According to the public record, Flat 38, Cedar Court, Fareham is a modern leasehold apartment and with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Cedar Court, Bath Lane, Fareham, PO16.
Bath Lane, Fareham, PO16 is located in the borough of Fareham within the PO16 postal district.
Flat 38, Cedar Court, Fareham has a single entry in the Land Registry database from October 2021 and 2 entries in the EPC database, most recently in September 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 Flat 38 Cedar Court Fareham as £110,745 and the rental value as £679 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of Flat 38 Cedar Court Fareham has increased by £3,197 (2.9%) and its rental value has increased by £47 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 38, Cedar Court, Fareham is in very good condition we estimate a sale value of £116,283 and rental value of £713 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £102,993 and a rental value of £632 per month.
If you were able to purchase this property for the estimated value of £110,745, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £544 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 38, Cedar Court, Fareham was last sold on 29 Oct 2021 for £90,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2021, the market for similar properties has risen 6.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 38, Cedar Court, Fareham within a radius of 0m over the last 2 years.
The most recent example is Flat 21, Cedar Court, Bath Lane, Fareham, PO16 0DA, a Leasehold flat which sold for £95,000 in May 2023.
Read more about house prices in PO16.
Bath Lane, Fareham, PO16 has a total of 92 addresses. According to our analysis of all the public data, Flat 38, Cedar Court, Fareham is the 88th largest and the 88th most expensive property on the street.
When compared to the postcode district it is £232k less expensive than the average property in PO16.
Flat 38, Cedar Court, Fareham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Sep 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 38, Cedar Court, Fareham is Fareham station which is 1.4 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 Flat 38, Cedar Court, Fareham, 47.8% of property is privately owned outright and 33.5% 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 Flat 38, Cedar Court, Fareham, 9.2% of residents are recorded as possessing school level qualifications and 31.2% 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 38, Cedar Court, 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 38, Cedar Court, Fareham, 0.8% 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 38, Cedar Court, Fareham, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.