Housing Market Analysis for REDLANDS LANE, PO16 0UE

Are you looking to understand PO16 0UE house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Fareham postcode.

For the location information and nearby amenities in the PO16 0UE area, explore the PO16 0UE Area information page.
For comprehensive crime statistics in the PO16 0UE area, explore the PO16 0UE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PO16 0UE postcode area, The average prices are as follows,

Flat
- The average price is around £117,896 median price is £119,000 Standard Deviation is £27,721 with Total Sold: 15
- The Last 5 Year average price is £172,000 with Total Sold: 1
- The most recent sale happened at this postcode is FLAT 1, HAMBLE HOUSE REDLANDS LANE: £172,000 (Sold on 08 Apr 2022)
- The first recorded sale happened at this postcode is FLAT 2, HAMBLE HOUSE REDLANDS LANE: £39,500 (Sold on 21 May 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average PO16 0UE house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£172,000	£2,263	1
2018	£150,000	£1,974	1
2016	£131,498	£1,754	2
2015	£119,000	£2,125	1
2014	£90,000	£1,184	1
2011	£108,000	£1,441	1
2010	£120,000		1
2008	£123,000	£1,640	1
2007	£124,000	£1,654	1
2006	£116,975	£1,573	2
2005	£113,000	£1,561	2
1997	£39,500		1

All the Sales in the REDLANDS LANE, PO16 0UE

See the table below for more details on the sold house prices in the PO16 0UE, Fareham postcode.

Address	Sold Date	Price	% Change
FLAT 1, HAMBLE HOUSE REDLANDS LANEFlat, LeaseholdArea: 76 Sq.mtrAge: 1967-1975	08 Apr 2022	£172,000	14.67%
	19 Feb 2018	£150,000	66.67%
	05 Nov 2014	£90,000	First Sale
FLAT 3, HAMBLE HOUSE REDLANDS LANEFlat, LeaseholdArea: 74.96 Sq.mtrAge: 1967-1975	26 Sep 2016	£134,995	25.00%
	24 Jun 2011	£108,000	-12.90%
	09 Aug 2007	£124,000	5.98%
	09 Dec 2005	£117,000	First Sale
FLAT 16, HAMBLE HOUSE REDLANDS LANEFlat, LeaseholdArea: 75 Sq.mtrAge: 1950-1966	29 Apr 2016	£128,000	8.52%
	28 Sep 2006	£117,950	First Sale
FLAT 12, HAMBLE HOUSE REDLANDS LANEFlat, LeaseholdArea: 56 Sq.mtrAge: 1967-1975	20 May 2015	£119,000	First Sale
FLAT 15, HAMBLE HOUSE REDLANDS LANEFlat, Leasehold	20 Oct 2010	£120,000	First Sale
FLAT 4, HAMBLE HOUSE REDLANDS LANEFlat, LeaseholdArea: 75 Sq.mtrAge: 1950-1966	12 Aug 2008	£123,000	First Sale
FLAT 5, HAMBLE HOUSE REDLANDS LANEFlat, Leasehold	20 Jan 2006	£116,000	First Sale
FLAT 2, HAMBLE HOUSE REDLANDS LANEFlat, Leasehold	05 May 2005	£109,000	175.95%
FLAT 2, HAMBLE HOUSE REDLANDS LANEFlat, Leasehold	21 May 1997	£39,500	First Sale

Check out the sold house prices near the PO16 0UE postcode. Properties currently for saleProperties currently for rent

REDLANDS LANE, PO16 0UE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PO16 0UE postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the PO16 0UE postcode.

Terraced
- The average price is around £154,307 median price is £153,000 Standard Deviation is £76,551 with Total Sold: 1,007
- The Last 5 Year average price is £263,378 with Total Sold: 154
- The most recent sale happened at this postcode is , 10 MILL ROAD: £295,000 (Sold on 28 Aug 2024)
- The first recorded sale happened at this postcode is , 24 FORT FAREHAM ROAD: £47,200 (Sold on 26 Jan 1995)
Detached
- The average price is around £221,243 median price is £215,000 Standard Deviation is £105,789 with Total Sold: 259
- The Last 5 Year average price is £374,603 with Total Sold: 34
- The most recent sale happened at this postcode is , 12 MAINSAIL DRIVE: £550,000 (Sold on 06 Aug 2024)
- The first recorded sale happened at this postcode is , 3 BRIARWOOD CLOSE: £100,000 (Sold on 31 Mar 1995)
Semi-Detached
- The average price is around £160,649 median price is £157,500 Standard Deviation is £78,281 with Total Sold: 845
- The Last 5 Year average price is £283,353 with Total Sold: 114
- The most recent sale happened at this postcode is , 196 GOSPORT ROAD: £435,000 (Sold on 20 Jun 2024)
- The first recorded sale happened at this postcode is , 3 EASTERN PARADE: £71,750 (Sold on 10 Feb 1995)
Flat
- The average price is around £102,251 median price is £107,500 Standard Deviation is £46,215 with Total Sold: 435
- The Last 5 Year average price is £141,610 with Total Sold: 56
- The most recent sale happened at this postcode is , 9 COMPASS POINT: £130,000 (Sold on 07 Jun 2024)
- The first recorded sale happened at this postcode is , 4 COMPASS POINT: £36,000 (Sold on 03 Feb 1995)
Other
- The average price is around £813,341 median price is £130,000 Standard Deviation is £1,752,875 with Total Sold: 21
- The Last 5 Year average price is £1,519,179 with Total Sold: 7
- The most recent sale happened at this postcode is , UNIT 9 THE BOATYARD INDUSTRIAL ESTATE: £940,000 (Sold on 21 Dec 2023)
- The first recorded sale happened at this postcode is THE GALLERIES, UNITS 1-17 FORT FAREHAM INDUSTRIAL SITE: £75,000 (Sold on 03 Dec 2014)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£296,083		6
2023	£284,571	£3,300	28
2022	£287,272	£3,705	27
2021	£262,036	£3,424	40
2020	£240,715	£2,878	23
2019	£234,717	£2,920	30
2018	£243,420	£3,019	32
2017	£233,374	£3,128	39
2016	£214,747	£2,687	33
2015	£193,393	£2,447	39
2014	£179,429	£2,425	38
2013	£166,296	£2,004	27
2012	£161,447	£2,201	19
2011	£160,358	£2,155	25
2010	£157,684	£2,061	19
2009	£144,390	£2,048	27
2008	£163,722	£2,073	20
2007	£164,823	£2,136	39
2006	£169,114	£2,143	42
2005	£157,827	£2,012	33
2004	£151,046	£1,915	30
2003	£133,547	£1,721	40
2002	£122,839	£1,599	42
2001	£92,704	£1,197	38
2000	£80,402	£1,058	50
1999	£70,754	£833	41
1998	£65,298	£857	64
1997	£58,530	£799	51
1996	£51,547	£675	40
1995	£52,456	£629	25

