Flat 16 Needles House Redlands Lane

    FLAT 16 NEEDLES HOUSE, REDLANDS LANE, FAREHAM, PO16 0UG

    This flat/maisonette leasehold property on Redlands Lane last sold in October 2020 for £115,000. Based on price growth in the PO16 district since then, its estimated current value is £128,953 — placing it in the 8th percentile nationally and the 5th percentile within PO16. The property covers 76 m² (818 sq ft), giving an estimated value of £1,697 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    818 sq ft

    76 m²

    Last Sale Price

    £115,000

    Oct 2020

    Estimated Valuation

    £128,953

    Est. £/sq ft

    £158/sq ft

    £1,697/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area818 sq ft (76 m²)
    EPC dateOct 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Oct 2020

    £115,000

    23 Oct 2003

    £89,000

    Key Metrics

    Estimated valuation£128,953
    Value per sq ft / m²£158/sq ft (£1,697/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO16 district percentile5th percentile
    National percentile8th 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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