Flat 6 Needles House Redlands Lane

    FLAT 6 NEEDLES HOUSE, REDLANDS LANE, FAREHAM, PO16 0UG

    This flat/maisonette leasehold property on Redlands Lane last sold in October 2015 for £122,500. Based on price growth in the PO16 district since then, its estimated current value is £145,690 — placing it in the 12th percentile nationally and the 7th percentile within PO16. The property covers 72 m² (775 sq ft), giving an estimated value of £2,023 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £122,500

    Oct 2015

    Estimated Valuation

    £145,690

    Est. £/sq ft

    £188/sq ft

    £2,023/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area775 sq ft (72 m²)
    EPC dateApr 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Oct 2015

    £122,500

    6 Jul 2012

    £117,000

    17 Jun 2005

    £115,000

    13 Dec 2002

    £75,000

    3 Mar 2000

    £48,500

    Key Metrics

    Estimated valuation£145,690
    Value per sq ft / m²£188/sq ft (£2,023/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO16 district percentile7th percentile
    National percentile12th 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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