PO16 7LX is a residential postcode situated on Northwood Square, Fareham, PO16 with 5 addresses.
It ranks as the 168th largest and 92nd most expensive of the 929 postcodes in the PO16 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 5 properties: 5 flats.
PO16 7LX is a residential postcode situated on Northwood Square, Fareham, PO16 with 5 addresses.
It ranks as the 168th largest and 92nd most expensive of the 929 postcodes in the PO16 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 5 properties: 5 flats.
Sale prices range from £157,356 for 2 bedroom leasehold flats with a garden (592 ft2) to £224,684 for 3 bedroom leasehold flats (1,162 ft2) .
Monthly rental prices range from £863 pcm for 2 bed flats to £1,147 pcm for 3 bed flats.
The gross rental yield is between 6.1% and 6.6%.
The average value per square foot is £253.
The last sale in PO16 7LX sold for £170,000 on 3rd March 2017. Since then prices are up an average of 8.5%.
The current average value in the postcode is £177,094.
The PO16 7LX Sales Market has increased by 14.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.9% | £177,094 |
| April 2025 | -1.7% | £178,707 |
| April 2024 | -1.7% | £181,858 |
| April 2023 | 1.4% | £185,047 |
| April 2022 | 8.6% | £182,515 |
| April 2021 | 0.7% | £168,020 |
| April 2020 | 0.4% | £166,826 |
| April 2019 | 0.8% | £166,230 |
| April 2018 | 1.4% | £164,960 |
| April 2017 | 4.8% | £162,692 |
| April 2016 | 7.9% | £155,215 |
| April 2015 | 6.5% | £143,886 |
| April 2014 | 7.9% | £135,147 |
| April 2013 | -1.3% | £125,217 |
| April 2012 | 0.2% | £126,884 |
| April 2011 | -2.3% | £126,608 |
| April 2010 | 6% | £129,618 |
| April 2009 | -11.8% | £122,299 |
| April 2008 | 3.4% | £138,597 |
| April 2007 | 0% | £134,056 |
The current average rental value in the postcode is £941.
The PO16 7LX Rental Market has increased by 38.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.4% | £941pcm |
| April 2025 | 4.1% | £910pcm |
| April 2024 | 10.4% | £875pcm |
| April 2023 | 5.7% | £792pcm |
| April 2022 | 6.2% | £750pcm |
| April 2021 | 0% | £705pcm |
| April 2020 | 3.2% | £705pcm |
| April 2019 | 0.9% | £683pcm |
| April 2018 | -1% | £677pcm |
| April 2017 | 0.6% | £684pcm |
| April 2016 | 3% | £680pcm |
| April 2015 | 2.7% | £660pcm |
| April 2014 | 3.8% | £643pcm |
| April 2013 | 1.2% | £619pcm |
| April 2012 | 1.6% | £612pcm |
| April 2011 | 0.7% | £602pcm |
| April 2010 | 1.3% | £598pcm |
| April 2009 | -2.4% | £590pcm |
| April 2008 | 3.4% | £605pcm |
| April 2007 | 0% | £585pcm |
The last sale was on 3rd March 2017 for £170,000 and since then the market in the area has increased by 8.5%. The postcode has had a total of 7 sales since 1995.
PO16 7LX has seen no sales in the last three years and no sales in the last twelve months.
PO16 7LX is the 168th largest and the 92nd most expensive postcode out of the 929 postcodes in the PO16 area.
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The closest station to PO16 7LX is Fareham station which is 700 metres away.
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