Housing Market Analysis for PARK LANE, PO16 7LB

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £392,755 median price is £370,000 Standard Deviation is £178,029 with Total Sold: 21
    • The Last 5 Year average price is £636,000 with Total Sold: 5
    • The most recent sale happened at this postcode is 42 PARK LANE: £785,000 (Sold on 16 Dec 2022)
    • The first recorded sale happened at this postcode is 58 PARK LANE: £118,000 (Sold on 11 Oct 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average PO16 7LB 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£780,000 £4,019 2
2021£625,000 £3,634 1
2020£475,000 £3,276 1
2019£520,000 £3,741 1
2016£490,125 £2,530 2
2014£431,250 £2,692 2
2011£249,995 £3,799 1
2010£427,500 £2,559 1
2007£360,000 £2,156 1
2006£225,000 £3,419 1
2005£297,500 £3,040 2
2002£280,000 £1,342 2
2001£257,500 £1,487 2
1999£174,6001
1996£118,000 £706 1

All the Sales in the PARK LANE, PO16 7LB

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

AddressSold DatePrice% Change
42 PARK LANEDetached, FreeholdArea: 231 Sq.mtrAge: 1950-196616 Dec 2022£785,000153.23%
12 Jul 2002£310,000First Sale
56 PARK LANEDetached, FreeholdArea: 167 Sq.mtrAge: 1950-196628 Jul 2022£775,000115.28%
10 Aug 2007£360,000First Sale
40 PARK LANEDetached, FreeholdArea: 172 Sq.mtrAge: 1950-196604 Mar 2021£625,000First Sale
46 PARK LANEDetached, FreeholdArea: 145 Sq.mtrAge: 1930-194903 Apr 2020£475,000First Sale
52 PARK LANEDetached, FreeholdArea: 139 Sq.mtrAge: 1950-196617 Jan 2019£520,00022.35%
14 Feb 2014£425,00014.86%
25 Jul 2005£370,00051.02%
26 Nov 2001£245,000First Sale
44 PARK LANEDetached, FreeholdArea: 188 Sq.mtrAge: 1967-197530 Nov 2016£495,00013.14%
20 Nov 2014£437,500First Sale
48 PARK LANEDetached, FreeholdArea: 200 Sq.mtrAge: 1930-194906 Oct 2016£485,250First Sale
62 PARK LANEDetached, FreeholdArea: 65.808 Sq.mtrAge: 1950-196615 Jul 2011£249,99511.11%
13 Apr 2006£225,0000.0
24 Jun 2005£225,000First Sale
58 PARK LANEDetached, FreeholdArea: 167.07 Sq.mtrAge: 1950-196616 Apr 2010£427,500262.29%
11 Oct 1996£118,000First Sale
64 PARK LANEDetached, Freehold10 Jan 2002£250,000First Sale
66 PARK LANEDetached, FreeholdArea: 223 Sq.mtrAge: 1967-197525 Jan 2001£270,000First Sale
54 PARK LANEDetached, Freehold17 Sep 1999£174,600First Sale

