8, Hope Lodge Close
8, Hope Lodge Close
Description & Estimates
According to the public record, 8, Hope Lodge Close, Fareham is a modern freehold house with 1,603 ft2 of internal area and sits on a 351 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Hope Lodge Close, Fareham is £549,915 and the estimated rental value is £1,900 per month.
Hope Lodge Close, Fareham, PO15 is located in the borough of Fareham within the PO15 postal district.
Our Data Sources
8, Hope Lodge Close, Fareham has a single entry in the Land Registry from October 2019 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
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 8, Hope Lodge Close, Fareham is in very good condition we estimate a sale value of £577,411 and a rental value of £1,996 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £511,421 and a rental value of £1,767 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8, Hope Lodge Close, Fareham has fallen by £5,840 (1.1%), while its estimated rental value has moved up by £77 per month (4.0%). Based on current estimates, the property offers a gross rental yield of 4.1%.
Plot Size
According to data from HM Land Registry, 8, Hope Lodge Close, Fareham sits on a plot of 351 m2.
We have plot size data on 7 out of 7 other houses in the postcode and 8, Hope Lodge Close, Fareham sits on the 5th largest plot.
Energy Efficiency
8, Hope Lodge Close, Fareham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 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
According to HM Land Registry, 8, Hope Lodge Close, Fareham was last sold on 31st October 2019 for £458,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2019, the market for similar properties has risen by 32.7%.
- Sold Oct 2019£458,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Hope Lodge Close, Fareham within a radius of 900 metres over the last 2 years.
The most recent example is 5, Hope Lodge Close, Fareham, PO15 6FH, a freehold house which sold for £585,000 on the 13th August 2024.
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
Hope Lodge Close, Fareham, PO15 has a total of 7 addresses. According to our analysis of all the public data, 8, Hope Lodge Close, Fareham is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £188k more expensive than the average property in PO15.
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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
The closest station to 8, Hope Lodge Close, Fareham is Fareham station, which is 2.3 kilometres away.
- 2.3kmFareham
- 3.6kmSwanwick
- 6.4kmBotley
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
