15 Merecroft

    15, MERECROFT, FAREHAM, PO15 5ET

    This detached freehold property on Merecroft last sold in November 2023 for £500,000. Based on price growth in the PO15 district since then, its estimated current value is £466,608 — placing it in the 76th percentile nationally and the 82nd percentile within PO15. The property covers 116 m² (1,249 sq ft), giving an estimated value of £4,022 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,249 sq ft

    116 m²

    Last Sale Price

    £500,000

    Nov 2023

    Estimated Valuation

    £466,608

    Est. £/sq ft

    £374/sq ft

    £4,022/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageJ
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,249 sq ft (116 m²)
    EPC dateOct 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Nov 2023

    £500,000

    11 May 2015

    £349,950

    7 May 2004

    New build

    £300,000

    Key Metrics

    Estimated valuation£466,608
    Value per sq ft / m²£374/sq ft (£4,022/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO15 district percentile82nd percentile
    National percentile76th percentile

    District Context — PO15

    PO15 covers the Southend-on-Sea area in Essex, on the Thames estuary coast east of London. It is a well-established seaside town with a mix of residential neighbourhoods, seafront appeal, and good transport links to central London.

    Average Property Price - PO15

    £359,151

    58

    National percentile

    Average Net Household Income - PO15

    £44,414

    74

    National percentile

    10-Year Annualised Price Growth - PO15

    2.9%

    25

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO15

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