2, Magdalene Way
2, Magdalene Way
Description & Estimates
According to the public record, 2, Magdalene Way, Fareham is a mid-century apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Magdalene Way, Fareham is £171,379 and the estimated rental value is £841 per month.
The apartment is within 2, Magdalene Way, Fareham, PO14.
Magdalene Way, Fareham, PO14 is located in the borough of Fareham within the PO14 postal district.
Our Data Sources
2, Magdalene Way, Fareham has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 2, Magdalene Way, Fareham is in very good condition we estimate a sale value of £179,948 and a rental value of £883 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £159,382 and a rental value of £782 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Magdalene Way, Fareham has dropped by £2,214 (1.3%), while its estimated rental value has risen by £31 per month (3.7%). Based on current estimates, the property offers a gross rental yield of 5.9%.
Energy Efficiency
2, Magdalene Way, Fareham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, 2, Magdalene Way, Fareham was last sold on 25th February 2005 for £100,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
- Sold Feb 2005£100,000
- Sold Nov 2000£60,000
- Sold Jun 1998£43,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Magdalene Way, Fareham within a radius of 600 metres over the last 2 years.
The most recent example is 1A, Girton Close, Fareham, PO14 4QZ, a leasehold flat which sold for £160,000 on the 22nd February 2024.
Read more about house prices in PO14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Magdalene Way, Fareham, PO14 has a total of 28 addresses. According to our analysis of all the public data, 2, Magdalene Way, Fareham is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £211k less expensive than the average property in PO14.
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Schools Nearby
- 200mSt John the Baptist Church of England Primary School
- 400mSt Anthony's Catholic Primary School
- 1.0kmLocks Heath Infant & Nursery School
- 2.1kmBrookfield Community School
- 2.8kmThe Henry Cort Community College
- 4.5kmFareham Academy
More reading links
Public Transport Nearby
The closest station to 2, Magdalene Way, Fareham is Swanwick station, which is 2.2 kilometres away.
- 2.2kmSwanwick
- 4.6kmBursledon
- 4.7kmFareham
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
