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21, Park Lane, Fareham is recorded publicly as a mid-century freehold house across 1,399 ft2 of internal area, sitting on a 1,027 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 21, Park Lane, Fareham is £634,703 and its rental estimate is £2,371 per month, given the available information and assuming reasonable condition.
Park Lane, Fareham, PO16 falls within the PO16 postal district, in the borough of Fareham.
21, Park Lane, Fareham has a single entry in the Land Registry from November 2024 and a single entry in the EPC database dated June 2024.
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.
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 21, Park Lane, Fareham, we estimate a market value of £666,438 and a rental value of £2,490 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £590,274 and £2,205 per month respectively.
Over the last year, 21, Park Lane, Fareham has seen its estimated sale value move up by £1,178 (0.2%) and its estimated rental value increase by £91 per month (3.8%). This results in an estimated gross rental yield of 4.5%.
HM Land Registry records the plot of land for 21, Park Lane, Fareham as measuring 1,027 m2.
That makes it the 7th largest plot in the postcode, where all 8 other houses have recorded plot data.
21, Park Lane, Fareham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Jun 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 21, Park Lane, Fareham completed on 7th November 2024 at £650,000 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 dropped by 12.0% over the period since November 2024.
Over the past 2 years 3 properties similar to 21, Park Lane, Fareham have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th December 2024, was 35, Park Lane, Fareham, PO16 7LE, a freehold house which sold for £625,000.
Read more about house prices in PO16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 63 addresses on Park Lane, Fareham, PO16, 21, Park Lane, Fareham comes out as the 49th largest and the 44th most expensive in our analysis of the public data.
It is also £290k more expensive than the average property across the PO16 district.
From 21, Park Lane, Fareham, the nearest station is Fareham, 900 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 21, Park Lane, Fareham, 67.2% of property is privately owned outright and 27.9% 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 21, Park Lane, Fareham, 11.2% of residents are recorded as possessing school level qualifications and 41.7% 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 21, Park Lane, Fareham, the average age was 47.2 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 21, Park Lane, 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 21, Park Lane, 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.