House Prices in PO16 House Prices in PO16 (Fareham)

The average house price in PO16 (Fareham) is £322,358 using HM Land Registry data.

The average property price increased by £37,303 (18.85%) over the last 5 years and increased by £7,475 (2.99%) over the last 12 months.

Over the last year, there were 400 residential property sales – a decrease of 80 transactions (-20.00%) relative to the previous year. The majority of house sales (111) were in the £280,000 - £350,000 range. Then came properties in the £210,000 - £280,000 range, where 68 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 209 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,423 (-2%).

In March 2025, there were 94 new estate agency instructions, 74 agreed home sales and 55 property price reductions.

5-Year Average Property Prices in PO16 (Fareham)

18.85%

Property prices in PO16 (Fareham) increased by 18.85% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in PO16 (Fareham) Over the Last Year

2.99%

Property prices in PO16 (Fareham) increased by 2.99% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for PO16 (Fareham) - March 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in PO16 (Fareham)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in PO16 (Fareham)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in PO16 (Fareham)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the PO16 (Fareham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PO16 postcode area since 1995.

Recent Sales in PO16 (Fareham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
22 Lynton Gardens, Fareham, Hampshire, PO16 7NB£369,000£367,000-£2,00024 Jun 202419 Feb 2025240 Days
44 Portobello Grove, Portchester, Fareham, Hampshire, PO16 8HU£350,000£345,000-£5,00016 Sep 202417 Feb 2025154 Days
12 Waltham Close, Fareham, Hampshire, PO16 8EQ£255,000£250,000-£5,00009 Sep 202417 Feb 2025161 Days
18 Cranleigh Road, Portchester, Fareham, Hampshire, PO16 9DH£385,000£385,000£011 Sep 202411 Feb 2025153 Days
53 Kelvin Grove, Portchester, Fareham, Hampshire, PO16 8LF£335,000£335,000£007 Aug 202403 Feb 2025180 Days
63 The Hillway, Portchester, Fareham, Hampshire, PO16 8BP£410,000£391,000-£19,00017 Sep 202431 Jan 2025136 Days
44 The Tollgate, Fareham, Hampshire, PO16 7FG£155,000£155,000£013 Sep 202230 Jan 2025870 Days
56 Johns Road, Fareham, Hampshire, PO16 0SA£375,000£367,500-£7,50019 Sep 202427 Jan 2025130 Days
46 Earls Road, Fareham, Hampshire, PO16 0RT£325,000£323,000-£2,00008 Jul 202424 Jan 2025200 Days
5 Crescent Road, Fareham, Hampshire, PO16 0HJ£280,000£275,000-£5,00006 Apr 202424 Jan 2025293 Days
35 Leith Avenue, Portchester, Fareham, Hampshire, PO16 8HN£350,000£320,000-£30,00009 Sep 202424 Jan 2025137 Days
Flat 5, Redwood Lodge, Northwood Square, Fareham, Hampshire, PO16 7NF£170,000£159,000-£11,00030 Apr 202420 Jan 2025265 Days
66 Cornaway Lane, Fareham, Hampshire, PO16 9DD£282,995£278,000-£4,99505 Sep 202417 Jan 2025134 Days
180 Redlands Lane, Fareham, Hampshire, PO16 0UD£315,000£300,000-£15,00014 Sep 202410 Jan 2025118 Days
59 Colenso Road, Fareham, Hampshire, PO16 7SN£260,000£243,000-£17,00026 Feb 202410 Jan 2025319 Days
8 Leckford Close, Fareham, Hampshire, PO16 8DZ£365,000£355,000-£10,00008 Oct 202407 Jan 202591 Days
8 Quintrel Avenue, Fareham, Hampshire, PO16 9TE£369,995£369,995£023 May 202418 Dec 2024209 Days
36 Mallory Crescent, Fareham, Hampshire, PO16 7QA£675,000£660,000-£15,00001 Oct 202418 Dec 202478 Days
31 Edward Grove, Portchester, Fareham, Hampshire, PO16 8HZ£365,000£365,000£001 Aug 202418 Dec 2024139 Days
17 The Queensway, Portchester, Fareham, Hampshire, PO16 8AY£389,950£375,000-£14,95019 Sep 202317 Dec 2024455 Days

Most Expensive Streets in PO16 (Fareham)

PostcodeStreetAreaAverageNo. of Sales
PO16 8QJPortchester RoadFareham£932,3333
PO16 7NAMiller DriveFareham£843,3333
PO16 7LEPark LaneFareham£726,0833
PO16 8REThe RidgewayFareham£715,5007
PO16 7LBPark LaneFareham£684,0005
PO16 8APPortchester Road, PortchesterFareham£665,0003
PO16 7JAGiles CloseFareham£645,0003
PO16 7QSMaylings Farm RoadFareham£610,6254
PO16 7YDWilliam Price GardensFareham£603,3333
PO16 9QHCastle Street, PortchesterFareham£592,9166

Least Expensive Streets in PO16 (Fareham)

PostcodeStreetAreaAverageNo. of Sales
PO16 0LUHomefayre House, Western RoadFareham£77,05721
PO16 9UHNew Priory Gardens, PortchesterFareham£94,88511
PO16 0UPYoungbridge Court, Redlands LaneFareham£95,6254
PO16 7RUTiverton Court, Wickham RoadFareham£98,4005
PO16 0DACedar Court, Bath LaneFareham£112,78521
PO16 7ASFaregrove Court, Grove RoadFareham£118,30921
PO16 7SXTrinity StreetFareham£124,78116
PO16 8EERobinson CourtFareham£129,9974
PO16 7USMoresby Court, Westbury RoadFareham£130,44027
PO16 0LEClarkes Court, Quay Street, FarehamFareham£133,5005

Explore PO16 (Fareham) using map

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