55 Park Lane

    55, PARK LANE, FAREHAM, PO16 7LE

    This detached freehold property on Park Lane last sold in December 2014 for £491,000. Based on price growth in the PO16 district since then, its estimated current value is £740,806 — placing it in the 91st percentile nationally and the 98th percentile within PO16. The property covers 173 m² (1,862 sq ft), giving an estimated value of £4,282 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,862 sq ft

    173 m²

    Last Sale Price

    £491,000

    Dec 2014

    Estimated Valuation

    £740,806

    Est. £/sq ft

    £398/sq ft

    £4,282/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,862 sq ft (173 m²)
    EPC dateAug 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Dec 2014

    £491,000

    Key Metrics

    Estimated valuation£740,806
    Value per sq ft / m²£398/sq ft (£4,282/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO16 district percentile98th percentile
    National percentile91st 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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