Flat 7, Paddon Place 87
Flat 7, Paddon Place 87
Description & Estimates
The public record describes Flat 7, Paddon Place 87, Fareham as a modern apartment with 516 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 7, Paddon Place 87, Fareham has an estimated sale value of £176,844 and an estimated rental value of £878 per month, assuming reasonable condition and based on the information available.
The apartment sits within Paddon Place, Watersmeet, Fareham, PO16.
Watersmeet, Fareham, PO16 lies in the borough of Fareham, within the PO16 postal district.
Our Data Sources
Flat 7, Paddon Place 87, Fareham has no records in the the Land Registry and a single entry in the EPC database dated August 2023.
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
In very good condition, we estimate Flat 7, Paddon Place 87, Fareham would be worth £185,686, with a potential rental value of £922 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £164,465, with a rental value of £816 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 7, Paddon Place 87, Fareham has declined by £1,274 (0.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £30 (3.4%). The property's estimated gross yield is currently 6.0%.
Energy Efficiency
Flat 7, Paddon Place 87, Fareham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Aug 2023.
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
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 900 metres of Flat 7, Paddon Place 87, Fareham across the last 2 years.
Most recently, Unit 15, Regents Trade Park, Barwell Lane, Gosport, PO13 0EQ, a leasehold flat, sold at £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
Our analysis of the public data ranks Flat 7, Paddon Place 87, Fareham as the 83rd largest and the 83rd most expensive of the 87 addresses on Watersmeet, Fareham, PO16.
Against the PO16 postcode district average, it is £168k less expensive than the typical property.
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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
Fareham station is the nearest stop to Flat 7, Paddon Place 87, Fareham at 1.7 kilometres away.
- 1.7kmFareham
- 3.9kmPortchester
- 6.9kmPortsmouth Harbour
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
