According to the public record, 7, North Wallington, Fareham is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 771 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
North Wallington, Fareham, PO16 is located in the borough of Fareham within the PO16 postal district.
7, North Wallington, Fareham has a single entry in the Land Registry database from October 2021 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 7 North Wallington Fareham as £297,433 and the rental value as £1,370 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 7 North Wallington Fareham has increased by £8,179 (2.7%) and its rental value has increased by £93 per month (6.8%).
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, North Wallington, Fareham is in very good condition we estimate a sale value of £312,305 and rental value of £1,438 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £276,613 and a rental value of £1,274 per month.
If you were able to purchase this property for the estimated value of £297,433, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,462 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, 7, North Wallington, Fareham was last sold on 29 Oct 2021 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2021, the market for similar properties has risen 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, North Wallington, Fareham within a radius of 800 metres over the last 2 years.
The most recent example is 73, North Wallington, Fareham, PO16 8TE, a Freehold house which sold for £320,000 in Jan 2024.
Read more about house prices in PO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
North Wallington, Fareham, PO16 has a total of 98 addresses. According to our analysis of all the public data, 7, North Wallington, Fareham is the 57th largest and the 70th most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in PO16.
The closest station to 7, North Wallington, Fareham is Fareham station which is 1.5 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 7, North Wallington, Fareham, 39.1% of property is privately owned with a mortgage and 31.8% 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, North Wallington, Fareham, 15.9% of residents are recorded as possessing school level qualifications and 38.4% 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 7, North Wallington, 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, North Wallington, 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 7, North Wallington, 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.