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What is the property market like in Fareham on Rightmove?

by | Jul 6, 2023

Home $ An overview on Rightmove property listings in the UK $ What is the property market like in Fareham on Rightmove?

Deciding on the right property to purchase in the UK is a big deal. The decision to rent and where to rent is also a huge decision too. This article goes over the Rightmove data related to Fareham and analyses just how good of an area it is to find somewhere to buy or to rent.
By the end of the article, you should be able to make an informed decision and pick from the list of properties to rent or the 20 number of properties that are sold.

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What are the number of HMOs on Rightmove that are licenced in the area of Fareham?

The average asking price for a House in Multiple Occupation (HMO) in Fareham is no relevant data for this city. Understanding this information is essential for anyone interested in saving some money on rent because Houses of Multiple Occupancy tend to be cheaper to rent than any other type of property.
By opting for shared living arrangements within a HMO, you can also get an ensuite in your room too. The average price of a room with an ensuite in a HMO in the city of Fareham is no relevant data for this city and there are also 10 in the area in total. This number of licenced HMO properties should be looked at in relation to the fact there are 56,000 properties that are licenced in the whole of the UK so you can see how much this area contains.

From Rightmove listings, what is the availability of green space in Fareham

Green space is a vital element that is often compromised in different locations, hindering its availability. For instance, urban areas frequently fall short of the recommended benchmark of 6 acres of green space per thousand people. In Fareham, the available data reveals that there are 30.9 acres of green space per thousand residents. For health reasons, there should be 6 acres.

According to Rightmove data from Fareham, what properties are renting?

Fareham’s demographics and income insights based on Rightmove data

In the city of Fareham, the population stands at 87456 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately 28% of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to £50,882.35. This information is significant for renters, as a higher percentage of degree holders compared to the regional average of 22.6% suggests that your neighbours are likely to be higher earners. While other factors influence neighbour quality too, considering the education level remains beneficial as you’d likely want to be around people you are similar to.

What is the level of Rightmove affordable housing and social rent in Fareham?

If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, 8% of individuals in Fareham rent from the government or housing associations compared to the national average of 20.7%.
In general, if the percentage of people who have government housing is below the national average, you are more likely to see smaller houses. This may not be a bad thing as it all depends on personal preference and there are also other factors that contribute to the general feel of the area like household income which is £50,882.35. Most people in the Uk earn around £34,000 which is convenient for comparison.

If you are looking to rent a property, consider the data below that will help you decide on renting your next premises.

Home listings in Fareham on the platform of Rightmove

From Fareham’s Rightmove data, what are the number of planning permission applications?

The city of Fareham, according to Rightmove listings, has a commendable planning success rate of 95% and there are around 14 that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Fareham.

Linking rental yields with Rightmove property listings in Fareham

As you may be aware, rental yield is an extremely important metric to judge how effective a property is in terms of producing a return on investment. In the city of Fareham, there is an average of £0 for rental yield.
Fareham can be compared to the rest of the UK that tends to have an average of around 4.4% yield where the higher the yield the higher the return on the amount of money in the deal. This is because the area’s rental yield of £0 is first worked out by multiplying the monthly rent by twelve to find the annual rent. Then, you take away the associated costs of the property from the annual rental income to find the net rent. This net rent can then be divided by the purchase price and multiplied by 100 to find the rental yield as a percentage.

A city such as Fareham has a fair amount of houses for sale on Rightmove. In the following headings, we go over all the relevant data related to Rightmove so you can begin the process of buying a house. Figuring out the best type of property to buy is a difficult process so it is useful to see all the relevant information condensed in one place.

An overview of Fareham property in Rightmove from an investment perspective

When weighing up an investment property, take into careful consideration the data provided by Rightmove as if you use them the right way, you can really use them to make informed decisions.



By closely examining the monthly property sales volume in the area and looking at this in relation to the number of homes there are (currently 20 properties are sold each month), you can work out the turnover too, which is nan in Fareham.



Even if these figures appear to be positive, it is still worth looking at other factors like the population difference over ten years which is 4%. Also comparing this data to an area slightly bigger, such as South East by visiting our page for this, you can find additional data to help you on your search too.

How Rightmove listings in Fareham help you make an investment

Based on Rightmove, there is a lot of data you can gather about Fareham and there is a lot that can go towards making the decision to invest. So, the average rental yield of the area is £0. and the average asking rent based on Rightmove data is £1,169. In general, the higher this figure is for asking rent, the more the mortgage payments will likely be when you buy the property, hence the rental income has to go up in order to pay it off. It is also useful to find out the asking rent property by property. First of all, the average rent for a one bedroom property is PO14, for a two bed is, no relevant data for this city, a three bed is no relevant data for this city. Finally, a four bed average asking price is no relevant data for this city, and a five bed, no relevant data for this city. Comparing these prices should allow you to work out what property to buy based on your budget and the mortgage that fits the average asking rent.

In the area, using Rightmove data, what are most people selling their property for?

By looking at the below table taken from Rightmove data, you can gain great insights into the property market of Fareham. With an overall sold price of approximately £302,012, according to Rightmove and further listing platforms such as Zoopla, buyers can now make an informed decision as to whether this suits their budget.

Class of property Average sale
Flat £161,519
Terraced house £254,162
Semi-detached house £289,489
detached house £416,804

Frequently asked Questions

Discover the mean property value in Fareham as reported on Rightmove.

In Fareham, the mean price for residential properties up for sale is £302,012. The mean price for the average property valuation across the UK is £286,000.

Does exploring properties on Rightmove within Fareham come with any fees you may not be aware of?

Landlords should remain attentive to several financial considerations. These may include but are not limited to the costs of running the property, the rate of stamp duty and renovation costs.

According to Rightmove data, how prevalent is crime in Fareham’s vicinity?

The ongoing crime rate in Fareham indicates 69.66666667 instances for every 1000 citizens.

What’s the frequency of property sales per month in Fareham as reported by listing portals?

To comprehend the insights extracted from listing portals like Rightmove begin by acknowledging that the ongoing frequency of houses sold each month equates to 20. To learn more about houses for sale and why this data is important

According to Rightmove, what’s the mean price of a three-bedroom property in Fareham?

The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.

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donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

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