PO16 7BJ is a residential postcode situated on Wallington Hill, Fareham, PO16 with 28 addresses.
It ranks as the 764th largest and 76th most expensive of the 929 postcodes in the PO16 area.
The postcode contains a total of 28 properties: 28 flats.
PO16 7BJ is a residential postcode situated on Wallington Hill, Fareham, PO16 with 28 addresses.
It ranks as the 764th largest and 76th most expensive of the 929 postcodes in the PO16 area.
The postcode contains a total of 28 properties: 28 flats.
Sale prices range from £165,213 for 2 bedroom leasehold flats (683 ft2) to £208,817 for 2 bedroom leasehold flats (683 ft2) .
Monthly rental prices range from £884 pcm for 2 bed flats to £967 pcm for 2 bed flats.
The gross rental yield is between 5.6% and 6.4%.
The average value per square foot is £242.
The last sale in PO16 7BJ sold for £105,000 on 30th April 2021. Since then prices are up an average of 10.6%.
The current average value in the postcode is £167,518.
The PO16 7BJ Sales Market has increased by 13.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.3% | £167,518 |
| April 2025 | -1.8% | £169,663 |
| April 2024 | -1.7% | £172,797 |
| April 2023 | 1.2% | £175,831 |
| April 2022 | 8.7% | £173,725 |
| April 2021 | 0.9% | £159,859 |
| April 2020 | 0.7% | £158,361 |
| April 2019 | 0.7% | £157,264 |
| April 2018 | 1.2% | £156,208 |
| April 2017 | 4.9% | £154,308 |
| April 2016 | 7.3% | £147,061 |
| April 2015 | 6.7% | £137,026 |
| April 2014 | 7.8% | £128,375 |
| April 2013 | -1.2% | £119,062 |
| April 2012 | -0.2% | £120,493 |
| April 2011 | -2.6% | £120,751 |
| April 2010 | 6.1% | £123,950 |
| April 2009 | -12.4% | £116,879 |
| April 2008 | 2.9% | £133,461 |
| April 2007 | 0% | £129,700 |
The current average rental value in the postcode is £887.
The PO16 7BJ Rental Market has increased by 38.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £887pcm |
| April 2025 | 4% | £861pcm |
| April 2024 | 10.4% | £828pcm |
| April 2023 | 5.5% | £750pcm |
| April 2022 | 6.3% | £711pcm |
| April 2021 | 0.3% | £669pcm |
| April 2020 | 3.5% | £667pcm |
| April 2019 | 0.9% | £645pcm |
| April 2018 | -1.2% | £639pcm |
| April 2017 | 0.7% | £647pcm |
| April 2016 | 2.5% | £642pcm |
| April 2015 | 3% | £627pcm |
| April 2014 | 3.7% | £608pcm |
| April 2013 | 1.3% | £587pcm |
| April 2012 | 1.1% | £579pcm |
| April 2011 | 0.5% | £573pcm |
| April 2010 | 1.4% | £570pcm |
| April 2009 | -3.2% | £562pcm |
| April 2008 | 2.9% | £581pcm |
| April 2007 | 0% | £564pcm |
The last sale was on 30th April 2021 for £105,000 and since then the market in the area has increased by 10.6%. The postcode has had a total of 3 sales since 1995.
PO16 7BJ has seen no sales in the last three years and no sales in the last twelve months.
PO16 7BJ is the 764th largest and the 76th most expensive postcode out of the 929 postcodes in the PO16 area.
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The closest station to PO16 7BJ is Fareham station which is 1.3 kilometres away.
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