According to the public record, Flat 2, 103, Gosport Road, Fareham is a modern leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 103, Gosport Road, Fareham, PO16.
Gosport Road, Fareham, PO16 is located in the borough of Fareham within the PO16 postal district.
Flat 2, 103, Gosport Road, Fareham has 2 entries in the Land Registry database, most recently in November 2021 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 good condition, we estimate the current sale value for Flat 2 103 Gosport Road Fareham as £127,177 and the rental value as £758 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Flat 2 103 Gosport Road Fareham has increased by £3,818 (3.0%) and its rental value has increased by £53 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 Flat 2, 103, Gosport Road, Fareham is in very good condition we estimate a sale value of £133,536 and rental value of £796 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £118,275 and a rental value of £705 per month.
If you were able to purchase this property for the estimated value of £127,177, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £625 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, Flat 2, 103, Gosport Road, Fareham was last sold on 12 Nov 2021 for £121,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2021, the market for similar properties has risen 5.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 103, Gosport Road, Fareham within a radius of 610 metres over the last 2 years.
The most recent example is 6, Compass Point, Fareham, PO16 0LJ, a Leasehold flat which sold for £131,500 in Jan 2024.
Read more about house prices in PO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gosport Road, Fareham, PO16 has a total of 201 addresses. According to our analysis of all the public data, Flat 2, 103, Gosport Road, Fareham is the 196th largest and the 196th most expensive property on the street.
When compared to the postcode district it is £215k less expensive than the average property in PO16.
Flat 2, 103, Gosport Road, Fareham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Feb 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to Flat 2, 103, Gosport Road, Fareham is Fareham station which is 1.0 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 Flat 2, 103, Gosport Road, Fareham, 51.7% of property is privately owned outright and 30.3% 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 Flat 2, 103, Gosport Road, Fareham, 12.2% of residents are recorded as possessing school level qualifications and 29.3% 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 Flat 2, 103, Gosport 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 Flat 2, 103, Gosport 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 Flat 2, 103, Gosport Road, 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.