PO16 8TH is a residential postcode situated on Military Road, Fareham, PO16 with 3 addresses.
It ranks as the 105th largest and 456th most expensive of the 929 postcodes in the PO16 area.
The postcode contains a total of 3 properties: 2 houses and 1 flat.
PO16 8TH is a residential postcode situated on Military Road, Fareham, PO16 with 3 addresses.
It ranks as the 105th largest and 456th most expensive of the 929 postcodes in the PO16 area.
The postcode contains a total of 3 properties: 2 houses and 1 flat.
Sale prices range from £165,213 for 2 bedroom leasehold flats (496 ft2) to £389,314 for 3 bedroom freehold houses with a garden (1,108 ft2) .
Monthly rental prices range from £884 pcm for 2 bed flats to £1,703 pcm for 3 bed houses.
The gross rental yield is between 5.2% and 6.4%.
The average value per square foot is £333.
The last sale in PO16 8TH sold for £390,000 on 5th June 2025. Since then prices are down an average of 0.1%.
The current average value in the postcode is £296,792.
The PO16 8TH Sales Market has increased by 23.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.6% | £296,792 |
| April 2025 | -0.1% | £298,623 |
| April 2024 | -2.5% | £299,053 |
| April 2023 | 1.6% | £306,786 |
| April 2022 | 11.2% | £302,071 |
| April 2021 | 2.5% | £271,575 |
| April 2020 | 0.3% | £264,902 |
| April 2019 | 1.1% | £264,220 |
| April 2018 | 2.5% | £261,448 |
| April 2017 | 6.4% | £254,958 |
| April 2016 | 8.7% | £239,535 |
| April 2015 | 7.3% | £220,445 |
| April 2014 | 8.2% | £205,385 |
| April 2013 | -0.1% | £189,821 |
| April 2012 | 0.7% | £189,967 |
| April 2011 | -1.7% | £188,580 |
| April 2010 | 6.1% | £191,830 |
| April 2009 | -11.8% | £180,773 |
| April 2008 | 3.3% | £204,971 |
| April 2007 | 0% | £198,341 |
The current average rental value in the postcode is £1,399.
The PO16 8TH Rental Market has increased by 50.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.6% | £1,399pcm |
| April 2025 | 5.5% | £1,350pcm |
| April 2024 | 10% | £1,280pcm |
| April 2023 | 5.9% | £1,163pcm |
| April 2022 | 8.4% | £1,099pcm |
| April 2021 | 2% | £1,013pcm |
| April 2020 | 3.4% | £994pcm |
| April 2019 | 1.4% | £961pcm |
| April 2018 | 0% | £948pcm |
| April 2017 | 1.7% | £948pcm |
| April 2016 | 3.5% | £932pcm |
| April 2015 | 3.4% | £900pcm |
| April 2014 | 3.9% | £871pcm |
| April 2013 | 2.3% | £838pcm |
| April 2012 | 2.1% | £819pcm |
| April 2011 | 1.1% | £803pcm |
| April 2010 | 2.2% | £794pcm |
| April 2009 | -2.7% | £777pcm |
| April 2008 | 2.9% | £799pcm |
| April 2007 | 0% | £776pcm |
The last sale was on 5th June 2025 for £390,000 and since then the market in the area has decreased by 0.1%. The postcode has had a total of 3 sales since 1995.
PO16 8TH has seen 1 sale in the last three years and 1 sale in the last twelve months.
PO16 8TH is the 105th largest and the 456th most expensive postcode out of the 929 postcodes in the PO16 area.
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The closest station to PO16 8TH is Fareham station which is 1.8 kilometres away.
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