3, Hope Lodge Close
3, Hope Lodge Close
Description & Estimates
3, Hope Lodge Close, Fareham is recorded publicly as a modern freehold house across 1,539 ft2 of internal area, sitting on a 429 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 3, Hope Lodge Close, Fareham is £537,779 and its rental estimate is £1,873 per month, given the available information and assuming reasonable condition.
Hope Lodge Close, Fareham, PO15 falls within the PO15 postal district, in the borough of Fareham.
Our Data Sources
3, Hope Lodge Close, Fareham has 2 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated March 2019.
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.
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 3, Hope Lodge Close, Fareham, we estimate a market value of £564,668 and a rental value of £1,967 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £500,135 and £1,742 per month respectively.
Recent Market Change
Over the last year, 3, Hope Lodge Close, Fareham has seen its estimated sale value fall by £5,711 (1.1%) and its estimated rental value move up by £76 per month (4.0%). This results in an estimated gross rental yield of 4.2%.
Plot Size
HM Land Registry records the plot of land for 3, Hope Lodge Close, Fareham as measuring 429 m2.
That makes it the 3rd largest plot in the postcode, where all 7 other houses have recorded plot data.
Energy Efficiency
3, Hope Lodge Close, Fareham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Mar 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
The most recent sale of 3, Hope Lodge Close, Fareham completed on 9th March 2022 at £518,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 14.4% over the period since March 2022.
- Sold Mar 2022£518,000
- Sold Oct 2020£505,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Hope Lodge Close, Fareham have sold within a radius of 870 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th August 2024, was 5, Hope Lodge Close, Fareham, PO15 6FH, a freehold house which sold for £585,000.
Read more about house prices in PO15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 7 addresses on Hope Lodge Close, Fareham, PO15, 3, Hope Lodge Close, Fareham comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £175k more expensive than the average property across the PO15 district.
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Schools Nearby
- 500mSt Columba CE Primary School
- 900mOrchard Lea Infant School
- 900mOrchard Lea Junior School
- 500mThe Henry Cort Community College
- 2.6kmFareham Academy
- 4.4kmCams Hill School
More reading links
Public Transport Nearby
From 3, Hope Lodge Close, Fareham, the nearest station is Fareham, 2.3 kilometres away.
- 2.3kmFareham
- 3.6kmSwanwick
- 6.4kmBotley
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
