1, Lancaster Close
1, Lancaster Close
Description & Estimates
1, Lancaster Close, Fareham is recorded publicly as a mid-century freehold house across 1,140 ft2 of internal area, sitting on a 219 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1, Lancaster Close, Fareham is £362,584 and its rental estimate is £1,808 per month, given the available information and assuming reasonable condition.
Lancaster Close, Portchester, Fareham, PO16 falls within the PO16 postal district, in the borough of Fareham.
Our Data Sources
1, Lancaster Close, Fareham has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated June 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Lancaster Close, Fareham, we estimate a market value of £380,713 and a rental value of £1,899 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £337,203 and £1,682 per month respectively.
Recent Market Change
Over the last year, 1, Lancaster Close, Fareham has seen its estimated sale value grow by £673 (0.2%) and its estimated rental value climb by £69 per month (3.8%). This results in an estimated gross rental yield of 6.0%.
Plot Size
HM Land Registry records the plot of land for 1, Lancaster Close, Fareham as measuring 219 m2.
That makes it the 8th largest plot in the postcode, where all 11 other houses have recorded plot data.
Energy Efficiency
1, Lancaster Close, Fareham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Jun 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Lancaster Close, Fareham completed on 30th June 2021 at £310,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 24.3% over the period since June 2021.
- Sold Jun 2021£310,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Lancaster Close, Fareham have sold within a radius of 760 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th September 2024, was 19, Solent View, Fareham, PO16 8HE, a freehold house which sold for £324,000.
Read more about house prices in PO16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 11 addresses on Lancaster Close, Portchester, Fareham, PO16, 1, Lancaster Close, Fareham comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £18k more expensive than the average property across the PO16 district.
More reading links
Schools Nearby
- 400mRed Barn Community Primary School
- 500mNorthern Junior School
- 500mNorthern Infant School
- 1.4kmPortchester Community School
- 1.5kmCams Hill School
- 1.8kmCastle View Academy
More reading links
Public Transport Nearby
From 1, Lancaster Close, Fareham, the nearest station is Portchester, 1.0 kilometres away.
- 1.0kmPortchester
- 3.8kmFareham
- 5.1kmCosham
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
