Needles House, Redlands Lane - PO16 0UG
Key Building Insights
Needles House, Redlands Lane is a residential building situated on Redlands Lane, Fareham, PO16 with 16 addresses.
It ranks as the 274th largest and 62nd most expensive of the 305 buildings in the PO16 area. The most common property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 16 properties: 16 flats.
- Ave. Sale Price
- £145,183
- 10 Year change
- up 14.0%
- Ave. Rental Price
- £846pcm
- 10 Year change
- up 36.7%
- Ave. £ per ft²
- £169/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Key Building Insights
Needles House, Redlands Lane is a residential building situated on Redlands Lane, Fareham, PO16 with 16 addresses.
It ranks as the 274th largest and 62nd most expensive of the 305 buildings in the PO16 area. The most common property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 16 properties: 16 flats.
- Ave. Sale Price
- £145,183
- 10 Year change
- up 14.0%
- Ave. Rental Price
- £846pcm
- 10 Year change
- up 36.7%
- Ave. £ per ft²
- £169/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Explore Propertieson Redlands Lane, Fareham, PO16
- Flat 1 Needles House
2 Bed Mid-century Flat
- Flat 2 Needles House
2 Bed Mid-century Flat
- Flat 3 Needles House
2 Bed Mid-century Flat
- Flat 4 Needles House
2 Bed Mid-century Flat
- Flat 5 Needles House
2 Bed Mid-century Flat
Sales Market Trends
The last sale in Needles House, Redlands Lane sold for £172,000 on 7th October 2022. Since then prices are down an average of 5.0%.
The current average value in the building is £145,183.
The Needles House, Redlands Lane Sales Market has increased by 14.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1% | £145,183 |
| June 2025 | -2.1% | £146,697 |
| June 2024 | -1.4% | £149,793 |
| June 2023 | 0.5% | £151,947 |
| June 2022 | 8.3% | £151,211 |
| June 2021 | 2.7% | £139,610 |
| June 2020 | 1.2% | £135,914 |
| June 2019 | 0.7% | £134,280 |
| June 2018 | 0.6% | £133,409 |
| June 2017 | 4.2% | £132,590 |
| June 2016 | 8.2% | £127,299 |
| June 2015 | 5.8% | £117,609 |
| June 2014 | 8.2% | £111,198 |
| June 2013 | 0% | £102,789 |
| June 2012 | -0.2% | £102,784 |
| June 2011 | -2.4% | £102,980 |
| June 2010 | 7.4% | £105,470 |
| June 2009 | -11% | £98,215 |
| June 2008 | -1.1% | £110,302 |
| June 2007 | 0% | £111,488 |
Rental Market Trends
The current average rental value in the building is £846.
The Needles House, Redlands Lane Rental Market has increased by 36.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £846pcm |
| June 2025 | 2.5% | £822pcm |
| June 2024 | 8.5% | £801pcm |
| June 2023 | 7.3% | £738pcm |
| June 2022 | 6.7% | £688pcm |
| June 2021 | 1% | £645pcm |
| June 2020 | 2.8% | £639pcm |
| June 2019 | 0.9% | £621pcm |
| June 2018 | -0.6% | £616pcm |
| June 2017 | 0% | £619pcm |
| June 2016 | 2.9% | £619pcm |
| June 2015 | 3.1% | £601pcm |
| June 2014 | 3.4% | £583pcm |
| June 2013 | 1.8% | £564pcm |
| June 2012 | 0.5% | £554pcm |
| June 2011 | 0.9% | £551pcm |
| June 2010 | 2.9% | £546pcm |
| June 2009 | -3.9% | £531pcm |
| June 2008 | 2.9% | £552pcm |
| June 2007 | 0% | £537pcm |
Sales History
The last sale was on 7th October 2022 for £172,000 and since then the market in the area has decreased by 5.0%. The building has had a total of 18 sales since 1995.
Needles House, Redlands Lane, Fareham, PO16 0UG has seen no sales in the last three years and no sales in the last twelve months.
- Sold Oct 2022£172,000 | 3 Bed FlatFlat 10, Needles House, Redlands Lane, Fareham, PO16 0UGFlat 10, Needles House, Redlands Lane, Fareham, PO16 0UG
- Sold Oct 2020£115,000 | 2 Bed FlatFlat 16, Needles House, Redlands Lane, Fareham, PO16 0UGFlat 16, Needles House, Redlands Lane, Fareham, PO16 0UG
- Sold Jun 2017£145,000 | 2 Bed FlatFlat 4, Needles House, Redlands Lane, Fareham, PO16 0UGFlat 4, Needles House, Redlands Lane, Fareham, PO16 0UG
- Sold Apr 2017£139,995 | 2 Bed FlatFlat 1, Needles House, Redlands Lane, Fareham, PO16 0UGFlat 1, Needles House, Redlands Lane, Fareham, PO16 0UG
- Sold Nov 2015£125,000 | 2 Bed FlatFlat 2, Needles House, Redlands Lane, Fareham, PO16 0UGFlat 2, Needles House, Redlands Lane, Fareham, PO16 0UG
Property Types
- 13 mid-century flats built between 1936 and 1979
- 3 other addresses of unknown type
- mid-century flat (13)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (12)
- G (0)
- D (1)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Nov 2021£318,000 | 3 Bed House172, Redlands Lane, Fareham, PO16 0UD172, Redlands Lane, Fareham, PO16 0UD
- Sold Jan 2025£300,000 | 4 Bed House180, Redlands Lane, Fareham, PO16 0UD180, Redlands Lane, Fareham, PO16 0UD
- Sold Jun 2021£299,000 | 3 Bed House178, Redlands Lane, Fareham, PO16 0UD178, Redlands Lane, Fareham, PO16 0UD
Schools Nearby
- Redlands Primary School100 m away
- Wallisdean Junior School1.0 km away
- Wallisdean Infant School1.1 km away
- Fareham Academy800 m away
- Cams Hill School1.9 km away
- Bridgemary School2.5 km away
More reading links
Public Transport Nearby
The closest station to Needles House, Redlands Lane, Fareham, PO16 0UG is Fareham station, which is 1.0 kilometres away.
- Fareham|1.0 km away
- Portchester|4.3 km away
- Swanwick|6.6 km away
- Portsmouth Harbour|7.6 km away
