Park Lane - PO16 7LB
Key Postcode Insights
PO16 7LB is a residential postcode situated on Park Lane, Fareham, PO16 with 15 addresses.
It ranks as the 503rd largest and 910th most expensive of the 929 postcodes in the PO16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 15 properties: 15 houses.
- Ave. Sale Price
- £679,826
- 10 Year change
- up 27.9%
- Ave. Rental Price
- £2,610pcm
- 10 Year change
- up 57.6%
- Ave. £ per ft²
- £390/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Key Postcode Insights
PO16 7LB is a residential postcode situated on Park Lane, Fareham, PO16 with 15 addresses.
It ranks as the 503rd largest and 910th most expensive of the 929 postcodes in the PO16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 15 properties: 15 houses.
- Ave. Sale Price
- £679,826
- 10 Year change
- up 27.9%
- Ave. Rental Price
- £2,610pcm
- 10 Year change
- up 57.6%
- Ave. £ per ft²
- £390/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Explore Propertiesin PO16 7LB
- 40 Park Lane
5 Bed Mid-century House
- 42 Park Lane
5 Bed Mid-century House
- 44A Park Lane
House
- 44 Park Lane
5 Bed Mid-century House
- 46 Park Lane
4 Bed Early-century House
Sales Market Trends
The last sale in PO16 7LB sold for £760,000 on 13th December 2024. Since then prices have on average remained the same.
The current average value in the postcode is £679,826.
The PO16 7LB Sales Market has increased by 27.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £679,826 |
| June 2025 | 0.3% | £685,633 |
| June 2024 | -2.3% | £683,632 |
| June 2023 | 0.9% | £699,865 |
| June 2022 | 9.9% | £693,790 |
| June 2021 | 6.2% | £631,045 |
| June 2020 | 1.6% | £594,403 |
| June 2019 | 1.9% | £585,299 |
| June 2018 | 2.5% | £574,654 |
| June 2017 | 5.5% | £560,774 |
| June 2016 | 10% | £531,737 |
| June 2015 | 5.3% | £483,521 |
| June 2014 | 8.7% | £458,977 |
| June 2013 | -1.5% | £422,402 |
| June 2012 | 1.8% | £428,643 |
| June 2011 | -2% | £420,996 |
| June 2010 | 14% | £429,777 |
| June 2009 | -10.4% | £376,890 |
| June 2008 | -0.1% | £420,865 |
| June 2007 | 0% | £421,306 |
Rental Market Trends
The current average rental value in the postcode is £2,610.
The PO16 7LB Rental Market has increased by 57.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £2,610pcm |
| June 2025 | 5.8% | £2,535pcm |
| June 2024 | 7.9% | £2,395pcm |
| June 2023 | 7.1% | £2,219pcm |
| June 2022 | 9.7% | £2,073pcm |
| June 2021 | 4.4% | £1,890pcm |
| June 2020 | 3.6% | £1,811pcm |
| June 2019 | 1.8% | £1,748pcm |
| June 2018 | 1.4% | £1,718pcm |
| June 2017 | 2.3% | £1,693pcm |
| June 2016 | 3.9% | £1,656pcm |
| June 2015 | 3.7% | £1,593pcm |
| June 2014 | 3.4% | £1,537pcm |
| June 2013 | 1.6% | £1,485pcm |
| June 2012 | 2.4% | £1,462pcm |
| June 2011 | 2.8% | £1,427pcm |
| June 2010 | 6.5% | £1,389pcm |
| June 2009 | -2.3% | £1,304pcm |
| June 2008 | 3.9% | £1,334pcm |
| June 2007 | 0% | £1,285pcm |
Sales History
The last sale was on 13th December 2024 for £760,000 and since then the market in the area has remained stable. The postcode has had a total of 22 sales since 1995.
PO16 7LB has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Dec 2024£760,000 | 4 Bed House46, Park Lane, Fareham, PO16 7LB46, Park Lane, Fareham, PO16 7LB
- Sold Dec 2022£785,000 | 5 Bed House42, Park Lane, Fareham, PO16 7LB42, Park Lane, Fareham, PO16 7LB
- Sold Jul 2022£775,000 | 4 Bed House56, Park Lane, Fareham, PO16 7LB56, Park Lane, Fareham, PO16 7LB
- Sold Mar 2021£625,000 | 5 Bed House40, Park Lane, Fareham, PO16 7LB40, Park Lane, Fareham, PO16 7LB
- Sold Apr 2020£475,000 | 4 Bed House46, Park Lane, Fareham, PO16 7LB46, Park Lane, Fareham, PO16 7LB
Nearby Postcodes
PO16 7LB is the 503rd largest and the 910th most expensive postcode out of the 929 postcodes in the PO16 area.
- PO16 7LE, Park Lane, Fareham, PO16PO16 7LE18 Addresses|74 m away
- PO16 7HQ, Old Turnpike, Fareham, PO16PO16 7HQ20 Addresses|89 m away
- PO16 7LA, Mead Way, Fareham, PO16PO16 7LA18 Addresses|102 m away
- PO16 7EF, Serpentine Road, Fareham, PO16PO16 7EF7 Addresses|119 m away
- PO16 7HF, Old Turnpike, Fareham, PO16PO16 7HF31 Addresses|135 m away
Property Types
- 9 mid-century houses built between 1936 and 1979
- 2 early-century houses built between 1912 and 1935
- 4 other addresses of unknown type
- mid-century house (9)
- early-century house (2)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (0)
- C (2)
- G (0)
- D (5)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Mar 2023£4,027,251 | 5 Bed House61, Park Lane, Fareham, PO16 7HH61, Park Lane, Fareham, PO16 7HH
- Sold Jan 2015£1,095,000 | 5 Bed House63, Park Lane, Fareham, PO16 7HJ63, Park Lane, Fareham, PO16 7HJ
- Sold Nov 2025£845,000 | 5 Bed House51, Park Lane, Fareham, PO16 7LE51, Park Lane, Fareham, PO16 7LE
Schools Nearby
- Uplands Primary School500 m away
- Harrison Primary School500 m away
- Orchard Lea Junior School1.5 km away
- Fareham Academy1.9 km away
- Cams Hill School2.1 km away
- The Henry Cort Community College2.5 km away
More reading links
Public Transport Nearby
The closest station to PO16 7LB is Fareham station, which is 1.1 kilometres away.
- Fareham|1.1 km away
- Portchester|4.4 km away
- Swanwick|6.0 km away
- Botley|8.1 km away
