According to the public record, Merriemede, Havant is a mid-century freehold house and with 2,388 ft2 of internal area and sits on a 872 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Riders Lane, Havant, PO9 is located in the borough of Havant within the PO9 postal district.
Merriemede, Havant has 2 entries in the Land Registry database, most recently in August 2019 and a single entry in the EPC database dated June 2010.
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 Merriemede Havant as £442,818 and the rental value as £2,203 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Merriemede Havant has increased by £4,612 (1.0%) and its rental value has increased by £98 per month (4.4%).
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 Merriemede, Havant is in very good condition we estimate a sale value of £464,959 and rental value of £2,313 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £411,821 and a rental value of £2,049 per month.
If you were able to purchase this property for the estimated value of £442,818, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,176 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 data from HM Land Registry, Merriemede, Havant sits on a plot of 872m2.
We have plot size data on 6 out of 8 other houses in the postcode and Merriemede, Havant sits on the 2nd largest plot.
According to HM Land Registry, Merriemede, Havant was last sold on 13 Aug 2019 for £350,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2019, the market for similar properties has risen 20.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 30m radius of Merriemede, Havant over the last 2 years.
The most recent example is 4, The Mews, Havant, PO9 3BL, a Freehold house which sold for £206,000 in Mar 2019.
Read more about house prices in PO9.
Riders Lane, Havant, PO9 has a total of 49 addresses. According to our analysis of all the public data, Merriemede, Havant is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £131k more expensive than the average property in PO9.
Merriemede, Havant has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Jun 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Merriemede, Havant is Bedhampton station which is 1.2 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 Merriemede, Havant, 40.9% of property is socially rented and 25.6% is privately owned outright.
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 Merriemede, Havant, 24.2% of residents are recorded as possessing school level qualifications and 18.3% 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 Merriemede, Havant, the average age was 38 and the most common age was 32.
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 Merriemede, Havant, 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 Merriemede, Havant, 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.