Mill Road - PO16 0TP
Key Postcode Insights
PO16 0TP is a residential postcode situated on Mill Road, Fareham, PO16 with 19 addresses.
It ranks as the 605th largest and 334th most expensive of the 929 postcodes in the PO16 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 19 properties: 18 houses and 1 flat.
- Ave. Sale Price
- £303,915
- 10 Year change
- up 27.7%
- Ave. Rental Price
- £1,597pcm
- 10 Year change
- up 54.4%
- Ave. £ per ft²
- £332/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
PO16 0TP is a residential postcode situated on Mill Road, Fareham, PO16 with 19 addresses.
It ranks as the 605th largest and 334th most expensive of the 929 postcodes in the PO16 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 19 properties: 18 houses and 1 flat.
- Ave. Sale Price
- £303,915
- 10 Year change
- up 27.7%
- Ave. Rental Price
- £1,597pcm
- 10 Year change
- up 54.4%
- Ave. £ per ft²
- £332/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin PO16 0TP
- 18 Mill Road
Building  |  2 Flats
- 20 Mill Road
House
- 22 Mill Road
3 Bed Early-century House
- 24A Mill Road
2 Bed Mid-century House
- 24B Mill Road
3 Bed Mid-century House
Sales Market Trends
The last sale in PO16 0TP sold for £315,000 on 18th July 2025. Since then prices are down an average of 0.5%.
The current average value in the postcode is £303,915.
The PO16 0TP Sales Market has increased by 27.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £303,915 |
| June 2025 | -0.1% | £305,543 |
| June 2024 | -1.9% | £306,002 |
| June 2023 | 0.5% | £311,901 |
| June 2022 | 11.4% | £310,343 |
| June 2021 | 5.3% | £278,536 |
| June 2020 | 1.2% | £264,564 |
| June 2019 | 0.8% | £261,504 |
| June 2018 | 2.9% | £259,383 |
| June 2017 | 5.9% | £252,183 |
| June 2016 | 10.3% | £238,062 |
| June 2015 | 6% | £215,802 |
| June 2014 | 9.1% | £203,637 |
| June 2013 | -0.2% | £186,720 |
| June 2012 | 1.3% | £187,117 |
| June 2011 | -1.7% | £184,712 |
| June 2010 | 9.2% | £187,941 |
| June 2009 | -10.7% | £172,047 |
| June 2008 | -1.1% | £192,744 |
| June 2007 | 0% | £194,892 |
Rental Market Trends
The current average rental value in the postcode is £1,597.
The PO16 0TP Rental Market has increased by 54.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £1,597pcm |
| June 2025 | 4.8% | £1,544pcm |
| June 2024 | 8.4% | £1,473pcm |
| June 2023 | 7.1% | £1,360pcm |
| June 2022 | 9.8% | £1,269pcm |
| June 2021 | 3.7% | £1,155pcm |
| June 2020 | 3.1% | £1,114pcm |
| June 2019 | 1% | £1,081pcm |
| June 2018 | 1.6% | £1,070pcm |
| June 2017 | 1.8% | £1,053pcm |
| June 2016 | 4.5% | £1,035pcm |
| June 2015 | 3.4% | £990pcm |
| June 2014 | 4.1% | £958pcm |
| June 2013 | 1.7% | £920pcm |
| June 2012 | 1.7% | £904pcm |
| June 2011 | 1.9% | £890pcm |
| June 2010 | 4.6% | £873pcm |
| June 2009 | -3.7% | £834pcm |
| June 2008 | 2.7% | £866pcm |
| June 2007 | 0% | £843pcm |
Sales History
The last sale was on 18th July 2025 for £315,000 and since then the market in the area has decreased by 0.5%. The postcode has had a total of 25 sales since 1995.
PO16 0TP has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Jul 2025£315,000 | 3 Bed House71, Mill Road, Fareham, PO16 0TP71, Mill Road, Fareham, PO16 0TP
- Sold Aug 2023£290,000 | 3 Bed House24B, Mill Road, Fareham, PO16 0TP24B, Mill Road, Fareham, PO16 0TP
- Sold Mar 2023£302,500 | 3 Bed House22, Mill Road, Fareham, PO16 0TP22, Mill Road, Fareham, PO16 0TP
- Sold Feb 2021£307,500 | 4 Bed House55, Mill Road, Fareham, PO16 0TP55, Mill Road, Fareham, PO16 0TP
- Sold Sep 2020£195,000 | 3 Bed House22, Mill Road, Fareham, PO16 0TP22, Mill Road, Fareham, PO16 0TP
Nearby Postcodes
PO16 0TP is the 605th largest and the 334th most expensive postcode out of the 929 postcodes in the PO16 area.
- PO16 0TN, Mill Road, Fareham, PO16PO16 0TN17 Addresses|58 m away
- PO16 0UB, Fayre Road, Fareham, PO16PO16 0UB29 Addresses|77 m away
- PO16 0TW, Mill Road, Fareham, PO16PO16 0TW6 Addresses|78 m away
- PO16 0TT, Mill Road, Fareham, PO16PO16 0TT16 Addresses|86 m away
- PO16 0QB, Beaconsfield Road, Fareham, PO16PO16 0QB37 Addresses|110 m away
Property Types
- 2 mid-century houses built between 1936 and 1979
- 10 early-century houses built between 1912 and 1935
- 2 early-century flats built between 1912 and 1935
- 5 other addresses of unknown type
- mid-century house (2)
- early-century house (10)
- early-century flat (2)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (5)
- G (0)
- D (8)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Sep 2022£450,000 | 5 Bed House2, Mill Road, Fareham, PO16 0TN2, Mill Road, Fareham, PO16 0TN
- Sold Nov 2022£355,000 | 3 Bed House107, Mill Road, Fareham, PO16 0UA107, Mill Road, Fareham, PO16 0UA
- Sold Oct 2023£337,500 | 3 Bed House89, Mill Road, Fareham, PO16 0TT89, Mill Road, Fareham, PO16 0TT
Schools Nearby
- Redlands Primary School200 m away
- Wallisdean Junior School1.0 km away
- Wallisdean Infant School1.0 km away
- Fareham Academy800 m away
- Cams Hill School1.9 km away
- Bridgemary School2.7 km away
More reading links
Public Transport Nearby
The closest station to PO16 0TP is Fareham station, which is 900 metres away.
- Fareham|900 m away
- Portchester|4.3 km away
- Swanwick|6.5 km away
- Portsmouth Harbour|7.7 km away