41 Park Lane

    41, PARK LANE, FAREHAM, PO16 7LE

    This detached freehold property on Park Lane last sold in November 2016 for £500,000. Based on price growth in the PO16 district since then, its estimated current value is £641,446 — placing it in the 88th percentile nationally and the 96th percentile within PO16. The property covers 119 m² (1,281 sq ft), giving an estimated value of £5,390 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,281 sq ft

    119 m²

    Last Sale Price

    £500,000

    Nov 2016

    Estimated Valuation

    £641,446

    Est. £/sq ft

    £501/sq ft

    £5,390/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area1,281 sq ft (119 m²)
    EPC dateJul 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Nov 2016

    £500,000

    Key Metrics

    Estimated valuation£641,446
    Value per sq ft / m²£501/sq ft (£5,390/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO16 district percentile96th percentile
    National percentile88th 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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