PO16 7ED is a residential postcode situated on Serpentine Road, Fareham, PO16 with 27 addresses.
It ranks as the 749th largest and 599th most expensive of the 929 postcodes in the PO16 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 27 properties: 27 houses.
PO16 7ED is a residential postcode situated on Serpentine Road, Fareham, PO16 with 27 addresses.
It ranks as the 749th largest and 599th most expensive of the 929 postcodes in the PO16 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 27 properties: 27 houses.
Sale prices range from £297,458 for 3 bedroom freehold houses with a garden (673 ft2) to £499,381 for 4 bedroom freehold houses with a garden (1,463 ft2) .
Monthly rental prices range from £1,336 pcm for 3 bed houses to £1,906 pcm for 4 bed houses.
The gross rental yield is between 4.6% and 5.8%.
The average value per square foot is £386.
The last sale in PO16 7ED sold for £387,500 on 1st November 2024. Since then prices are down an average of 0.1%.
The current average value in the postcode is £380,580.
The PO16 7ED Sales Market has increased by 32.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.3% | £380,580 |
| April 2025 | 0.5% | £381,540 |
| April 2024 | -2.9% | £379,623 |
| April 2023 | 2.2% | £391,078 |
| April 2022 | 12.6% | £382,489 |
| April 2021 | 4.2% | £339,714 |
| April 2020 | 0.5% | £325,943 |
| April 2019 | 1.4% | £324,438 |
| April 2018 | 3.4% | £320,057 |
| April 2017 | 7.5% | £309,389 |
| April 2016 | 9.4% | £287,819 |
| April 2015 | 7.6% | £263,086 |
| April 2014 | 8% | £244,438 |
| April 2013 | 1.4% | £226,297 |
| April 2012 | 1% | £223,276 |
| April 2011 | -1% | £221,007 |
| April 2010 | 8% | £223,193 |
| April 2009 | -12.2% | £206,749 |
| April 2008 | 3.4% | £235,400 |
| April 2007 | 0% | £227,604 |
The current average rental value in the postcode is £1,614.
The PO16 7ED Rental Market has increased by 60.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.1% | £1,614pcm |
| April 2025 | 6.4% | £1,550pcm |
| April 2024 | 9.1% | £1,457pcm |
| April 2023 | 6.6% | £1,336pcm |
| April 2022 | 10.1% | £1,253pcm |
| April 2021 | 3.5% | £1,138pcm |
| April 2020 | 3.3% | £1,099pcm |
| April 2019 | 1.5% | £1,064pcm |
| April 2018 | 1% | £1,048pcm |
| April 2017 | 3.1% | £1,038pcm |
| April 2016 | 4.5% | £1,006pcm |
| April 2015 | 3.9% | £963pcm |
| April 2014 | 3.9% | £927pcm |
| April 2013 | 3.9% | £893pcm |
| April 2012 | 2.4% | £859pcm |
| April 2011 | 2.1% | £839pcm |
| April 2010 | 3.2% | £822pcm |
| April 2009 | -2.9% | £796pcm |
| April 2008 | 3.4% | £820pcm |
| April 2007 | 0% | £793pcm |
The last sale was on 1st November 2024 for £387,500 and since then the market in the area has decreased by 0.1%. The postcode has had a total of 38 sales since 1995.
PO16 7ED has seen 2 sales in the last three years and no sales in the last twelve months.
PO16 7ED is the 749th largest and the 599th most expensive postcode out of the 929 postcodes in the PO16 area.
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The closest station to PO16 7ED is Fareham station which is 1.1 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around PO16 7ED, 43.0% of property is privately owned with a mortgage and 38.8% is privately owned outright.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around PO16 7ED, 18.9% of residents are recorded as possessing school level qualifications and 45.6% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around PO16 7ED, the average age was 44.9 and the most common age was 57.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around PO16 7ED, 1.5% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around PO16 7ED, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.