Housing Market Analysis for OWEN CLOSE, PO16 7GZ

Are you looking to understand PO16 7GZ 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 7GZ area, explore the PO16 7GZ Area information page.
For comprehensive crime statistics in the PO16 7GZ area, explore the PO16 7GZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PO16 7GZ postcode area, The average prices are as follows,

Detached
- The average price is around £288,400 median price is £288,000 Standard Deviation is £52,966 with Total Sold: 10
- The Last 5 Year average price is £314,000 with Total Sold: 3
- The most recent sale happened at this postcode is 10 OWEN CLOSE: £265,000 (Sold on 15 Mar 2023)
- The first recorded sale happened at this postcode is 10 OWEN CLOSE: £160,000 (Sold on 31 May 2013)
Flat
- The average price is around £148,250 median price is £154,000 Standard Deviation is £46,157 with Total Sold: 8
- The Last 5 Year average price is £76,500 with Total Sold: 2
- The most recent sale happened at this postcode is 11 OWEN CLOSE: £75,000 (Sold on 30 Mar 2020)
- The first recorded sale happened at this postcode is 11 OWEN CLOSE: £78,000 (Sold on 04 Sep 2024)
Terraced
- The average price is around £247,186 median price is £245,000 Standard Deviation is £40,518 with Total Sold: 7
- The most recent sale happened at this postcode is 20 OWEN CLOSE: £300,000 (Sold on 19 Sep 2018)
- The first recorded sale happened at this postcode is 19 OWEN CLOSE: £225,000 (Sold on 13 Sep 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average PO16 7GZ 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£265,000	£3,487	1
2019	£338,500	£3,286	2
2018	£325,000	£2,902	1
2014	£264,000	£2,563	1
2013	£270,600	£2,683	5

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£75,000	£1,250	1
2017	£197,500	£2,862	2
2016	£190,000	£2,754	1
2013	£149,333	£2,164	3
2024	£78,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£300,000	£3,797	1
2017	£279,000	£3,532	2
2013	£218,075	£3,078	4

All the Sales in the OWEN CLOSE, PO16 7GZ

See the table below for more details on the sold house prices in the PO16 7GZ, Fareham postcode.

Address	Sold Date	Price	% Change
10 OWEN CLOSEDetached, FreeholdArea: 76 Sq.mtr	15 Mar 2023	£265,000	65.62%
10 OWEN CLOSEDetached, FreeholdArea: 76 Sq.mtr	31 May 2013	£160,000	First Sale
11 OWEN CLOSEFlat, LeaseholdArea: 60 Sq.mtrAge: 2012 onwards	30 Mar 2020	£75,000	-3.85%
	04 Sep 2024	£78,000	First Sale
18 OWEN CLOSEDetached, FreeholdArea: 103 Sq.mtr	18 Nov 2019	£337,000	24.81%
18 OWEN CLOSEDetached, FreeholdArea: 103 Sq.mtr	20 Dec 2013	£270,000	First Sale
14 OWEN CLOSEDetached, FreeholdArea: 103 Sq.mtr	14 Aug 2019	£340,000	13.33%
14 OWEN CLOSEDetached, FreeholdArea: 103 Sq.mtr	31 May 2013	£300,000	First Sale
20 OWEN CLOSETerraced, FreeholdArea: 79 Sq.mtr	19 Sep 2018	£300,000	7.14%
	20 Jun 2017	£280,000	14.29%
	27 Sep 2013	£245,000	First Sale
24 OWEN CLOSEDetached, FreeholdArea: 112 Sq.mtr	20 Apr 2018	£325,000	-6.34%
24 OWEN CLOSEDetached, FreeholdArea: 112 Sq.mtr	28 Jun 2013	£347,000	First Sale
16 OWEN CLOSEFlat, FreeholdArea: 69 Sq.mtr	18 Sep 2017	£200,000	2.56%
	30 Jun 2017	£195,000	27.45%
	28 Jun 2013	£153,000	First Sale
21 OWEN CLOSETerraced, FreeholdArea: 79 Sq.mtr	17 Mar 2017	£278,000	19.67%
21 OWEN CLOSETerraced, FreeholdArea: 79 Sq.mtr	27 Sep 2013	£232,300	First Sale
25 OWEN CLOSEFlat, FreeholdArea: 69 Sq.mtr	21 Dec 2016	£190,000	22.58%
25 OWEN CLOSEFlat, FreeholdArea: 69 Sq.mtr	28 Mar 2013	£155,000	First Sale
15 OWEN CLOSEDetached, FreeholdArea: 103 Sq.mtr	18 Dec 2014	£264,000	First Sale
17 OWEN CLOSEFlat, FreeholdArea: 69 Sq.mtr	20 Dec 2013	£140,000	First Sale
22 OWEN CLOSETerraced, FreeholdArea: 63 Sq.mtr	25 Oct 2013	£170,000	First Sale
19 OWEN CLOSETerraced, FreeholdArea: 63 Sq.mtr	13 Sep 2013	£225,000	First Sale
23 OWEN CLOSEDetached, FreeholdArea: 103 Sq.mtr	14 Jun 2013	£276,000	First Sale

