According to the public record, Flat 3A, Russell Buildings 86, Fareham is a mid-century leasehold apartment and with 828 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Russell Buildings, West Street, Portchester, Fareham, PO16.
West Street, Portchester, Fareham, PO16 is located in the borough of Fareham within the PO16 postal district.
Flat 3A, Russell Buildings 86, Fareham has 31 entries in the Land Registry database, most recently in April 2010 and 2 entries in the EPC database, most recently in March 2023.
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 3A Russell Buildings 86 Fareham as £169,071 and the rental value as £909 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 3A Russell Buildings 86 Fareham has increased by £5,234 (3.1%) and its rental value has increased by £65 per month (7.2%).
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 3A, Russell Buildings 86, Fareham is in very good condition we estimate a sale value of £177,524 and rental value of £954 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £157,236 and a rental value of £845 per month.
If you were able to purchase this property for the estimated value of £169,071, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £831 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 3A, Russell Buildings 86, Fareham was last sold on 16 Apr 2010 for £125,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2010, the market for similar properties has risen 49.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3A, Russell Buildings 86, Fareham within a radius of 230m over the last 2 years.
The most recent example is 19A, West Street, Fareham, PO16 9XB, a Leasehold flat which sold for £110,000 in Feb 2020.
Read more about house prices in PO16.
West Street, Portchester, Fareham, PO16 has a total of 201 addresses. According to our analysis of all the public data, Flat 3A, Russell Buildings 86, Fareham is the 125th largest and the 180th most expensive property on the street.
When compared to the postcode district it is £173k less expensive than the average property in PO16.
Flat 3A, Russell Buildings 86, Fareham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Mar 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 3A, Russell Buildings 86, Fareham is Portchester station which is 400 m 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 3A, Russell Buildings 86, Fareham, 42.2% of property is socially rented and 24.0% 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 3A, Russell Buildings 86, Fareham, 15.1% of residents are recorded as possessing school level qualifications and 24.9% 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 Flat 3A, Russell Buildings 86, Fareham, the average age was 46.1 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 3A, Russell Buildings 86, 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 3A, Russell Buildings 86, Fareham, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.