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£385,333	£3,710	3
2023	£424,083	£4,411	6
2022	£433,857	£4,000	7
2021	£341,000	£3,495	7
2020	£337,167	£3,244	6
2019	£317,800	£3,293	5
2018	£328,828	£3,278	9
2017	£360,199	£3,165	5
2016	£282,227	£3,290	11
2015	£238,000	£2,804	3
2014	£248,041	£2,604	11
2013	£242,333	£2,908	6
2012	£272,590	£2,488	5
2011	£218,353	£2,127	3
2010	£232,400	£2,291	10
2009	£207,250	£2,737	5
2008	£260,400	£3,054	5
2007	£222,226	£2,339	11
2006	£254,497	£2,270	15
2005	£228,125	£1,945	8
2004	£207,294	£2,211	10
2003	£194,666	£2,109	12
2002	£188,028	£2,003	14
2001	£159,912	£1,347	12
2000	£160,500	£1,200	8
1999	£114,818	£1,080	27
1998	£122,575	£1,165	20
1997	£82,333	£858	3
1996	£96,250	£882	4
1995	£76,118	£875	8

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£312,000	£2,993	12
2023	£285,187	£3,345	16
2022	£311,794	£3,963	17
2021	£283,476	£3,293	31
2020	£257,611	£3,072	22
2019	£264,972	£3,401	16
2018	£248,103	£3,361	29
2017	£244,320	£3,114	25
2016	£231,366	£2,923	15
2015	£199,641	£2,570	35
2014	£185,598	£2,407	27
2013	£185,050	£2,248	29
2012	£172,550	£2,216	20
2011	£186,767	£2,022	23
2010	£171,525	£2,085	18
2009	£165,412	£2,180	17
2008	£171,399	£2,249	21
2007	£185,821	£2,231	31
2006	£168,118	£2,066	39
2005	£160,992	£1,843	30
2004	£146,737	£1,695	35
2003	£143,047	£1,870	38
2002	£126,961	£1,635	39
2001	£99,581	£1,140	45
2000	£89,849	£1,195	45
1999	£70,182	£882	33
1998	£71,255	£938	39
1997	£64,068	£839	41
1996	£54,177	£791	33
1995	£56,608	£673	24

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£131,625	£2,953	4
2023	£160,700	£2,874	5
2022	£158,962	£2,644	13
2021	£130,562	£2,806	12
2020	£127,458	£2,759	12
2019	£143,740	£9,624	10
2018	£143,864	£2,556	11
2017	£130,285	£2,373	14
2016	£128,462	£2,293	20
2015	£125,134	£2,388	13
2014	£123,162	£2,255	20
2013	£99,250	£2,155	6
2012	£134,250	£2,109	4
2011	£110,455	£2,161	11
2010	£120,357	£4,262	14
2009	£140,000	£2,154	1
2008	£120,571	£2,439	7
2007	£132,066	£2,209	24
2006	£136,326	£2,315	48
2005	£104,820	£1,983	10
2004	£100,846	£2,284	13
2003	£92,743	£1,724	16
2002	£82,520	£1,743	22
2001	£71,091	£1,238	21
2000	£53,054	£910	22
1999	£43,921	£962	19
1998	£43,543	£961	16
1997	£42,122	£751	20
1996	£37,764	£839	14
1995	£40,976	£643	13

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£940,000		1
2022	£662,500		2
2021	£21,000	£618	2
2020	£8,197,254		1
2019	£130,000		1
2018	£558,298		6
2017	£750		1
2016	£161,667	£2,328	3
2015	£845,120	£1,188	3
2014	£75,000		1

House Type in PO16 0UE area

The most common house types in the PO16 0UE postcode area are Flat (45), Semi-detached (39), and Terraced (18).

Total	107
Flat	45
Semi-detached	39
Terraced	18
Detached	4
commercial building	1
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (35), and Owned: Owns with a mortgage or loan (31).

Owned: Owns outright	35
Owned: Owns with a mortgage or loan	31
Social rented: Rents from council or Local Authority	24
Private rented: Private landlord or letting agency	10
Social rented: Other social rented	4
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the PO16 0UE have 2 people in household (43), and 1 person in household (29).

2 people in household	43
1 person in household	29
3 people in household	26
4 people in household	8
5 people in household	2
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0