Flat 5, Homefayre House Western Road, Fareham, PO16 0LU is a leasehold flat built between 1983-1990. The property offers approximately 420 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £117,057 , which equates to approximately £279 per square foot. It was last sold on 6 Jan 2020 for £102,500. Since then, the value has increased by £14,557, representing a 14.2% increase, or approximately 2.4% per year.

The current estimated value of £117,057 is:

  • 12.6% lower than the average property price on Western Road
  • 25.3% higher than the average in the PO16 0LU postcode area
  • and 70.2% lower than the average price for Fareham 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 11 April 2019, the property was recorded as owner-occupied.

View sold house prices in PO16 0LU

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
420 sq ft
Tenure
Leasehold
Price (estimate)
£117,057
Price Per sq ft (estimate)
£279
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, Homefayre House Western Road, Fareham, Hampshire, PO16 0LU has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 11 Apr 2019.

This property uses electric storage heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 19 Mar 2016, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 16.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system changed from electric immersion, standard tariff to electric instantaneous at point of use, with no change in energy efficiency (very poor).
Heating Type
Electric storage heaters
Average
Hot Water
Electric instantaneous at point of use
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PO16 0LU

55 th / 61
Price Rank
25% higher than average
41 st / 53
Size Rank
6% smaller than average
45 th / 53
Price Per Sq FT Rank
33% higher than average

Compared to other properties in PO16 0LU , this flat's estimated value ranks 55th out of 61. Based on price per square foot, it ranks 45th out of 53 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 41th out of 53 properties in its postcode area.

Sale History

Today
£117,057
streetscan.co.uk estimate
+14 %
6 Jan 2020
£102,500
Leasehold
+33.1 %
29 Jun 2016
£77,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 431 sq ft
sale price: £70,000
sale date: 5 Nov 2024
rooms: 2
size: 409 sq ft
sale price: £65,000
sale date: 30 Jul 2024
rooms: 2
size: 409 sq ft
sale price: £77,000
sale date: 1 Jul 2024
rooms: 2
size: 452 sq ft
sale price: £79,200
sale date: 12 Jan 2024
rooms: 2
size: 463 sq ft
sale price: £60,000
sale date: 23 Nov 2023

Data Sources

The property at Flat 5, Homefayre House Western Road, Fareham, PO16 0LU appears two times in the Land Registry records, with the latest transaction recorded on 6 Jan 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Apr 2019. 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.