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Postcode Overview
of PO16 7LE
PO16 7LE is a residential postcode located on Park Lane, Fareham, PO16. It is the 615th largest postcode in the PO16 area.
It contains 18 houses and the most common type of property is a mid-century house built between 1936 and 1979.
Average property prices
in PO16 7LE
The average house value is £701,837. Sales values have increased in the last 12 months by 1.5% and Rental values have increased by 5.5%.
Property sale values range from £425,785 for a freehold house, with 3 bedrooms split across 736 square feet of gross internal area and has a garden to £881,934 for a freehold house, with 5 bedrooms split across 2,605 square feet of gross internal area and has a garden.
Average £/ft2 for properties in PO16 7LE is £399/ft2.
Properties achieve a rental yield of between 4% and 4.4%, and rental values range from £1,547 to £2,994 per month.
Recent sales
within PO16 7LE
The last sale was 21 Aug 2023 for £825,000 and since then the market in the area as increased by 1.5%. The postcode has had a total of 4 sales since 1995.
PO16 7LE has seen 2 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to PO16 7LE
PO16 7LE is the 615th largest and the 934th most expensive postcode out of the 953 postcodes in the PO16 area.
Property types
in PO16 7LE
PO16 7LE is a residential postcode located on Park Lane, Fareham, PO16 with 18 houses within its bounds.
The most common property type in PO16 7LE is a mid-century house built between 1936 and 1979.
Energy Efficiency
of properties within PO16 7LE
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being No EPC.
Schools nearby
to PO16 7LE
Public transport nearby
to PO16 7LE
The closest station to PO16 7LE is Fareham station which is 1.1 km away.
