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1 Park Approach is a residential building situated on Park Approach, Knowle, Fareham, PO17 with 2 addresses.
It ranks as the 5th largest and 88th most expensive of the 101 buildings in the PO17 area. The dominant property type is a early-century flat built between 1912 and 1935.
The building contains a total of 2 properties: 2 flats.
1 Park Approach is a residential building situated on Park Approach, Knowle, Fareham, PO17 with 2 addresses.
It ranks as the 5th largest and 88th most expensive of the 101 buildings in the PO17 area. The dominant property type is a early-century flat built between 1912 and 1935.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £197,103 for 2 bedroom leasehold flats (861 ft2) to £540,221 for 4 bedroom freehold houses with a garden (1,550 ft2) .
Monthly rental prices range from £1,144 pcm for 2 bed flats to £2,087 pcm for 4 bed houses.
The gross rental yield is between 4.6% and 7.0%.
The average value per square foot is £289.
The last sale in 1 Park Approach sold for £436,500 on 22nd October 2015. Since then prices are up an average of 26.5%.
The current average value in the building is £368,662.
The 1 Park Approach Sales Market has increased by 17.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.2% | £368,662 |
| May 2025 | -0.5% | £367,801 |
| May 2024 | -1.8% | £369,584 |
| May 2023 | 2.2% | £376,270 |
| May 2022 | 5.5% | £368,027 |
| May 2021 | 2.9% | £348,956 |
| May 2020 | 2.2% | £339,164 |
| May 2019 | 1.3% | £331,840 |
| May 2018 | 1.1% | £327,585 |
| May 2017 | 3.4% | £324,114 |
| May 2016 | 10.4% | £313,463 |
| May 2015 | 2.6% | £283,953 |
| May 2014 | 8.1% | £276,741 |
| May 2013 | -4.5% | £255,962 |
| May 2012 | -0.7% | £267,978 |
| May 2011 | -6.2% | £269,768 |
| May 2010 | 21.5% | £287,660 |
| May 2009 | -15.9% | £236,660 |
| May 2008 | -0.7% | £281,529 |
| May 2007 | 0% | £283,641 |
The current average rental value in the building is £1,616.
The 1 Park Approach Rental Market has increased by 52.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.1% | £1,616pcm |
| May 2025 | 5.5% | £1,552pcm |
| May 2024 | 10% | £1,471pcm |
| May 2023 | 5.7% | £1,338pcm |
| May 2022 | 8.8% | £1,266pcm |
| May 2021 | 2.2% | £1,163pcm |
| May 2020 | 3.3% | £1,138pcm |
| May 2019 | 1.5% | £1,101pcm |
| May 2018 | 0.7% | £1,085pcm |
| May 2017 | 1.4% | £1,078pcm |
| May 2016 | 3.4% | £1,063pcm |
| May 2015 | 3.1% | £1,027pcm |
| May 2014 | 4.2% | £996pcm |
| May 2013 | 0.9% | £957pcm |
| May 2012 | 2% | £948pcm |
| May 2011 | 1.6% | £930pcm |
| May 2010 | 2.9% | £916pcm |
| May 2009 | -3.2% | £890pcm |
| May 2008 | 2.5% | £918pcm |
| May 2007 | 0% | £896pcm |
The last sale was on 22nd October 2015 for £436,500 and since then the market in the area has increased by 26.5%. The building has had a total of 6 sales since 1995.
1, Park Approach, Knowle, Fareham, PO17 5LQ has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 1, Park Approach, Knowle, Fareham, PO17 5LQ is Fareham station which is 3.1 kilometres away.
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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 1, Park Approach, Knowle, Fareham, PO17 5LQ, 30.8% of property is socially rented and 28.5% is privately rented.
The graph below shows how this compares to South East 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 1, Park Approach, Knowle, Fareham, PO17 5LQ, 11.9% of residents are recorded as possessing school level qualifications and 40.8% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Park Approach, Knowle, Fareham, PO17 5LQ, the average age was 41.4 and the most common age was 52.
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 1, Park Approach, Knowle, Fareham, PO17 5LQ, 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 1, Park Approach, Knowle, Fareham, PO17 5LQ, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.