Flat 4, Paddon Place 87
Flat 4, Paddon Place 87
Description & Estimates
According to the public record, Flat 4, Paddon Place 87, Fareham is a modern apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 4, Paddon Place 87, Fareham is £174,911 and the estimated rental value is £871 per month.
The apartment is within Paddon Place, Watersmeet, Fareham, PO16.
Watersmeet, Fareham, PO16 is located in the borough of Fareham within the PO16 postal district.
Our Data Sources
Flat 4, Paddon Place 87, Fareham has no records in the the Land Registry and a single entry in the EPC database dated February 2019.
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
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 Flat 4, Paddon Place 87, Fareham is in very good condition we estimate a sale value of £183,657 and a rental value of £914 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £162,667 and a rental value of £810 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 4, Paddon Place 87, Fareham has declined by £1,260 (0.7%), while its estimated rental value has climbed by £30 per month (3.4%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Energy Efficiency
Flat 4, Paddon Place 87, Fareham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Feb 2019.
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
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Paddon Place 87, Fareham within a radius of 900 metres over the last 2 years.
The most recent example is Unit 15, Regents Trade Park, Barwell Lane, Gosport, PO13 0EQ, a leasehold flat which sold for £225,000 on the 7th May 2024.
Read more about house prices in PO16.
- Sold May 2024£225,000 | 2 Bed FlatRegents Trade Park, Barwell LaneUnit 15, Regents Trade Park, Barwell Lane, Gosport, PO13 0EQ
- Sold Jun 2021£110,000 | 2 Bed FlatRegents Trade Park, Barwell LaneUnit 25, Regents Trade Park, Barwell Lane, Gosport, PO13 0EQ
- Sold Jan 2021£140,000 | 2 Bed FlatMillers Quay House, Lower QuayFlat 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
Watersmeet, Fareham, PO16 has a total of 87 addresses. According to our analysis of all the public data, Flat 4, Paddon Place 87, Fareham is the 84th largest and the 84th most expensive property on the street.
When compared to the postcode district it is £170k less expensive than the average property in PO16.
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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
More reading links
Public Transport Nearby
The closest station to Flat 4, Paddon Place 87, Fareham is Fareham station, which is 1.7 kilometres away.
- 1.7kmFareham
- 3.9kmPortchester
- 6.9kmPortsmouth Harbour
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
