Miller Drive - PO16 7LY
Key Postcode Insights
PO16 7LY is a residential postcode situated on Miller Drive, Fareham, PO16 with 17 addresses.
It ranks as the 558th largest and 797th 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 17 properties: 17 houses.
- Ave. Sale Price
- £467,980
- 10 Year change
- up 27.1%
- Ave. Rental Price
- £1,969pcm
- 10 Year change
- up 56.0%
- Ave. £ per ft²
- £353/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Key Postcode Insights
PO16 7LY is a residential postcode situated on Miller Drive, Fareham, PO16 with 17 addresses.
It ranks as the 558th largest and 797th 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 17 properties: 17 houses.
- Ave. Sale Price
- £467,980
- 10 Year change
- up 27.1%
- Ave. Rental Price
- £1,969pcm
- 10 Year change
- up 56.0%
- Ave. £ per ft²
- £353/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Explore Propertiesin PO16 7LY
- 27 Miller Drive
3 Bed Mid-century House
- 29 Miller Drive
4 Bed Mid-century House
- 31 Miller Drive
House
- 33 Miller Drive
4 Bed Mid-century House
- 35 Miller Drive
House
Sales Market Trends
The last sale in PO16 7LY sold for £540,000 on 21st July 2022. Since then prices are down an average of 2.1%.
The current average value in the postcode is £467,980.
The PO16 7LY Sales Market has increased by 27.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.9% | £467,980 |
| June 2025 | 0.2% | £472,259 |
| June 2024 | -2.4% | £471,170 |
| June 2023 | 1.4% | £482,977 |
| June 2022 | 9.2% | £476,270 |
| June 2021 | 6.4% | £436,118 |
| June 2020 | 1.9% | £409,705 |
| June 2019 | 1.6% | £402,091 |
| June 2018 | 2% | £395,719 |
| June 2017 | 5.3% | £387,949 |
| June 2016 | 9.4% | £368,266 |
| June 2015 | 5.4% | £336,557 |
| June 2014 | 8.2% | £319,437 |
| June 2013 | -1.3% | £295,260 |
| June 2012 | 0.6% | £299,233 |
| June 2011 | -2.2% | £297,402 |
| June 2010 | 16.7% | £304,138 |
| June 2009 | -11.9% | £260,558 |
| June 2008 | 0.1% | £295,822 |
| June 2007 | 0% | £295,585 |
Rental Market Trends
The current average rental value in the postcode is £1,969.
The PO16 7LY Rental Market has increased by 56.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,969pcm |
| June 2025 | 5.4% | £1,912pcm |
| June 2024 | 7.2% | £1,813pcm |
| June 2023 | 7.6% | £1,692pcm |
| June 2022 | 9.7% | £1,573pcm |
| June 2021 | 4.3% | £1,433pcm |
| June 2020 | 3.3% | £1,374pcm |
| June 2019 | 1.4% | £1,330pcm |
| June 2018 | 1.3% | £1,312pcm |
| June 2017 | 2.6% | £1,295pcm |
| June 2016 | 4.2% | £1,262pcm |
| June 2015 | 4% | £1,211pcm |
| June 2014 | 3.3% | £1,164pcm |
| June 2013 | 2.3% | £1,127pcm |
| June 2012 | 1.9% | £1,102pcm |
| June 2011 | 2.9% | £1,081pcm |
| June 2010 | 7% | £1,051pcm |
| June 2009 | -2.9% | £982pcm |
| June 2008 | 4.4% | £1,011pcm |
| June 2007 | 0% | £969pcm |
Sales History
The last sale was on 21st July 2022 for £540,000 and since then the market in the area has decreased by 2.1%. The postcode has had a total of 20 sales since 1995.
PO16 7LY has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jul 2022£540,000 | 4 Bed House29, Miller Drive, Fareham, PO16 7LY29, Miller Drive, Fareham, PO16 7LY
- Sold Jul 2022£700,000 | 5 Bed House53, Miller Drive, Fareham, PO16 7LY53, Miller Drive, Fareham, PO16 7LY
- Sold Sep 2021£377,000 | 3 Bed House27, Miller Drive, Fareham, PO16 7LY27, Miller Drive, Fareham, PO16 7LY
- Sold Feb 2021£415,000 | 4 Bed House33, Miller Drive, Fareham, PO16 7LY33, Miller Drive, Fareham, PO16 7LY
- Sold Jun 2020£465,000 | 4 Bed House37, Miller Drive, Fareham, PO16 7LY37, Miller Drive, Fareham, PO16 7LY
Nearby Postcodes
PO16 7LY is the 558th largest and the 797th most expensive postcode out of the 929 postcodes in the PO16 area.
- PO16 7LJ, Miller Drive, Fareham, PO16PO16 7LJ20 Addresses|49 m away
- PO16 7PA, Oxford Close, Fareham, PO16PO16 7PA38 Addresses|78 m away
- PO16 7NX, Arundel Drive, Fareham, PO16PO16 7NX5 Addresses|99 m away
- PO16 7QN, Somervell Drive, Fareham, PO16PO16 7QN17 Addresses|117 m away
- PO16 7NY, Arundel Drive, Fareham, PO16PO16 7NY7 Addresses|141 m away
Property Types
- 11 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 5 other addresses of unknown type
- mid-century house (11)
- house (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (1)
- C (6)
- G (0)
- D (4)
- No EPC (6)
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 School300 m away
- Harrison Primary School800 m away
- Orchard Lea Infant School1.1 km away
- Fareham Academy1.4 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 7LY is Fareham station, which is 700 metres away.
- Fareham|700 m away
- Portchester|4.8 km away
- Swanwick|5.6 km away
- Botley|8.0 km away
