PO16 0UJ is a residential postcode situated on Redlands Lane, Fareham, PO16 with 24 addresses.
It ranks as the 697th largest and 23rd most expensive of the 929 postcodes in the PO16 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 24 properties: 24 flats.
PO16 0UJ is a residential postcode situated on Redlands Lane, Fareham, PO16 with 24 addresses.
It ranks as the 697th largest and 23rd most expensive of the 929 postcodes in the PO16 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 24 properties: 24 flats.
Sale prices range from £107,019 for 1 bedroom leasehold flats (269 ft2) to £135,218 for 1 bedroom leasehold flats (430 ft2) .
Monthly rental prices range from £596 pcm for 1 bed flats to £753 pcm for 1 bed flats.
The gross rental yield is between 6.7% and 6.7%.
The average value per square foot is £337.
The last sale in PO16 0UJ sold for £61,000 on 30th November 2017. Since then prices are up an average of 10.9%.
The current average value in the postcode is £122,454.
The PO16 0UJ Sales Market has increased by 18.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.4% | £122,454 |
| April 2025 | -1.7% | £124,196 |
| April 2024 | -1.4% | £126,368 |
| April 2023 | 1.8% | £128,181 |
| April 2022 | 8.8% | £125,927 |
| April 2021 | 1.9% | £115,779 |
| April 2020 | 2.6% | £113,672 |
| April 2019 | 0.3% | £110,829 |
| April 2018 | 1.2% | £110,463 |
| April 2017 | 5.8% | £109,156 |
| April 2016 | 6.2% | £103,141 |
| April 2015 | 7.4% | £97,083 |
| April 2014 | 6.8% | £90,368 |
| April 2013 | 0.3% | £84,617 |
| April 2012 | -1.5% | £84,373 |
| April 2011 | -2.1% | £85,694 |
| April 2010 | 5.8% | £87,564 |
| April 2009 | -13.5% | £82,763 |
| April 2008 | 2.4% | £95,661 |
| April 2007 | 0% | £93,425 |
The current average rental value in the postcode is £681.
The PO16 0UJ Rental Market has increased by 40.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.2% | £681pcm |
| April 2025 | 3.4% | £660pcm |
| April 2024 | 10% | £639pcm |
| April 2023 | 6.2% | £581pcm |
| April 2022 | 6.1% | £547pcm |
| April 2021 | 1.3% | £515pcm |
| April 2020 | 4.4% | £509pcm |
| April 2019 | 0.5% | £488pcm |
| April 2018 | -1.1% | £486pcm |
| April 2017 | 1.5% | £491pcm |
| April 2016 | 2.1% | £484pcm |
| April 2015 | 3.4% | £474pcm |
| April 2014 | 2.8% | £458pcm |
| April 2013 | 2.4% | £446pcm |
| April 2012 | -0.4% | £435pcm |
| April 2011 | 1.1% | £437pcm |
| April 2010 | 1.4% | £432pcm |
| April 2009 | -4.8% | £426pcm |
| April 2008 | 2.9% | £447pcm |
| April 2007 | 0% | £435pcm |
The last sale was on 30th November 2017 for £61,000 and since then the market in the area has increased by 10.9%. The postcode has had a total of 6 sales since 1995.
PO16 0UJ has seen no sales in the last three years and no sales in the last twelve months.
PO16 0UJ is the 697th largest and the 23rd most expensive postcode out of the 929 postcodes in the PO16 area.
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The closest station to PO16 0UJ is Fareham station which is 1.1 kilometres away.
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