Housing Market Analysis for MEAD WAY, PO16 7LA

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £205,931 median price is £212,500 Standard Deviation is £96,436 with Total Sold: 27
- The Last 5 Year average price is £317,825 with Total Sold: 6
- The most recent sale happened at this postcode is 1 MEAD WAY: £270,000 (Sold on 28 Jul 2023)
- The first recorded sale happened at this postcode is 2 MEAD WAY: £67,500 (Sold on 21 Jul 1995)
Other
- The average price is around £15,000 median price is £15,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £15,000 with Total Sold: 1
- The most recent sale happened at this postcode is 11 MEAD WAY: £15,000 (Sold on 09 Jan 2019)
- The first recorded sale happened at this postcode is 11 MEAD WAY: £15,000 (Sold on 09 Jan 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average PO16 7LA 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£270,000	£2,935	1
2021	£368,983	£3,808	3
2019	£265,000	£2,777	2
2017	£289,000	£3,400	1
2016	£295,500	£2,869	2
2014	£279,000	£3,207	1
2012	£164,000	£1,907	1
2009	£197,706	£1,997	1
2006	£247,500	£2,190	1
2005	£216,000	£2,000	1
2004	£206,750		2
2003	£212,500	£1,881	1
2002	£160,000		2
2001	£135,500	£1,303	2
1999	£84,995	£977	1
1998	£89,995	£833	1
1997	£80,000	£808	1
1996	£54,000		1
1995	£71,500	£763	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£15,000	£139	1

All the Sales in the MEAD WAY, PO16 7LA

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

Address	Sold Date	Price	% Change
1 MEAD WAYSemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1930-1949	28 Jul 2023	£270,000	First Sale
11A MEAD WAYSemi-Detached, FreeholdArea: 113 Sq.mtrAge: 1967-1975	06 Aug 2021	£341,950	38.16%
	27 Nov 2006	£247,500	16.47%
	22 Jul 2003	£212,500	First Sale
10 MEAD WAYSemi-Detached, FreeholdArea: 99 Sq.mtrAge: 1950-1966	30 Mar 2021	£325,000	64.39%
	27 Mar 2009	£197,706	53.26%
	16 Feb 2001	£129,000	61.25%
	27 Mar 1997	£80,000	5.96%
	20 Oct 1995	£75,500	First Sale
14 MEAD WAYSemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-1966	05 Mar 2021	£440,000	168.29%
	23 Jul 2012	£164,000	First Sale
16 MEAD WAYSemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1950-1966	04 Dec 2019	£235,000	First Sale
4 MEAD WAYSemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1930-1949	01 Feb 2019	£295,000	First Sale
11 MEAD WAYOther, FreeholdArea: 108 Sq.mtrAge: 1967-1975	09 Jan 2019	£15,000	-95.16%
	25 Aug 2016	£310,000	43.52%
	18 Aug 2005	£216,000	140.01%
	29 May 1998	£89,995	First Sale
9 MEAD WAYSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	07 Apr 2017	£289,000	First Sale
5 MEAD WAYSemi-Detached, FreeholdArea: 98 Sq.mtrAge: 1930-1949	26 Sep 2016	£281,000	First Sale
8 MEAD WAYSemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1950-1966	21 Aug 2014	£279,000	96.48%
	05 Dec 2001	£142,000	67.07%
	30 Jul 1999	£84,995	First Sale
13 MEAD WAYSemi-Detached, Freehold	26 Nov 2004	£198,500	First Sale
6 MEAD WAYSemi-Detached, Freehold	07 Oct 2004	£215,000	19.44%
	20 Aug 2002	£180,000	233.33%
	01 Nov 1996	£54,000	First Sale
2 MEAD WAYSemi-Detached, Freehold	15 Feb 2002	£140,000	107.41%
2 MEAD WAYSemi-Detached, Freehold	21 Jul 1995	£67,500	First Sale

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

MEAD WAY, PO16 7LA Near By properties

Interactive Map

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

Flat
- The average price is around £132,069 median price is £132,000 Standard Deviation is £38,584 with Total Sold: 469
- The Last 5 Year average price is £155,344 with Total Sold: 110
- 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 , 72 ARUNDEL DRIVE: £38,000 (Sold on 27 Jan 1995)
Detached
- The average price is around £304,538 median price is £287,500 Standard Deviation is £170,960 with Total Sold: 857
- The Last 5 Year average price is £514,347 with Total Sold: 134
- The most recent sale happened at this postcode is , 12 MILLER DRIVE: £550,000 (Sold on 19 Aug 2024)
- The first recorded sale happened at this postcode is , 18 NORTON DRIVE: £123,000 (Sold on 13 Feb 1995)
Semi-Detached
- The average price is around £216,773 median price is £210,000 Standard Deviation is £109,564 with Total Sold: 527
- The Last 5 Year average price is £355,537 with Total Sold: 92
- 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)
Terraced
- The average price is around £168,735 median price is £163,000 Standard Deviation is £83,199 with Total Sold: 277
- The Last 5 Year average price is £285,621 with Total Sold: 39
- 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)
Other
- The average price is around £537,212 median price is £173,000 Standard Deviation is £1,028,981 with Total Sold: 13
- The Last 5 Year average price is £666,806 with Total Sold: 9
- The most recent sale happened at this postcode is , 74 ARUNDEL DRIVE: £135,000 (Sold on 28 Jul 2023)
- The first recorded sale happened at this postcode is , 6 PENNANT PARK: £650,000 (Sold on 22 Aug 2014)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£161,362	£3,378	12
2023	£155,976	£2,935	21
2022	£158,370	£2,992	25
2021	£153,740	£2,816	21
2020	£147,625	£2,826	12
2019	£153,513	£2,687	19
2018	£155,657	£2,683	35
2017	£167,968	£3,044	17
2016	£129,534	£2,685	58
2015	£136,327	£2,592	38
2014	£128,744	£2,347	16
2013	£124,679	£2,129	14
2012	£132,599	£2,408	5
2011	£117,318	£2,360	11
2010	£122,871	£1,982	12
2009	£109,744	£1,963	8
2008	£123,496	£2,072	13
2007	£129,364	£2,303	11
2006	£127,711	£2,354	9
2005	£146,404	£2,876	43
2004	£152,286	£2,534	7
2003	£109,150	£2,203	9
2002	£86,000	£1,363	7
2001	£85,600	£1,609	5
2000	£67,775	£1,205	8
1999	£57,667	£1,140	3
1998	£59,900	£986	5
1997	£51,187	£875	8
1996	£45,303	£759	13
1995	£44,900	£694	4

