Flat 5, Fastnet House South Parade, Southsea, PO5 2JG is a leasehold flat built between 1950-1966. The property offers approximately 969 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £359,396 , which equates to approximately £371 per square foot. It was last sold on 12 May 2023 for £370,000. Since then, the value has decreased by £10,604, representing a 2.9% decrease, or approximately 1.1% per year.

The current estimated value of £359,396 is:

  • 22.6% higher than the average property price on South Parade
  • 9.8% higher than the average in the PO5 2JG postcode area
  • and 22.7% higher than the average price for Southsea as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 28 September 2022, the property was recorded as owner-occupied.

View sold house prices in PO5 2JG

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
969 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£359,396
Price Per sq ft (estimate)
£371
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 5, Fastnet House South Parade, Southsea, Portsmouth, PO5 2JG has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 28 Sep 2022.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 4 Jun 2018. The rating of C is unchanged, though the energy efficiency score decreased by 6.8%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (community scheme).
  • The hot water system was changed from community scheme to electric immersion, standard tariff, with its energy efficiency changing from very good to very poor.
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to cavity wall, as built, no insulation (assumed), improving energy efficiency from very poor to poor.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Community scheme
Good
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PO5 2JG

14 th / 28
Price Rank
10% higher than average
3 rd / 23
Size Rank
17% bigger than average
17 th / 23
Price Per Sq FT Rank
6% lower than average

Compared to other properties in PO5 2JG , this flat's estimated value ranks 14th out of 28. Based on price per square foot, it ranks 17th out of 23 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 3rd out of 23 properties in its postcode area.

Sale History

Today
£359,396
streetscan.co.uk estimate
-3 %
12 May 2023
£370,000
Leasehold
+60.9 %
30 Apr 2007
£229,950
Leasehold
+100 %
26 Jan 2000
£115,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 926 sq ft
sale price: £465,000
sale date: 27 Jan 2025
rooms: 3
size: 958 sq ft
sale price: £385,000
sale date: 4 May 2022
rooms: 3
size: 840 sq ft
sale price: £271,500
sale date: 26 Mar 2021
rooms: 3
size: 1012 sq ft
sale price: £240,000
sale date: 26 Aug 2020
rooms: 3
size: 958 sq ft
sale price: £361,000
sale date: 12 Feb 2020

Data Sources

The property at Flat 5, Fastnet House South Parade, Southsea, PO5 2JG appears three times in the Land Registry records, with the latest transaction recorded on 12 May 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Sep 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.