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By comparing it to neighbours, we estimate that it is a modern apartment with 619 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Spire Close, Fareham is £180,902 and the estimated rental value is £906 per month.
Spire Close, Fareham, PO14 is located in the borough of Fareham within the PO14 postal district.
2, Spire Close, Fareham has a single entry in the Land Registry from December 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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, Spire Close, Fareham is in very good condition we estimate a sale value of £189,947 and a rental value of £951 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £168,239 and a rental value of £842 per month.
Over the last 12 months the sale value of 2 Spire Close Fareham has decreased by an estimated £3,862 (2.1%) and its rental value has increased by an estimated £26 per month (2.9%), giving an expected gross yield of 6%.
According to HM Land Registry, 2, Spire Close, Fareham was last sold on 22nd December 2008 for £120,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2008, the market for similar properties has risen 25.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Spire Close, Fareham within a radius of 630 metres over the last 2 years.
The most recent example is 1, Spire Close, Fareham, PO14 4FE, a leasehold flat which sold for £16,000 on the 30th August 2023.
Read more about house prices in PO14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spire Close, Fareham, PO14 has a total of 16 addresses. According to our analysis of all the public data, 2, Spire Close, Fareham is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £199k less expensive than the average property in PO14.
The closest station to 2, Spire Close, Fareham is Swanwick station which is 1.6 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Spire Close, Fareham, 47.1% of property is privately owned with a mortgage and 32.9% is privately owned outright.
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 2, Spire Close, Fareham, 22.3% of residents are recorded as possessing school level qualifications and 31.5% 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 2, Spire Close, Fareham, the average age was 42.6 and the most common age was 57.
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 2, Spire Close, Fareham, 1.1% 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 2, Spire Close, Fareham, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.