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£617,857		7
2023	£575,588	£4,197	17
2022	£596,625	£4,314	20
2021	£550,894	£4,083	26
2020	£469,357	£3,386	28
2019	£428,186	£3,604	36
2018	£454,450	£3,320	20
2017	£435,939	£3,447	28
2016	£422,164	£3,195	35
2015	£447,933	£3,053	30
2014	£343,840	£2,624	35
2013	£317,029	£2,377	24
2012	£308,984	£2,510	23
2011	£359,745	£2,685	21
2010	£346,545	£2,626	22
2009	£315,358	£2,289	19
2008	£338,698	£2,092	13
2007	£326,948	£2,431	21
2006	£317,162	£2,331	22
2005	£298,005	£2,253	31
2004	£348,511	£2,140	31
2003	£266,666	£1,985	24
2002	£237,997	£1,875	34
2001	£217,058	£1,616	35
2000	£169,946	£1,223	28
1999	£149,298	£1,105	33
1998	£147,326	£1,000	37
1997	£136,511	£1,080	56
1996	£114,259	£906	64
1995	£112,596	£949	37

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£380,000		2
2023	£373,081	£3,666	16
2022	£432,823	£3,982	12
2021	£342,688	£3,732	21
2020	£372,652	£3,363	16
2019	£305,093	£3,218	25
2018	£318,150	£3,212	16
2017	£342,103	£3,287	17
2016	£301,114	£3,044	19
2015	£258,524	£2,744	17
2014	£257,997	£2,797	17
2013	£240,435	£2,375	17
2012	£280,850	£2,179	7
2011	£251,275	£2,635	16
2010	£218,644	£2,323	17
2009	£184,897	£2,308	13
2008	£226,250	£2,435	8
2007	£213,822	£2,230	18
2006	£213,767	£2,207	30
2005	£190,720	£2,015	20
2004	£204,363	£2,044	19
2003	£193,733	£1,748	21
2002	£153,332	£1,653	23
2001	£124,061	£1,349	18
2000	£112,999	£1,164	13
1999	£98,549	£995	18
1998	£91,333	£901	24
1997	£77,653	£736	17
1996	£71,148	£751	30
1995	£72,037	£690	20

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£370,000	£3,461	2
2023	£310,469	£3,809	8
2022	£346,575	£3,791	6
2021	£265,136	£3,553	11
2020	£224,929	£3,350	7
2019	£269,000	£3,604	5
2018	£265,357	£3,349	7
2017	£257,143	£3,554	7
2016	£247,500	£3,406	8
2015	£222,738	£3,074	4
2014	£203,217	£2,584	9
2013	£225,411	£2,457	19
2012	£193,771	£2,368	7
2011	£148,000	£2,564	4
2010	£196,833	£2,264	6
2009	£183,150	£947	1
2008	£168,825	£2,321	10
2007	£211,575	£2,254	6
2006	£157,293	£2,415	15
2005	£190,840	£2,293	16
2004	£152,250	£2,046	10
2003	£151,765	£1,910	13
2002	£113,694	£2,105	10
2001	£106,025	£1,625	16
2000	£96,128	£1,177	9
1999	£69,812	£1,103	12
1998	£77,409	£1,034	11
1997	£66,933	£920	15
1996	£59,094	£718	8
1995	£61,139	£927	15

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£2,081,126		2
2022	£290,000		1
2021	£144,500	£2,621	2
2019	£315,000	£1,498	4
2016	£110,833	£2,554	3
2014	£650,000		1

House Type in PO16 7LA area

The most common house types in the PO16 7LA postcode area are Semi-detached (86), Detached (25), and Terraced (16).

Total	137
Semi-detached	86
Detached	25
Terraced	16
Flat	10
Shared house	0
converted building	0
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 (63), and Owned: Owns outright (60).

Owned: Owns with a mortgage or loan	63
Owned: Owns outright	60
Private rented: Private landlord or letting agency	13
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the PO16 7LA have 2 people in household (46), and 1 person in household (34).

2 people in household	46
1 person in household	34
4 people in household	31
3 people in household	21
5 people in household	6
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0