PO16 7NE is a residential postcode situated on Northwood Square, Fareham, PO16 with 8 addresses.
It ranks as the 269th largest and 59th most expensive of the 929 postcodes in the PO16 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 8 properties: 8 flats.
PO16 7NE is a residential postcode situated on Northwood Square, Fareham, PO16 with 8 addresses.
It ranks as the 269th largest and 59th most expensive of the 929 postcodes in the PO16 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 8 properties: 8 flats.
Sale prices range from £154,466 for 2 bedroom leasehold flats (592 ft2) to £173,376 for 2 bedroom leasehold flats (753 ft2) .
Monthly rental prices range from £859 pcm for 2 bed flats to £921 pcm for 2 bed flats.
The gross rental yield is between 6.4% and 6.7%.
The average value per square foot is £243.
The last sale in PO16 7NE sold for £145,000 on 30th January 2023. Since then prices are down an average of 5.3%.
The current average value in the postcode is £163,469.
The PO16 7NE Sales Market has increased by 13.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.3% | £163,469 |
| April 2025 | -1.8% | £165,562 |
| April 2024 | -1.7% | £168,620 |
| April 2023 | 1.2% | £171,581 |
| April 2022 | 8.7% | £169,526 |
| April 2021 | 0.9% | £155,995 |
| April 2020 | 0.7% | £154,534 |
| April 2019 | 0.7% | £153,463 |
| April 2018 | 1.2% | £152,432 |
| April 2017 | 4.9% | £150,579 |
| April 2016 | 7.3% | £143,507 |
| April 2015 | 6.7% | £133,714 |
| April 2014 | 7.8% | £125,273 |
| April 2013 | -1.2% | £116,185 |
| April 2012 | -0.2% | £117,581 |
| April 2011 | -2.6% | £117,832 |
| April 2010 | 6.1% | £120,955 |
| April 2009 | -12.4% | £114,054 |
| April 2008 | 2.9% | £130,236 |
| April 2007 | 0% | £126,566 |
The current average rental value in the postcode is £889.
The PO16 7NE Rental Market has increased by 38.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £889pcm |
| April 2025 | 4% | £863pcm |
| April 2024 | 10.4% | £830pcm |
| April 2023 | 5.5% | £752pcm |
| April 2022 | 6.3% | £713pcm |
| April 2021 | 0.3% | £670pcm |
| April 2020 | 3.5% | £669pcm |
| April 2019 | 0.9% | £646pcm |
| April 2018 | -1.2% | £640pcm |
| April 2017 | 0.7% | £648pcm |
| April 2016 | 2.5% | £644pcm |
| April 2015 | 3% | £628pcm |
| April 2014 | 3.7% | £610pcm |
| April 2013 | 1.3% | £588pcm |
| April 2012 | 1.1% | £580pcm |
| April 2011 | 0.5% | £574pcm |
| April 2010 | 1.4% | £571pcm |
| April 2009 | -3.2% | £563pcm |
| April 2008 | 2.9% | £582pcm |
| April 2007 | 0% | £566pcm |
The last sale was on 30th January 2023 for £145,000 and since then the market in the area has decreased by 5.3%. The postcode has had a total of 15 sales since 1995.
PO16 7NE has seen 1 sale in the last three years and no sales in the last twelve months.
PO16 7NE is the 269th largest and the 59th most expensive postcode out of the 929 postcodes in the PO16 area.
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The closest station to PO16 7NE is Fareham station which is 700 metres away.
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