Miller Drive - PO16 7LZ
Key Postcode Insights
PO16 7LZ is a residential postcode situated on Miller Drive, Fareham, PO16 with 9 addresses.
It ranks as the 310th largest and 769th 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 9 properties: 9 houses.
- Ave. Sale Price
- £498,520
- 10 Year change
- up 27.9%
- Ave. Rental Price
- £2,084pcm
- 10 Year change
- up 56.0%
- Ave. £ per ft²
- £308/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Key Postcode Insights
PO16 7LZ is a residential postcode situated on Miller Drive, Fareham, PO16 with 9 addresses.
It ranks as the 310th largest and 769th 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 9 properties: 9 houses.
- Ave. Sale Price
- £498,520
- 10 Year change
- up 27.9%
- Ave. Rental Price
- £2,084pcm
- 10 Year change
- up 56.0%
- Ave. £ per ft²
- £308/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Explore Propertiesin PO16 7LZ
- 7 Miller Drive
4 Bed Mid-century House
- 9 Miller Drive
5 Bed Mid-century House
- 11 Miller Drive
4 Bed Mid-century House
- 15 Miller Drive
3 Bed Mid-century House
- 17 Miller Drive
House
Sales Market Trends
The last sale in PO16 7LZ sold for £430,000 on 20th February 2023. Since then prices are down an average of 3.8%.
The current average value in the postcode is £498,520.
The PO16 7LZ Sales Market has increased by 27.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1% | £498,520 |
| June 2025 | 0.1% | £503,482 |
| June 2024 | -2.5% | £502,736 |
| June 2023 | 1.2% | £515,378 |
| June 2022 | 9.8% | £509,458 |
| June 2021 | 6.6% | £464,086 |
| June 2020 | 1.8% | £435,547 |
| June 2019 | 1.6% | £427,685 |
| June 2018 | 2.2% | £420,881 |
| June 2017 | 5.6% | £411,930 |
| June 2016 | 9.3% | £389,903 |
| June 2015 | 5.7% | £356,818 |
| June 2014 | 8.2% | £337,458 |
| June 2013 | -0.9% | £312,006 |
| June 2012 | 0.8% | £314,758 |
| June 2011 | -1.5% | £312,138 |
| June 2010 | 15.1% | £316,845 |
| June 2009 | -11.1% | £275,305 |
| June 2008 | 0.1% | £309,646 |
| June 2007 | 0% | £309,260 |
Rental Market Trends
The current average rental value in the postcode is £2,084.
The PO16 7LZ Rental Market has increased by 56.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £2,084pcm |
| June 2025 | 5.5% | £2,025pcm |
| June 2024 | 7.1% | £1,920pcm |
| June 2023 | 7.6% | £1,792pcm |
| June 2022 | 9.6% | £1,666pcm |
| June 2021 | 4.4% | £1,519pcm |
| June 2020 | 3.3% | £1,456pcm |
| June 2019 | 1.5% | £1,409pcm |
| June 2018 | 1.3% | £1,389pcm |
| June 2017 | 2.6% | £1,371pcm |
| June 2016 | 4.1% | £1,336pcm |
| June 2015 | 4% | £1,283pcm |
| June 2014 | 3.2% | £1,234pcm |
| June 2013 | 2.3% | £1,196pcm |
| June 2012 | 2% | £1,169pcm |
| June 2011 | 3% | £1,147pcm |
| June 2010 | 7.1% | £1,114pcm |
| June 2009 | -2.8% | £1,040pcm |
| June 2008 | 4.4% | £1,069pcm |
| June 2007 | 0% | £1,024pcm |
Sales History
The last sale was on 20th February 2023 for £430,000 and since then the market in the area has decreased by 3.8%. The postcode has had a total of 9 sales since 1995.
PO16 7LZ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2023£430,000 | 4 Bed House25, Miller Drive, Fareham, PO16 7LZ25, Miller Drive, Fareham, PO16 7LZ
- Sold Mar 2022£726,500 | 4 Bed House7, Miller Drive, Fareham, PO16 7LZ7, Miller Drive, Fareham, PO16 7LZ
- Sold Oct 2017£351,000 | 4 Bed House7, Miller Drive, Fareham, PO16 7LZ7, Miller Drive, Fareham, PO16 7LZ
- Sold Jul 2015£355,000 | 5 Bed House9, Miller Drive, Fareham, PO16 7LZ9, Miller Drive, Fareham, PO16 7LZ
- Sold Jun 2015£520,000 | 3 Bed House15, Miller Drive, Fareham, PO16 7LZ15, Miller Drive, Fareham, PO16 7LZ
Nearby Postcodes
PO16 7LZ is the 310th largest and the 769th most expensive postcode out of the 929 postcodes in the PO16 area.
- PO16 7LH, Miller Drive, Fareham, PO16PO16 7LH11 Addresses|55 m away
- PO16 7LQ, Miller Drive, Fareham, PO16PO16 7LQ4 Addresses|110 m away
- PO16 7QG, Somervell Drive, Fareham, PO16PO16 7QG17 Addresses|111 m away
- PO16 7QQ, Somervell Drive, Fareham, PO16PO16 7QQ3 Addresses|112 m away
- PO16 7NU, Arundel Drive, Fareham, PO16PO16 7NU13 Addresses|122 m away
Property Types
- 6 mid-century houses built between 1936 and 1979
- 3 other addresses of unknown type
- mid-century house (6)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (1)
- C (2)
- G (0)
- D (2)
- No EPC (3)
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 School600 m away
- St Jude's Catholic Primary School1.2 km away
- Fareham Academy1.5 km away
- Cams Hill School2.2 km away
- The Henry Cort Community College2.2 km away
More reading links
Public Transport Nearby
The closest station to PO16 7LZ is Fareham station, which is 700 metres away.
- Fareham|700 m away
- Portchester|4.6 km away
- Swanwick|5.8 km away
- Botley|8.1 km away
