Flat 2 Meon House Redlands Lane

    FLAT 2 MEON HOUSE, REDLANDS LANE, FAREHAM, PO16 0UF

    This flat/maisonette leasehold property on Redlands Lane last sold in September 2018 for £162,000. Based on price growth in the PO16 district since then, its estimated current value is £153,798 — placing it in the 13th percentile nationally and the 9th percentile within PO16. The property covers 76 m² (818 sq ft), giving an estimated value of £2,024 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    818 sq ft

    76 m²

    Last Sale Price

    £162,000

    Sept 2018

    Estimated Valuation

    £153,798

    Est. £/sq ft

    £188/sq ft

    £2,024/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialD
    Floor area818 sq ft (76 m²)
    EPC dateOct 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Sept 2018

    £162,000

    17 Jun 2016

    £130,000

    3 Sept 2001

    £54,250

    Key Metrics

    Estimated valuation£153,798
    Value per sq ft / m²£188/sq ft (£2,024/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO16 district percentile9th percentile
    National percentile13th 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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