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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Wykeham Place, Fareham is a modern leasehold apartment with 2,454 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Wykeham Place, Fareham is £501,232 and the estimated rental value is £2,283 per month.
Wykeham Place, Fareham, PO16 is located in the borough of Fareham within the PO16 postal district.
2, Wykeham Place, Fareham has a single entry in the Land Registry from December 2023 and a single entry in the EPC database dated August 2022.
We combine this information with that 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.
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, Wykeham Place, Fareham is in very good condition we estimate a sale value of £526,294 and a rental value of £2,397 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £466,146 and a rental value of £2,123 per month.
Over the last 12 months the sale value of 2 Wykeham Place Fareham has decreased by an estimated £4,056 (0.8%) and its rental value has increased by an estimated £67 per month (2.9%), giving an expected gross yield of 5.5%.
2, Wykeham Place, Fareham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Aug 2022.
The property is not connected to mains gas and has partial double glazing. It is heated using Community scheme.
According to HM Land Registry, 2, Wykeham Place, Fareham was last sold on 13th December 2023 for £575,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2023, the market for similar properties has dropped 32.8%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 780 metres radius of 2, Wykeham Place, Fareham over the last 2 years.
The most recent example is 4, Wykeham Place, Fareham, PO16 0FA, a leasehold flat which sold for £430,000 on the 28th April 2023.
Read more about house prices in PO16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wykeham Place, Fareham, PO16 has a total of 23 addresses. According to our analysis of all the public data, 2, Wykeham Place, Fareham is the largest and the 11th most expensive property on the street.
When compared to the postcode district it is £157k more expensive than the average property in PO16.
The closest station to 2, Wykeham Place, Fareham is Fareham station which is 1.4 kilometres away.
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, Wykeham Place, Fareham, 39.0% of property is privately owned outright and 37.6% is privately owned with a mortgage.
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, Wykeham Place, Fareham, 17.4% of residents are recorded as possessing school level qualifications and 40.5% 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, Wykeham Place, Fareham, the average age was 44.9 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, Wykeham Place, Fareham, 0.3% 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, Wykeham Place, Fareham, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.