Check out the sold house prices near the PO16 7GZ postcode. Properties currently for saleProperties currently for rent

OWEN CLOSE, PO16 7GZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PO16 7GZ 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 7GZ postcode.

Flat
- The average price is around £145,039 median price is £150,000 Standard Deviation is £41,889 with Total Sold: 309
- The Last 5 Year average price is £161,288 with Total Sold: 68
- The most recent sale happened at this postcode is , 11 OWEN CLOSE: £78,000 (Sold on 04 Sep 2024)
- The first recorded sale happened at this postcode is FLAT 8, TIVERTON COURT WICKHAM ROAD: £35,500 (Sold on 08 Jun 1995)
Semi-Detached
- The average price is around £213,480 median price is £201,000 Standard Deviation is £108,290 with Total Sold: 451
- The Last 5 Year average price is £354,782 with Total Sold: 74
- The most recent sale happened at this postcode is , 110 OLD TURNPIKE: £345,000 (Sold on 19 Aug 2024)
- The first recorded sale happened at this postcode is , 29 WICKHAM ROAD: £125,000 (Sold on 16 Jan 1995)
Detached
- The average price is around £291,508 median price is £272,000 Standard Deviation is £167,043 with Total Sold: 672
- The Last 5 Year average price is £529,325 with Total Sold: 100
- The most recent sale happened at this postcode is , 14 NORTON DRIVE: £520,000 (Sold on 15 Aug 2024)
- The first recorded sale happened at this postcode is , 18 NORTON DRIVE: £123,000 (Sold on 13 Feb 1995)
Other
- The average price is around £696,882 median price is £302,500 Standard Deviation is £983,352 with Total Sold: 26
- The Last 5 Year average price is £697,708 with Total Sold: 16
- The most recent sale happened at this postcode is , 9 THE GARDENS: £400,000 (Sold on 14 Jun 2024)
- The first recorded sale happened at this postcode is , 6 PENNANT PARK: £650,000 (Sold on 22 Aug 2014)
Terraced
- The average price is around £167,869 median price is £162,750 Standard Deviation is £86,338 with Total Sold: 374
- The Last 5 Year average price is £276,980 with Total Sold: 51
- The most recent sale happened at this postcode is , 75 SERPENTINE ROAD: £395,000 (Sold on 19 Feb 2024)
- The first recorded sale happened at this postcode is , 32 ST THOMAS CLOSE: £54,950 (Sold on 20 Jan 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£156,939	£2,633	9
2023	£173,188	£2,820	12
2022	£167,350	£3,228	17
2021	£155,155	£2,903	11
2020	£145,417	£2,643	6
2019	£157,904	£3,168	13
2018	£158,599	£2,856	15
2017	£177,467	£3,027	15
2016	£161,018	£2,862	28
2015	£153,397	£2,608	15
2014	£128,814	£2,334	11
2013	£125,100	£2,218	10
2012	£128,332	£2,681	3
2011	£121,499	£2,433	7
2010	£124,745	£2,109	10
2009	£111,492	£2,067	6
2008	£130,189	£2,176	9
2007	£166,673	£3,486	35
2006	£135,067	£2,373	6
2005	£149,826	£3,015	38
2004	£160,857	£2,534	7
2003	£108,167	£2,131	3
2001	£83,000	£1,538	2
2000	£64,975	£1,154	2
1999	£57,667	£1,140	3
1998	£57,333	£948	3
1997	£46,500	£752	4
1996	£41,832	£777	6
1995	£47,200	£901	3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£345,000		1
2023	£389,236	£3,769	14
2022	£443,080	£3,962	11
2021	£332,026	£3,740	17
2020	£356,106	£3,345	9
2019	£306,197	£3,195	22
2018	£330,877	£3,274	13
2017	£329,861	£3,489	9
2016	£302,261	£2,981	16
2015	£254,327	£2,818	15
2014	£252,872	£2,742	16
2013	£242,314	£2,465	14
2012	£280,850	£2,179	7
2011	£254,367	£2,521	12
2010	£215,797	£2,350	15
2009	£187,166	£2,369	10
2008	£255,223	£2,683	9
2007	£212,881	£2,238	18
2006	£210,161	£2,133	31
2005	£184,681	£1,947	16
2004	£205,100	£2,040	19
2003	£182,400	£1,713	21
2002	£146,478	£1,663	16
2001	£122,228	£1,300	18
2000	£110,554	£1,461	11
1999	£94,817	£992	17
1998	£91,736	£944	19
1997	£83,912	£832	13
1996	£72,456	£760	23
1995	£70,565	£690	19

