2A, Magdalene Way
2A, Magdalene Way
Description & Estimates
2A, Magdalene Way, Fareham is described in the public record as a mid-century apartment with 462 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 2A, Magdalene Way, Fareham is £175,902 and its rental estimate is £863 per month, given the available information and assuming reasonable condition.
2, Magdalene Way is a residential building on Magdalene Way, Fareham, PO14 and falls within the PO14 postal district and the borough of Fareham.
Our Data Sources
2A, Magdalene Way, Fareham has no recent1 records in the the Land Registry and a single entry in the EPC database dated July 2017.
We combine this information with public data 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 2A, Magdalene Way, Fareham, we estimate a market value of £184,697 and a rental value of £906 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £163,588 and £802 per month respectively.
Recent Market Change
Over the last year, 2A, Magdalene Way, Fareham has seen its estimated sale value fall by £2,272 (1.3%) and its estimated rental value move up by £32 per month (3.7%). This results in an estimated gross rental yield of 5.9%.
Energy Efficiency
2A, Magdalene Way, Fareham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jul 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2A, Magdalene Way, Fareham completed on 16th August 2002 at £84,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
- Sold Aug 2002£84,000
- Sold Mar 1999£48,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2A, Magdalene Way, Fareham have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th November 2024, was 17, Girton Close, Fareham, PO14 4QZ, a leasehold flat which sold for £222,500.
Read more about house prices in PO14.
- Sold Nov 2024£222,500 | 2 Bed Flat17, Girton Close, Fareham, PO14 4QZ17, Girton Close, Fareham, PO14 4QZ
- Sold Feb 2024£160,000 | 1 Bed Flat1A, Girton Close, Fareham, PO14 4QZ1A, Girton Close, Fareham, PO14 4QZ
- Sold Oct 2012£100,000 | 1 Bed Flat18A, Girton Close, Fareham, PO14 4QZ18A, Girton Close, Fareham, PO14 4QZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 28 addresses on Magdalene Way, Fareham, PO14, 2A, Magdalene Way, Fareham comes out as the 25th largest and the 25th most expensive in our analysis of the public data.
It is also £207k less expensive than the average property across the PO14 district.
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Schools Nearby
- 200mSt John the Baptist Church of England Primary School
- 400mSt Anthony's Catholic Primary School
- 1.0kmLocks Heath Infant & Nursery School
- 2.1kmBrookfield Community School
- 2.8kmThe Henry Cort Community College
- 4.5kmFareham Academy
More reading links
Public Transport Nearby
From 2A, Magdalene Way, Fareham, the nearest station is Swanwick, 2.2 kilometres away.
- 2.2kmSwanwick
- 4.6kmBursledon
- 4.7kmFareham
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
