PO16 7RU is a residential postcode situated on Wickham Road, Fareham, PO16 with 27 addresses.
It ranks as the 752nd largest and 5th 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 27 properties: 27 flats.
PO16 7RU is a residential postcode situated on Wickham Road, Fareham, PO16 with 27 addresses.
It ranks as the 752nd largest and 5th 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 27 properties: 27 flats.
Sale prices range from £82,888 for 1 bedroom leasehold flats (398 ft2) to £108,100 for 2 bedroom leasehold flats (682 ft2) .
Monthly rental prices range from £519 pcm for 1 bed flats to £650 pcm for 2 bed flats.
The gross rental yield is between 7.2% and 7.5%.
The average value per square foot is £180.
The last sale in PO16 7RU sold for £88,000 on 13th February 2026. Since then prices are up an average of 1.7%.
The current average value in the postcode is £95,411.
The PO16 7RU Sales Market has increased by 14.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.2% | £95,411 |
| April 2025 | -1.8% | £96,575 |
| April 2024 | -1.6% | £98,342 |
| April 2023 | 1.2% | £99,983 |
| April 2022 | 8.7% | £98,814 |
| April 2021 | 1.1% | £90,913 |
| April 2020 | 1% | £89,926 |
| April 2019 | 0.7% | £89,010 |
| April 2018 | 1.2% | £88,406 |
| April 2017 | 5.1% | £87,333 |
| April 2016 | 7.1% | £83,134 |
| April 2015 | 6.9% | £77,632 |
| April 2014 | 7.6% | £72,651 |
| April 2013 | -1% | £67,494 |
| April 2012 | -0.5% | £68,175 |
| April 2011 | -2.6% | £68,491 |
| April 2010 | 5.9% | £70,291 |
| April 2009 | -12.7% | £66,362 |
| April 2008 | 2.7% | £76,034 |
| April 2007 | 0% | £74,031 |
The current average rental value in the postcode is £593.
The PO16 7RU Rental Market has increased by 39.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.1% | £593pcm |
| April 2025 | 4% | £575pcm |
| April 2024 | 10.5% | £553pcm |
| April 2023 | 5.4% | £500pcm |
| April 2022 | 6.3% | £475pcm |
| April 2021 | 0.4% | £446pcm |
| April 2020 | 3.9% | £445pcm |
| April 2019 | 0.9% | £428pcm |
| April 2018 | -1.2% | £424pcm |
| April 2017 | 0.8% | £429pcm |
| April 2016 | 2.3% | £426pcm |
| April 2015 | 3.1% | £417pcm |
| April 2014 | 3.5% | £404pcm |
| April 2013 | 1.5% | £390pcm |
| April 2012 | 0.9% | £384pcm |
| April 2011 | 0.5% | £381pcm |
| April 2010 | 1.3% | £379pcm |
| April 2009 | -3.5% | £375pcm |
| April 2008 | 2.7% | £388pcm |
| April 2007 | 0% | £378pcm |
The last sale was on 13th February 2026 for £88,000 and since then the market in the area has increased by 1.7%. The postcode has had a total of 48 sales since 1995.
PO16 7RU has seen 6 sales in the last three years and 2 sales in the last twelve months.
PO16 7RU is the 752nd largest and the 5th most expensive postcode out of the 929 postcodes in the PO16 area.
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The closest station to PO16 7RU is Fareham station which is 1.2 kilometres away.
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