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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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According to the public record, 45, The Spinney, Fareham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,264 ft2 of internal area and sits on a 613 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 45, The Spinney, Fareham is £488,508 and the estimated rental value is £1,877 per month.
The Spinney, Fareham, PO16 is located in the borough of Fareham within the PO16 postal district.
45, The Spinney, Fareham has a single entry in the Land Registry from November 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 45, The Spinney, Fareham is in very good condition we estimate a sale value of £512,933 and a rental value of £1,970 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £454,312 and a rental value of £1,745 per month.
Over the last 12 months the sale value of 45 The Spinney Fareham has decreased by an estimated £3,505 (0.7%) and its rental value has increased by an estimated £68 per month (3.6%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 45, The Spinney, Fareham sits on a plot of 613m2.
We have plot size data on 36 out of 37 other houses in the postcode and 45, The Spinney, Fareham sits on the 11th largest plot.
According to HM Land Registry, 45, The Spinney, Fareham was last sold on 22nd November 2021 for £485,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2021, the market for similar properties has dropped 18.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, The Spinney, Fareham within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 43, The Thicket, Fareham, PO16 8QA, a freehold house which sold for £560,000 on the 11th December 2023.
Read more about house prices in PO16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Spinney, Fareham, PO16 has a total of 60 addresses. According to our analysis of all the public data, 45, The Spinney, Fareham is the 14th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £145k more expensive than the average property in PO16.
The closest station to 45, The Spinney, Fareham is Portchester station which is 2.0 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 45, The Spinney, Fareham, 67.5% of property is privately owned outright and 25.4% 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 45, The Spinney, Fareham, 7.1% of residents are recorded as possessing school level qualifications and 27.9% 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 45, The Spinney, 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 45, The Spinney, Fareham, 0.8% 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 45, The Spinney, Fareham, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.