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

PARK LANE, PO16 7LB Near By properties

Interactive Map

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

  • Flat
    • The average price is around £140,163 median price is £137,750 Standard Deviation is £34,009 with Total Sold: 370
    • The Last 5 Year average price is £157,710 with Total Sold: 91
    • 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 £302,625 median price is £285,000 Standard Deviation is £168,791 with Total Sold: 870
    • The Last 5 Year average price is £508,436 with Total Sold: 133
    • 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 £212,223 median price is £205,000 Standard Deviation is £106,374 with Total Sold: 492
    • The Last 5 Year average price is £350,843 with Total Sold: 89
    • 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 , 34 ST THOMAS CLOSE: £69,495 (Sold on 27 Jan 1995)
  • Terraced
    • The average price is around £168,090 median price is £162,000 Standard Deviation is £83,393 with Total Sold: 271
    • The Last 5 Year average price is £285,025 with Total Sold: 38
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£170,835 £3,787 10
2023£156,342 £2,962 19
2022£161,903 £3,052 18
2021£155,591 £2,913 17
2020£142,950 £2,836 10
2019£157,882 £2,753 17
2018£160,500 £2,724 31
2017£167,841 £3,055 16
2016£130,937 £2,808 56
2015£137,193 £2,661 36
2014£136,829 £2,368 12
2013£144,000 £2,272 7
2012£134,499 £2,473 4
2011£125,444 £2,446 9
2010£134,994 £2,086 8
2009£113,850 £1,963 7
2008£134,605 £1,903 9
2007£149,750 £2,228 4
2006£131,090 £2,259 5
2005£150,339 £2,975 38
2004£156,833 £2,534 6
2003£120,862 £1,960 4
2002£91,000 £1,022 4
2001£101,000 £1,555 2
2000£68,350 £1,171 5
1999£57,000 £950 1
1998£63,250 £1,009 4
1997£56,916 £877 6
1996£45,488 £560 4
1995£38,000 £281 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£617,8577
2023£573,235 £4,174 17
2022£592,386 £4,354 22
2021£521,290 £3,794 25
2020£456,833 £3,422 30
2019£430,694 £3,478 32
2018£435,017 £3,298 27
2017£428,789 £3,461 27
2016£416,196 £3,205 37
2015£446,517 £3,082 29
2014£344,364 £2,595 36
2013£311,630 £2,398 25
2012£307,777 £2,539 24
2011£355,221 £2,675 21
2010£338,050 £2,697 20
2009£334,782 £2,246 17
2008£338,698 £2,092 13
2007£320,713 £2,363 23
2006£303,198 £2,344 22
2005£294,803 £2,253 35
2004£358,464 £2,051 32
2003£262,761 £1,959 21
2002£243,840 £1,875 35
2001£208,816 £1,552 35
2000£167,672 £1,242 29
1999£152,148 £1,075 36
1998£147,015 £1,000 37
1997£137,089 £1,023 60
1996£113,263 £919 60
1995£114,015 £914 36
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£380,0002
2023£373,081 £3,666 16
2022£417,455 £3,945 11
2021£342,688 £3,732 21
2020£371,329 £3,409 15
2019£297,389 £3,240 24
2018£303,961 £3,182 14
2017£331,517 £3,255 15
2016£297,343 £3,104 18
2015£253,744 £2,720 16
2014£257,997 £2,797 17
2013£227,650 £2,395 16
2012£235,390 £1,921 5
2011£217,632 £2,671 11
2010£214,809 £2,330 16
2009£193,050 £2,277 13
2008£226,250 £2,435 8
2007£208,260 £2,297 15
2006£203,972 £2,198 27
2005£191,162 £2,015 21
2004£206,272 £2,073 18
2003£194,257 £1,807 21
2002£151,938 £1,681 22
2001£118,888 £1,341 17
2000£112,999 £1,164 13
1999£98,549 £995 18
1998£86,571 £925 21
1997£75,756 £736 16
1996£69,409 £766 28
1995£69,102 £744 17
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£370,000 £3,461 2
2023£310,786 £3,989 7
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£224,767 £2,488 18
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£143,944 £2,046 9
2003£149,829 £1,910 12
2002£113,694 £2,105 10
2001£106,025 £1,625 16
2000£91,544 £1,212 8
1999£69,812 £1,103 12
1998£77,409 £1,034 11
1997£66,933 £920 15
1996£52,250 £718 7
1995£61,139 £927 15
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£2,081,1262
2022£290,0001
2021£144,500 £2,621 2
2019£315,000 £1,498 4
2016£110,833 £2,554 3
2014£650,0001

House Type in PO16 7LB area

The most common house types in the PO16 7LB postcode area are Detached (102), Semi-detached (3), and Flat (1).

Total106
Detached102
Semi-detached3
Flat1
Terraced0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (68), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright68
Owned: Owns with a mortgage or loan40
Shared ownership: Shared ownership1
Private rented: Private landlord or letting agency1
Does not apply0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the PO16 7LB have 2 people in household (55), and 1 person in household (18).

2 people in household55
1 person in household18
3 people in household16
4 people in household15
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0