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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
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40, Paxton Road, Fareham is recorded publicly as a mid-century leasehold apartment across 699 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 40, Paxton Road, Fareham is £170,498 and its rental estimate is £970 per month, given the available information and assuming reasonable condition.
Paxton Road, Fareham, PO14 falls within the PO14 postal district, in the borough of Fareham.
40, Paxton Road, Fareham has 2 entries in the Land Registry , most recently in September 2023 and a single entry in the EPC database dated November 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.
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 40, Paxton Road, Fareham, we estimate a market value of £179,023 and a rental value of £1,019 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £158,564 and £902 per month respectively.
Over the last year, 40, Paxton Road, Fareham has seen its estimated sale value move down by £2,501 (1.5%) and its estimated rental value increase by £34 per month (3.5%). This results in an estimated gross rental yield of 6.8%.
40, Paxton Road, Fareham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Nov 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The most recent sale of 40, Paxton Road, Fareham completed on 15th September 2023 at £187,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 8.5% over the period since September 2023.
Over the past 2 years 3 properties similar to 40, Paxton Road, Fareham have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th January 2022, was 32, Paxton Road, Fareham, PO14 1AB, a leasehold flat which sold for £17,550.
Read more about house prices in PO14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 183 addresses on Paxton Road, Fareham, PO14, 40, Paxton Road, Fareham comes out as the 152nd largest and the 172nd most expensive in our analysis of the public data.
It is also £212k less expensive than the average property across the PO14 district.
From 40, Paxton Road, Fareham, the nearest station is Fareham, 200 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 40, Paxton Road, Fareham, 41.0% of property is privately owned with a mortgage and 36.4% 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 40, Paxton Road, Fareham, 15.6% of residents are recorded as possessing school level qualifications and 30.8% 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 40, Paxton Road, Fareham, the average age was 40.4 and the most common age was 32.
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 40, Paxton Road, Fareham, 0.5% 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 40, Paxton Road, Fareham, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.