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£707,000	£4,774	4
2023	£570,214	£4,207	14
2022	£618,667	£4,673	12
2021	£543,663	£4,109	23
2020	£490,000	£3,550	24
2019	£453,620	£3,751	23
2018	£454,909	£3,167	11
2017	£423,090	£3,359	20
2016	£439,010	£3,276	25
2015	£408,020	£2,883	25
2014	£358,885	£2,599	27
2013	£310,791	£2,366	17
2012	£314,038	£2,490	17
2011	£337,343	£2,816	16
2010	£325,906	£2,625	16
2009	£272,309	£2,306	16
2008	£296,589	£2,015	7
2007	£339,375	£2,531	12
2006	£337,480	£2,406	19
2005	£295,968	£2,344	27
2004	£288,043	£1,905	21
2003	£247,727	£2,125	22
2002	£229,628	£1,856	23
2001	£208,324	£1,701	25
2000	£183,618	£1,224	19
1999	£149,355	£1,156	27
1998	£145,016	£1,043	35
1997	£136,243	£1,091	57
1996	£118,192	£927	60
1995	£108,707	£1,007	28

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£400,000		1
2023	£265,500	£1,710	2
2022	£627,250	£3,050	4
2021	£457,500		4
2020	£157,500		1
2019	£1,433,955	£1,224	4
2018	£921,867		3
2017	£1,320,000		2
2016	£210,000	£2,554	3
2015	£270,000		1
2014	£650,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£370,000	£3,461	2
2023	£303,275	£4,160	10
2022	£337,408	£4,165	6
2021	£255,235	£3,418	16
2020	£232,856	£3,453	7
2019	£261,505	£3,868	10
2018	£261,250	£3,427	12
2017	£249,393	£3,310	15
2016	£234,714	£3,099	7
2015	£206,895	£2,879	10
2014	£206,696	£2,545	12
2013	£228,253	£2,622	19
2012	£187,067	£2,303	6
2011	£147,375	£2,466	4
2010	£196,833	£2,264	6
2009	£226,630	£2,180	5
2008	£168,596	£2,341	13
2007	£249,282	£3,046	14
2006	£162,860	£2,772	15
2005	£189,902	£2,324	20
2004	£149,893	£2,031	14
2003	£152,923	£2,065	13
2002	£126,894	£2,195	20
2001	£102,254	£1,555	21
2000	£88,954	£1,137	13
1999	£67,624	£1,013	16
1998	£73,035	£929	14
1997	£65,895	£947	19
1996	£58,292	£883	12
1995	£57,360	£843	23

House Type in PO16 7GZ area

The most common house types in the PO16 7GZ postcode area are Terraced (70), Semi-detached (37), and Detached (27).

Total	152
Terraced	70
Semi-detached	37
Detached	27
Flat	14
Shared house	3
converted building	1
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (59), and Owned: Owns outright (48).

Owned: Owns with a mortgage or loan	59
Owned: Owns outright	48
Private rented: Private landlord or letting agency	27
Social rented: Other social rented	9
Shared ownership: Shared ownership	5
Social rented: Rents from council or Local Authority	2
Private rented: Other private rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the PO16 7GZ have 2 people in household (56), and 1 person in household (41).

2 people in household	56
1 person in household	41
3 people in household	29
4 people in household	21
5 people in household	5
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0