7, ORME COURT, FAREHAM, PO16 7DL - £152,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 ORME COURT is a small flat of 49m², built sometime between 2007 and 2011, which could now be worth an estimated £143,481. It was last sold for £152,500 in February 2023, which was around 10% below the average February 2023 flat price in the Fareham local authority area. The most recent EPC inspection was December 2022, where the current energy rating was B, and the potential energy rating was B.

7 ORME COURT Sold Prices

Land registry data shows two sales for 7 ORME COURT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Fareham local authority area for the corresponding sale date. One of the two 7 ORME COURT sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 17 FEB	£152,500	£169,568	10% below HPI
2008 28 JAN	£144,950	£124,457	16% above HPI

What might 7 ORME COURT be worth now?

7 ORME COURT might now be worth an estimated £143,481.

This is based on house price deflation of 5.9%, between February 2023 and March 2026, for flats, in the Fareham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.9% deflationary decrease is applied to the most recent sale price for 7 ORME COURT of £152,500 on 17th February 2023. For the value to have decreased from £152,500 to £143,481 over the two years and eleven months to March 2026, the following assumptions must hold true:

• The value of 7 ORME COURT has moved in line with the HPI for flats in the Fareham local authority area.
• The February 2023 sale price of £152,500 represented a fair market value for the property.
• The size, condition, and specification of 7 ORME COURT has not materially changed since February 2023.

How Large is 7 ORME COURT?

7 ORME COURT is 49m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 40% of flats in Fareham, based on EPC data. 34% of flats are smaller than 7 ORME COURT, and 65% of flats are larger. Note that EPC data is not available for all properties in Fareham.

7 ORME COURT: Plot

7 ORME COURT sits on a plot of roughly 0.186 of an acre, or 751m².

Where is 7 ORME COURT?

7 ORME COURT is located in FAREHAM, in the PO16 postcode district.