PO16 0LU is a residential postcode situated on Western Road, Fareham, PO16 with 62 addresses.
It ranks as the 924th largest and most expensive of the 929 postcodes in the PO16 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 62 properties: 62 flats.
PO16 0LU is a residential postcode situated on Western Road, Fareham, PO16 with 62 addresses.
It ranks as the 924th largest and most expensive of the 929 postcodes in the PO16 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 62 properties: 62 flats.
Sale prices range from £61,647 for 1 bedroom leasehold flats (258 ft2) to £165,213 for 2 bedroom leasehold flats (527 ft2) .
Monthly rental prices range from £386 pcm for 1 bed flats to £884 pcm for 2 bed flats.
The gross rental yield is between 6.4% and 7.6%.
The average value per square foot is £175.
The last sale in PO16 0LU sold for £95,000 on 25th November 2025. Since then prices are up an average of 1.0%.
The current average value in the postcode is £81,357.
The PO16 0LU Sales Market has increased by 15.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.3% | £81,357 |
| April 2025 | -2.3% | £82,393 |
| April 2024 | -1.4% | £84,310 |
| April 2023 | 1.6% | £85,536 |
| April 2022 | 8.3% | £84,224 |
| April 2021 | 1.6% | £77,778 |
| April 2020 | 2% | £76,520 |
| April 2019 | 0.6% | £75,013 |
| April 2018 | 1% | £74,601 |
| April 2017 | 5.1% | £73,827 |
| April 2016 | 6.4% | £70,227 |
| April 2015 | 7% | £66,006 |
| April 2014 | 7% | £61,689 |
| April 2013 | -0.3% | £57,628 |
| April 2012 | -1.3% | £57,803 |
| April 2011 | -2.5% | £58,564 |
| April 2010 | 6.8% | £60,055 |
| April 2009 | -13.6% | £56,230 |
| April 2008 | 2.4% | £65,110 |
| April 2007 | 0% | £63,601 |
The current average rental value in the postcode is £507.
The PO16 0LU Rental Market has increased by 39.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.2% | £507pcm |
| April 2025 | 3.7% | £491pcm |
| April 2024 | 10% | £474pcm |
| April 2023 | 5.8% | £431pcm |
| April 2022 | 6.2% | £407pcm |
| April 2021 | 0.7% | £383pcm |
| April 2020 | 4.2% | £380pcm |
| April 2019 | 0.5% | £365pcm |
| April 2018 | -1.2% | £363pcm |
| April 2017 | 1.3% | £367pcm |
| April 2016 | 2.1% | £363pcm |
| April 2015 | 3.5% | £355pcm |
| April 2014 | 3.1% | £343pcm |
| April 2013 | 2.3% | £333pcm |
| April 2012 | 0% | £325pcm |
| April 2011 | 1% | £325pcm |
| April 2010 | 1.3% | £322pcm |
| April 2009 | -4.5% | £318pcm |
| April 2008 | 3% | £333pcm |
| April 2007 | 0% | £323pcm |
The last sale was on 25th November 2025 for £95,000 and since then the market in the area has increased by 1.0%. The postcode has had a total of 161 sales since 1995.
PO16 0LU has seen 14 sales in the last three years and 2 sales in the last twelve months.
PO16 0LU is the 924th largest and the most expensive postcode out of the 929 postcodes in the PO16 area.
Be the first Estate
Agent here!
The closest station to PO16 0LU is Fareham station which is 600 metres away.
Be the first Estate
Agent here!