 3rd largest plot.
According to HM Land Registry, 7, Lower Quay Road, Fareham was last sold on 12 Jul 2019 for £275,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2019, the market for similar properties has risen 20.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Lower Quay Road, Fareham within a radius of 143m over the last 2 years.
The most recent example is 4, Lower Quay Close, Fareham, PO16 0RD, a Freehold house which sold for £300,001 in Nov 2022.
Read more about house prices in PO16.
Lower Quay Road, Fareham, PO16 has a total of 14 addresses. According to our analysis of all the public data, 7, Lower Quay Road, Fareham is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £18k less expensive than the average property in PO16.
7, Lower Quay Road, Fareham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Feb 2019.
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 7, Lower Quay Road, Fareham is Fareham station which is 1.2 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 7, Lower Quay Road, Fareham, 40.3% of property is privately owned with a mortgage and 32.6% 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 7, Lower Quay Road, Fareham, 18.2% of residents are recorded as possessing school level qualifications and 30.5% 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 7, Lower Quay Road, 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 7, Lower Quay Road, Fareham, 0.0% 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 7, Lower Quay Road, 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.