Miller Drive - PO16 7LJ
Key Postcode Insights
PO16 7LJ is a residential postcode situated on Miller Drive, Fareham, PO16 with 20 addresses.
It ranks as the 623rd largest and 752nd 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 20 properties: 20 houses.
- Ave. Sale Price
- £435,204
- 10 Year change
- up 27.8%
- Ave. Rental Price
- £1,938pcm
- 10 Year change
- up 55.9%
- Ave. £ per ft²
- £348/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
PO16 7LJ is a residential postcode situated on Miller Drive, Fareham, PO16 with 20 addresses.
It ranks as the 623rd largest and 752nd 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 20 properties: 20 houses.
- Ave. Sale Price
- £435,204
- 10 Year change
- up 27.8%
- Ave. Rental Price
- £1,938pcm
- 10 Year change
- up 55.9%
- Ave. £ per ft²
- £348/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin PO16 7LJ
- 38 Miller Drive
House
- 40 Miller Drive
4 Bed Mid-century House
- 42 Miller Drive
4 Bed Mid-century House
- 44 Miller Drive
House
- 46 Miller Drive
4 Bed Mid-century House
Sales Market Trends
The last sale in PO16 7LJ sold for £412,500 on 19th May 2025. Since then prices are down an average of 0.7%.
The current average value in the postcode is £435,204.
The PO16 7LJ Sales Market has increased by 27.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.9% | £435,204 |
| June 2025 | 0.1% | £439,336 |
| June 2024 | -2.4% | £438,817 |
| June 2023 | 1.2% | £449,767 |
| June 2022 | 9.8% | £444,607 |
| June 2021 | 6.5% | £404,890 |
| June 2020 | 1.9% | £380,126 |
| June 2019 | 1.5% | £373,169 |
| June 2018 | 2.3% | £367,720 |
| June 2017 | 5.6% | £359,598 |
| June 2016 | 9.4% | £340,506 |
| June 2015 | 5.8% | £311,302 |
| June 2014 | 8.2% | £294,285 |
| June 2013 | -0.9% | £271,893 |
| June 2012 | 0.8% | £274,249 |
| June 2011 | -1.5% | £272,114 |
| June 2010 | 15% | £276,288 |
| June 2009 | -11.2% | £240,235 |
| June 2008 | 0.1% | £270,632 |
| June 2007 | 0% | £270,394 |
Rental Market Trends
The current average rental value in the postcode is £1,938.
The PO16 7LJ Rental Market has increased by 55.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,938pcm |
| June 2025 | 5.4% | £1,882pcm |
| June 2024 | 7.2% | £1,785pcm |
| June 2023 | 7.6% | £1,666pcm |
| June 2022 | 9.7% | £1,548pcm |
| June 2021 | 4.3% | £1,411pcm |
| June 2020 | 3.3% | £1,353pcm |
| June 2019 | 1.3% | £1,309pcm |
| June 2018 | 1.3% | £1,292pcm |
| June 2017 | 2.6% | £1,275pcm |
| June 2016 | 4.2% | £1,243pcm |
| June 2015 | 4.1% | £1,192pcm |
| June 2014 | 3.2% | £1,146pcm |
| June 2013 | 2.3% | £1,110pcm |
| June 2012 | 1.9% | £1,085pcm |
| June 2011 | 2.9% | £1,065pcm |
| June 2010 | 7% | £1,034pcm |
| June 2009 | -2.9% | £966pcm |
| June 2008 | 4.4% | £995pcm |
| June 2007 | 0% | £953pcm |
Sales History
The last sale was on 19th May 2025 for £412,500 and since then the market in the area has decreased by 0.7%. The postcode has had a total of 19 sales since 1995.
PO16 7LJ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold May 2025£412,500 | 4 Bed House56, Miller Drive, Fareham, PO16 7LJ56, Miller Drive, Fareham, PO16 7LJ
- Sold Dec 2020£555,000 | 3 Bed House58, Miller Drive, Fareham, PO16 7LJ58, Miller Drive, Fareham, PO16 7LJ
- Sold Nov 2018£388,500 | 4 Bed House46, Miller Drive, Fareham, PO16 7LJ46, Miller Drive, Fareham, PO16 7LJ
- Sold Apr 2018£385,000 | 4 Bed House48, Miller Drive, Fareham, PO16 7LJ48, Miller Drive, Fareham, PO16 7LJ
- Sold Nov 2016£427,500 | 4 Bed House64, Miller Drive, Fareham, PO16 7LJ64, Miller Drive, Fareham, PO16 7LJ
Nearby Postcodes
PO16 7LJ is the 623rd largest and the 752nd most expensive postcode out of the 929 postcodes in the PO16 area.
- PO16 7LY, Miller Drive, Fareham, PO16PO16 7LY17 Addresses|49 m away
- PO16 7QN, Somervell Drive, Fareham, PO16PO16 7QN17 Addresses|68 m away
- PO16 7QL, Somervell Drive, Fareham, PO16PO16 7QL18 Addresses|111 m away
- PO16 7PA, Oxford Close, Fareham, PO16PO16 7PA38 Addresses|124 m away
- PO16 7NX, Arundel Drive, Fareham, PO16PO16 7NX5 Addresses|136 m away
Property Types
- 9 mid-century houses built between 1936 and 1979
- 11 other addresses of unknown type
- mid-century house (9)
- Unknown (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (1)
- G (0)
- D (6)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Jul 2024£1,175,000 | 5 Bed House5, Miller Drive, Fareham, PO16 7NA5, Miller Drive, Fareham, PO16 7NA
- Sold Feb 2023£770,000 | 5 Bed House1, Miller Drive, Fareham, PO16 7NA1, Miller Drive, Fareham, PO16 7NA
- Sold Mar 2022£726,500 | 4 Bed House7, Miller Drive, Fareham, PO16 7LZ7, Miller Drive, Fareham, PO16 7LZ
Schools Nearby
- Uplands Primary School200 m away
- Harrison Primary School800 m away
- Orchard Lea Infant School1.1 km away
- Fareham Academy1.5 km away
- The Henry Cort Community College2.0 km away
- Cams Hill School2.5 km away
More reading links
Public Transport Nearby
The closest station to PO16 7LJ is Fareham station, which is 700 metres away.
- Fareham|700 m away
- Portchester|4.8 km away
- Swanwick|5.5 km away
- Botley|8.0 km away