2 Mill Road

    2, MILL ROAD, FAREHAM, PO16 0TN

    This detached freehold property on Mill Road last sold in September 2022 for £450,000. Based on price growth in the PO16 district since then, its estimated current value is £433,815 — placing it in the 72nd percentile nationally and the 78th percentile within PO16. The property covers 186 m² (2,002 sq ft), giving an estimated value of £2,332 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,002 sq ft

    186 m²

    Last Sale Price

    £450,000

    Sept 2022

    Estimated Valuation

    £433,815

    Est. £/sq ft

    £217/sq ft

    £2,332/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area2,002 sq ft (186 m²)
    EPC dateNov 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Sept 2022

    £450,000

    Key Metrics

    Estimated valuation£433,815
    Value per sq ft / m²£217/sq ft (£2,332/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO16 district percentile78th percentile
    National percentile72nd percentile

    District Context — PO16

    PO16 covers the Fareham area and surrounding communities on the south coast of Hampshire, situated between Southampton and Portsmouth. It is a well-established residential district with a strong owner-occupier base and appeal to families and those seeking commuter access to major employment centres.

    Average Property Price - PO16

    £342,222

    54

    National percentile

    Average Net Household Income - PO16

    £41,656

    65

    National percentile

    10-Year Annualised Price Growth - PO16

    4.1%

    68

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO16

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