40, Cort Way
40, Cort Way
Description & Estimates
Public records show 40, Cort Way, Fareham to be a mid-century leasehold apartment with 613 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
40, Cort Way, Fareham has an estimated sale value of £178,408 and an estimated rental value of £988 per month, assuming reasonable condition and based on the information available.
Cort Way, Fareham, PO15 lies in the borough of Fareham, within the PO15 postal district.
Our Data Sources
40, Cort Way, Fareham has a single entry in the Land Registry from May 2019 and a single entry in the EPC database dated June 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 40, Cort Way, Fareham would be worth £187,328, with a potential rental value of £1,038 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £165,919, with a rental value of £919 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 40, Cort Way, Fareham has decreased by £2,626 (1.5%) over the last year. During the same period, its estimated monthly rental value has grown by £33 (3.4%). The property's estimated gross yield is currently 6.6%.
Energy Efficiency
40, Cort Way, Fareham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jun 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
40, Cort Way, Fareham last changed hands on 31st May 2019, selling for £164,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 14.2% since May 2019.
- Sold May 2019£164,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 820 metres of 40, Cort Way, Fareham across the last 2 years.
Most recently, 56, Cort Way, Fareham, PO15 6NZ, a leasehold flat, sold at £200,000 on the 30th May 2022.
Read more about house prices in PO15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 40, Cort Way, Fareham as the 47th largest and the 45th most expensive of the 50 addresses on Cort Way, Fareham, PO15.
Against the PO15 postcode district average, it is £184k less expensive than the typical property.
More reading links
Schools Nearby
- 400mSt Columba CE Primary School
- 800mOrchard Lea Infant School
- 900mOrchard Lea Junior School
- 400mThe Henry Cort Community College
- 2.5kmFareham Academy
- 4.3kmCams Hill School
More reading links
Public Transport Nearby
Fareham station is the nearest stop to 40, Cort Way, Fareham at 2.2 kilometres away.
- 2.2kmFareham
- 3.7kmSwanwick
- 6.5kmBotley
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
