According to the public record, 8, Horseshoe Close, Fareham is a modern freehold house with 893 ft2 of internal area and sits on a 243 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Horseshoe Close, Fareham, PO14 is located in the borough of Fareham within the PO14 postal district.
8, Horseshoe Close, Fareham has a single entry in the Land Registry database from May 2021 and a single entry in the EPC database dated January 2021.
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 8 Horseshoe Close Fareham as £341,720 and the rental value as £1,526 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 8 Horseshoe Close Fareham has increased by £10,844 (3.2%) and its rental value has increased by £107 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 8, Horseshoe Close, Fareham is in very good condition we estimate a sale value of £358,806 and rental value of £1,602 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £317,800 and a rental value of £1,419 per month.
If you were able to purchase this property for the estimated value of £341,720, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,679 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, 8, Horseshoe Close, Fareham sits on a plot of 243m2.
We have plot size data on 20 out of 24 other houses in the postcode and 8, Horseshoe Close, Fareham sits on the largest plot.
According to HM Land Registry, 8, Horseshoe Close, Fareham was last sold on 28 May 2021 for £265,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2021, the market for similar properties has risen 13.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Horseshoe Close, Fareham within a radius of 710 metres over the last 2 years.
The most recent example is 16, Priestfields, Fareham, PO14 4TF, a Freehold house which sold for £346,000 in Jul 2023.
Read more about house prices in PO14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Horseshoe Close, Fareham, PO14 has a total of 24 addresses. According to our analysis of all the public data, 8, Horseshoe Close, Fareham is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in PO14.
8, Horseshoe Close, Fareham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jan 2021.
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 8, Horseshoe Close, Fareham is Swanwick station which is 2.1 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 8, Horseshoe Close, Fareham, 35.4% of property is privately owned with a mortgage and 29.2% is privately rented.
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 8, Horseshoe Close, Fareham, 16.5% of residents are recorded as possessing school level qualifications and 36.1% 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 8, Horseshoe Close, Fareham, the average age was 43.7 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 8, Horseshoe Close, 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 8, Horseshoe Close, Fareham, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.