Grove Road - PO16 7TE
Key Postcode Insights
PO16 7TE is a residential postcode situated on Grove Road, Fareham, PO16 with 16 addresses.
It ranks as the 537th largest and 652nd most expensive of the 929 postcodes in the PO16 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 16 properties: 16 houses.
- Ave. Sale Price
- £407,578
- 10 Year change
- up 29.1%
- Ave. Rental Price
- £1,865pcm
- 10 Year change
- up 57.6%
- Ave. £ per ft²
- £349/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
PO16 7TE is a residential postcode situated on Grove Road, Fareham, PO16 with 16 addresses.
It ranks as the 537th largest and 652nd most expensive of the 929 postcodes in the PO16 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 16 properties: 16 houses.
- Ave. Sale Price
- £407,578
- 10 Year change
- up 29.1%
- Ave. Rental Price
- £1,865pcm
- 10 Year change
- up 57.6%
- Ave. £ per ft²
- £349/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Propertiesin PO16 7TE
- 4A Grove Road
2 Bed Modern House
- 4 Grove Road
4 Bed Mid-century House
- 6 Grove Road
3 Bed Period House
- 8 Grove Road
3 Bed Period House
- 10 Grove Road
3 Bed Period House
Sales Market Trends
The last sale in PO16 7TE sold for £285,000 on 14th August 2023. Since then prices are down an average of 1.6%.
The current average value in the postcode is £407,578.
The PO16 7TE Sales Market has increased by 29.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £407,578 |
| June 2025 | 0.1% | £409,719 |
| June 2024 | -2.3% | £409,464 |
| June 2023 | 0.7% | £418,908 |
| June 2022 | 11.3% | £416,178 |
| June 2021 | 6.2% | £373,992 |
| June 2020 | 1% | £352,233 |
| June 2019 | 1.2% | £348,592 |
| June 2018 | 3.1% | £344,572 |
| June 2017 | 5.9% | £334,237 |
| June 2016 | 10.5% | £315,638 |
| June 2015 | 5.8% | £285,646 |
| June 2014 | 9.3% | £269,950 |
| June 2013 | -0.7% | £247,032 |
| June 2012 | 1.5% | £248,709 |
| June 2011 | -1.5% | £245,105 |
| June 2010 | 11.9% | £248,852 |
| June 2009 | -10.8% | £222,429 |
| June 2008 | -0.6% | £249,260 |
| June 2007 | 0% | £250,684 |
Rental Market Trends
The current average rental value in the postcode is £1,865.
The PO16 7TE Rental Market has increased by 57.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £1,865pcm |
| June 2025 | 5.6% | £1,805pcm |
| June 2024 | 7.8% | £1,709pcm |
| June 2023 | 7.1% | £1,586pcm |
| June 2022 | 10.5% | £1,480pcm |
| June 2021 | 4.2% | £1,340pcm |
| June 2020 | 2.9% | £1,286pcm |
| June 2019 | 1.2% | £1,249pcm |
| June 2018 | 1.8% | £1,235pcm |
| June 2017 | 2.5% | £1,212pcm |
| June 2016 | 4.7% | £1,183pcm |
| June 2015 | 3.8% | £1,130pcm |
| June 2014 | 4% | £1,088pcm |
| June 2013 | 2% | £1,046pcm |
| June 2012 | 2.1% | £1,026pcm |
| June 2011 | 2.5% | £1,004pcm |
| June 2010 | 5.8% | £980pcm |
| June 2009 | -3.3% | £926pcm |
| June 2008 | 3.5% | £958pcm |
| June 2007 | 0% | £926pcm |
Sales History
The last sale was on 14th August 2023 for £285,000 and since then the market in the area has decreased by 1.6%. The postcode has had a total of 29 sales since 1995.
PO16 7TE has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Aug 2023£285,000 | 3 Bed House8, Grove Road, Fareham, PO16 7TE8, Grove Road, Fareham, PO16 7TE
- Sold Mar 2022£479,950 | 4 Bed House24, Grove Road, Fareham, PO16 7TE24, Grove Road, Fareham, PO16 7TE
- Sold Jun 2021£265,000 | 3 Bed House30, Grove Road, Fareham, PO16 7TE30, Grove Road, Fareham, PO16 7TE
- Sold May 2021£320,000 | 3 Bed House6, Grove Road, Fareham, PO16 7TE6, Grove Road, Fareham, PO16 7TE
- Sold Feb 2021£348,000 | 3 Bed House28, Grove Road, Fareham, PO16 7TE28, Grove Road, Fareham, PO16 7TE
Nearby Postcodes
PO16 7TE is the 537th largest and the 652nd most expensive postcode out of the 929 postcodes in the PO16 area.
- PO16 7AS, Grove Road, Fareham, PO16PO16 7AS49 Addresses|42 m away
- PO16 7TF, Grove Road, Fareham, PO16PO16 7TF8 Addresses|42 m away
- PO16 0HZ, West Street, Portchester, Fareham, PO16PO16 0HZ12 Addresses|67 m away
- PO16 7TD, Gordon Road, Fareham, PO16PO16 7TD4 Addresses|76 m away
- PO16 7TB, Gordon Road, Fareham, PO16PO16 7TB20 Addresses|76 m away
Property Types
- 12 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 1 mid-century house built between 1936 and 1979
- 1 house of an unknown age
- 1 other address of unknown type
- period house (12)
- modern house (1)
- mid-century house (1)
- house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (2)
- C (1)
- G (1)
- D (7)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Mar 2022£479,950 | 4 Bed House24, Grove Road, Fareham, PO16 7TE24, Grove Road, Fareham, PO16 7TE
- Sold May 2021£475,000 | 4 Bed House27, Grove Road, Fareham, PO16 7TF27, Grove Road, Fareham, PO16 7TF
- Sold Jul 2022£462,000 | 4 Bed House3, Grove Road, Fareham, PO16 7TF3, Grove Road, Fareham, PO16 7TF
Schools Nearby
- Harrison Primary School700 m away
- Uplands Primary School900 m away
- Wallisdean Infant School900 m away
- Fareham Academy900 m away
- Cams Hill School2.1 km away
- The Henry Cort Community College2.4 km away
More reading links
Public Transport Nearby
The closest station to PO16 7TE is Fareham station, which is 300 metres away.
- Fareham|300 m away
- Portchester|4.5 km away
- Swanwick|6.0 km away
- Portsmouth Harbour|8.5 km away
