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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 31A, Postern Close, Fareham is £192,330 and the estimated rental value is £925 per month.
The apartment is within 31, Postern Close, Portchester, Fareham, PO16.
Postern Close, Portchester, Fareham, PO16 is located in the borough of Fareham within the PO16 postal district.
31A, Postern Close, Fareham has 2 entries in the Land Registry , most recently in May 2022 and a single entry in the EPC database dated October 2021.
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.
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 31A, Postern Close, Fareham is in very good condition we estimate a sale value of £201,947 and a rental value of £971 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £178,867 and a rental value of £860 per month.
Over the past 12 months, the estimated sale value of 31A, Postern Close, Fareham has decreased by £1,386 (0.7%), while its estimated rental value has grown by £31 per month (3.4%). Based on current estimates, the property offers a gross rental yield of 5.8%.
31A, Postern Close, Fareham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Oct 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 31A, Postern Close, Fareham was last sold on 6th May 2022 for £206,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2022, the market for similar properties has dropped by 8.7%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31A, Postern Close, Fareham within a radius of 590 metres over the last 2 years.
The most recent example is 28A, Postern Close, Fareham, PO16 9NB, a leasehold flat which sold for £176,500 on the 30th April 2024.
Read more about house prices in PO16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Postern Close, Portchester, Fareham, PO16 has a total of 60 addresses. According to our analysis of all the public data, 31A, Postern Close, Fareham is the 36th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in PO16.
The closest station to 31A, Postern Close, Fareham is Portchester station, which is 300 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 31A, Postern Close, Fareham, 61.4% of property is privately owned outright and 19.3% 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 31A, Postern Close, Fareham, 12.1% of residents are recorded as possessing school level qualifications and 23.7% 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 31A, Postern Close, Fareham, the average age was 46.1 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 31A, Postern Close, Fareham, 1.8% 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 31A, Postern Close, Fareham, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.