According to the public record, Flat 40, Cowes Court, Fareham is a mid-century leasehold apartment with 1,140 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Cowes Court, Frogmore, Fareham, PO14.
Frogmore, Fareham, PO14 is located in the borough of Fareham within the PO14 postal district.
Flat 40, Cowes Court, Fareham has 2 entries in the Land Registry database, most recently in January 2016 and a single entry in the EPC database dated February 2014.
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 40 Cowes Court Fareham as £200,402 and the rental value as £1,063 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 40 Cowes Court Fareham has increased by £6,611 (3.3%) and its rental value has increased by £73 per month (6.9%).
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 40, Cowes Court, Fareham is in very good condition we estimate a sale value of £210,423 and rental value of £1,116 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £186,374 and a rental value of £988 per month.
If you were able to purchase this property for the estimated value of £200,402, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £985 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 40, Cowes Court, Fareham was last sold on 29 Jan 2016 for £143,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2016, the market for similar properties has risen 26.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 40, Cowes Court, Fareham within a radius of 730 metres over the last 2 years.
The most recent example is Flat 19, Shanklin Place, Frogmore, Fareham, PO14 3DF, a Leasehold flat which sold for £150,000 in Nov 2023.
Read more about house prices in PO14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Frogmore, Fareham, PO14 has a total of 86 addresses. According to our analysis of all the public data, Flat 40, Cowes Court, Fareham is the 18th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £189k less expensive than the average property in PO14.
Flat 40, Cowes Court, Fareham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Feb 2014.
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 40, Cowes Court, Fareham is Fareham station which is 1.8 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 40, Cowes Court, Fareham, 41.8% of property is privately owned with a mortgage and 30.0% 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 40, Cowes Court, Fareham, 20.6% of residents are recorded as possessing school level qualifications and 30.9% 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 40, Cowes Court, Fareham, the average age was 48.1 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 Flat 40, Cowes Court, Fareham, 0.4% 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 40, Cowes Court, Fareham, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.