Flat 16, Paddon Place 87
Flat 16, Paddon Place 87
Description & Estimates
Flat 16, Paddon Place 87, Fareham is described in the public record as a modern apartment with 502 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 16, Paddon Place 87, Fareham is £173,832 and its rental estimate is £866 per month, given the available information and assuming reasonable condition.
Paddon Place, Watersmeet is a residential building on Watersmeet, Fareham, PO16 and falls within the PO16 postal district and the borough of Fareham.
Our Data Sources
Flat 16, Paddon Place 87, Fareham has no records in the the Land Registry and a single entry in the EPC database dated February 2010.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Flat 16, Paddon Place 87, Fareham, we estimate a market value of £182,523 and a rental value of £909 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £161,663 and £806 per month respectively.
Recent Market Change
Over the last year, Flat 16, Paddon Place 87, Fareham has seen its estimated sale value drop by £1,253 (0.7%) and its estimated rental value rise by £29 per month (3.4%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
Flat 16, Paddon Place 87, Fareham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Feb 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 16, Paddon Place 87, Fareham have sold within a radius of 900 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th May 2024, was Unit 15, Regents Trade Park, Barwell Lane, Gosport, PO13 0EQ, a leasehold flat which sold for £225,000.
Read more about house prices in PO16.
- Sold May 2024£225,000 | 2 Bed FlatUnit 15, Regents Trade Park, Barwell Lane, Gosport, PO13 0EQUnit 15, Regents Trade Park, Barwell Lane, Gosport, PO13 0EQ
- Sold Jun 2021£110,000 | 2 Bed FlatUnit 25, Regents Trade Park, Barwell Lane, Gosport, PO13 0EQUnit 25, Regents Trade Park, Barwell Lane, Gosport, PO13 0EQ
- Sold Jan 2021£140,000 | 2 Bed FlatFlat 5, Millers Quay House, Lower Quay, Fareham, PO16 0RHFlat 5, Millers Quay House, Lower Quay, Fareham, PO16 0RH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 87 addresses on Watersmeet, Fareham, PO16, Flat 16, Paddon Place 87, Fareham comes out as the 85th largest and the 85th most expensive in our analysis of the public data.
It is also £171k less expensive than the average property across the PO16 district.
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Schools Nearby
- 700mRedlands Primary School
- 1.1kmWoodcot Primary School
- 1.7kmHolbrook Primary School
- 1.5kmFareham Academy
- 1.8kmCams Hill School
- 1.9kmBridgemary School
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Public Transport Nearby
From Flat 16, Paddon Place 87, Fareham, the nearest station is Fareham, 1.7 kilometres away.
- 1.7kmFareham
- 3.9kmPortchester
- 6.9kmPortsmouth Harbour
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.
