PO16 8SZ is a residential postcode located on Drift Road, Fareham, PO16. It is the 825th largest postcode in the PO16 area.
It contains 30 residential addresses consisting of 29 houses and 1 flat and the most common type of property is a modern house built after 1980.
The average house value is £704,819. Sales values have increased in the last 12 months by 2.0% and Rental values have increased by 6.0%.
Property sale values range from £395,164 for a leasehold flat, with 3 bedrooms split across 1,298 square feet of gross internal area and has no outside space to £1,063,467 for a freehold house, with 5 bedrooms split across 3,057 square feet of gross internal area and has a garden.
Average £/ft2 for properties in PO16 8SZ is £439/ft2.
Properties achieve a rental yield of between 4% and 4.7%, and rental values range from £1,504 to £3,610 per month.
The last sale was 08 Mar 2021 for £575,000 and since then the market in the area as increased by 12.8%. The postcode has had a total of 4 sales since 1995.
PO16 8SZ has seen 1 sale in the last three years and no sales in the last twelve months.
PO16 8SZ is the 825th largest and the 935th most expensive postcode out of the 953 postcodes in the PO16 area.
PO16 8SZ is a residential postcode located on Drift Road, Fareham, PO16 with 29 houses and 1 flat within its bounds.
The most common property type in PO16 8SZ is a modern house built after 1980.
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to PO16 8SZ is Fareham station which is 1.8 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around PO16 8SZ, 44.4% of property is privately owned outright and 35.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around PO16 8SZ, 10.0% of residents are recorded as possessing school level qualifications and 38.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around PO16 8SZ, the average age was 44.9 and the most common age was 57.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around PO16 8SZ, 0.7% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around PO16 8SZ, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.