PO16 0TW is a residential postcode situated on Mill Road, Fareham, PO16 with 6 addresses.
It ranks as the 191st largest and 158th most expensive of the 929 postcodes in the PO16 area.
The postcode contains a total of 6 properties: 4 houses and 2 flats.
PO16 0TW is a residential postcode situated on Mill Road, Fareham, PO16 with 6 addresses.
It ranks as the 191st largest and 158th most expensive of the 929 postcodes in the PO16 area.
The postcode contains a total of 6 properties: 4 houses and 2 flats.
Sale prices range from £120,297 for 2 bedroom Leasehold flats (547 ft2) to £252,940 for 3 bedroom freehold houses with a garden (828 ft2) .
Monthly rental prices range from £752 pcm for 2 bed flats to £1,415 pcm for 3 bed houses.
The gross rental yield is between 6.7% and 7.5%.
The average value per square foot is £310.
The last sale in PO16 0TW sold for £265,000 on 2nd December 2022. Since then prices are down an average of 3.9%.
The current average value in the postcode is £199,610.
The PO16 0TW Sales Market has increased by 26.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.7% | £199,610 |
| April 2025 | -0.3% | £201,053 |
| April 2024 | -2.4% | £201,570 |
| April 2023 | 2.2% | £206,494 |
| April 2022 | 11.3% | £202,025 |
| April 2021 | 2.9% | £181,494 |
| April 2020 | 1% | £176,361 |
| April 2019 | 0.7% | £174,564 |
| April 2018 | 2.6% | £173,331 |
| April 2017 | 6.9% | £168,920 |
| April 2016 | 8.3% | £158,041 |
| April 2015 | 7.5% | £145,931 |
| April 2014 | 7.7% | £135,777 |
| April 2013 | 0.4% | £126,067 |
| April 2012 | 0.1% | £125,533 |
| April 2011 | -1.6% | £125,459 |
| April 2010 | 6.7% | £127,478 |
| April 2009 | -12.5% | £119,503 |
| April 2008 | 3% | £136,640 |
| April 2007 | 0% | £132,603 |
The current average rental value in the postcode is £1,158.
The PO16 0TW Rental Market has increased by 50.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.8% | £1,158pcm |
| April 2025 | 5% | £1,115pcm |
| April 2024 | 9.3% | £1,063pcm |
| April 2023 | 6.6% | £972pcm |
| April 2022 | 8.5% | £912pcm |
| April 2021 | 2.4% | £840pcm |
| April 2020 | 3.2% | £821pcm |
| April 2019 | 0.9% | £795pcm |
| April 2018 | 0.2% | £788pcm |
| April 2017 | 2.3% | £786pcm |
| April 2016 | 3.8% | £768pcm |
| April 2015 | 3.5% | £740pcm |
| April 2014 | 3.6% | £716pcm |
| April 2013 | 2.6% | £691pcm |
| April 2012 | 1.3% | £673pcm |
| April 2011 | 1.5% | £665pcm |
| April 2010 | 2.4% | £655pcm |
| April 2009 | -3.6% | £639pcm |
| April 2008 | 3.2% | £663pcm |
| April 2007 | 0% | £642pcm |
The last sale was on 2nd December 2022 for £265,000 and since then the market in the area has decreased by 3.9%. The postcode has had a total of 9 sales since 1995.
PO16 0TW has seen no sales in the last three years and no sales in the last twelve months.
PO16 0TW is the 191st largest and the 158th most expensive postcode out of the 929 postcodes in the PO16 area.
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The closest station to PO16 0TW is Fareham station which is 800 metres away.
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