According to the public record, 54C, Cornaway Lane, Fareham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,075 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Cornaway Lane, Fareham, PO16 is located in the borough of Fareham within the PO16 postal district.
54C, Cornaway Lane, Fareham has a single entry in the Land Registry database from August 2019 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 good condition, we estimate the current sale value for 54C Cornaway Lane Fareham as £422,501 and the rental value as £1,629 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 54C Cornaway Lane Fareham has increased by £11,318 (2.7%) and its rental value has increased by £110 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 54C, Cornaway Lane, Fareham is in very good condition we estimate a sale value of £443,626 and rental value of £1,710 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £392,926 and a rental value of £1,515 per month.
If you were able to purchase this property for the estimated value of £422,501, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,076 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, 54C, Cornaway Lane, Fareham was last sold on 02 Aug 2019 for £330,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2019, the market for similar properties has risen 20.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 54C, Cornaway Lane, Fareham within a radius of 23m over the last 2 years.
The most recent example is 54B, Cornaway Lane, Fareham, PO16 9DD, a Freehold house which sold for £319,000 in Jul 2019.
Read more about house prices in PO16.
Cornaway Lane, Fareham, PO16 has a total of 69 addresses. According to our analysis of all the public data, 54C, Cornaway Lane, Fareham is the 17th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £80k more expensive than the average property in PO16.
The closest station to 54C, Cornaway Lane, Fareham is Portchester station which is 1.1 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 54C, Cornaway Lane, Fareham, 51.3% of property is privately owned outright and 37.8% is privately owned with a mortgage.
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 54C, Cornaway Lane, Fareham, 15.6% of residents are recorded as possessing school level qualifications and 26.9% 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 54C, Cornaway Lane, Fareham, the average age was 47.3 and the most common age was 72.
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 54C, Cornaway Lane, 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 54C, Cornaway Lane, Fareham, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.