Housing Market Analysis for PARK LANE, PO16 7LE

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £506,160 median price is £495,500 Standard Deviation is £195,966 with Total Sold: 14
    • The Last 5 Year average price is £779,417 with Total Sold: 3
    • The most recent sale happened at this postcode is 31 PARK LANE: £825,000 (Sold on 21 Aug 2023)
    • The first recorded sale happened at this postcode is 47 PARK LANE: £170,000 (Sold on 10 Aug 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average PO16 7LE 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
2023£825,000 £3,409 1
2021£728,250 £3,833 1
2019£785,000 £7,009 1
2018£715,000 £3,438 1
2016£525,000 £4,037 2
2014£455,500 £3,294 2
2011£415,000 £6,071 1
2010£380,000 £3,045 1
2005£542,000 £2,606 1
2004£375,0001
1999£179,9982

All the Sales in the PARK LANE, PO16 7LE

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

AddressSold DatePrice% Change
31 PARK LANEDetached, FreeholdArea: 242 Sq.mtrAge: 1967-197521 Aug 2023£825,000First Sale
49 PARK LANEDetached, FreeholdArea: 190 Sq.mtrAge: 1950-196603 Jun 2021£728,250First Sale
25 PARK LANEDetached, FreeholdArea: 112 Sq.mtrAge: 1950-196611 Jan 2019£785,00086.90%
14 Nov 2014£420,000First Sale
39 PARK LANEDetached, FreeholdArea: 208 Sq.mtrAge: 1967-197509 Feb 2018£715,00031.92%
26 Apr 2005£542,000First Sale
41 PARK LANEDetached, FreeholdArea: 119 Sq.mtrAge: 1950-196604 Nov 2016£500,000First Sale
45 PARK LANEDetached, FreeholdArea: 142 Sq.mtrAge: 1950-196610 Aug 2016£550,000First Sale
55 PARK LANEDetached, FreeholdArea: 173 Sq.mtrAge: 1950-196605 Dec 2014£491,000First Sale
51 PARK LANEDetached, FreeholdArea: 68.36 Sq.mtrAge: 1950-196614 Jan 2011£415,000First Sale
43 PARK LANEDetached, FreeholdArea: 124.8 Sq.mtrAge: 1950-196620 Dec 2010£380,000First Sale
27 PARK LANEDetached, Freehold14 Sep 2004£375,000First Sale
37 PARK LANEDetached, Freehold13 Oct 1999£189,995First Sale
47 PARK LANEDetached, Freehold10 Aug 1999£170,000First Sale

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

PARK LANE, PO16 7LE Near By properties

Interactive Map

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

  • Flat
    • The average price is around £143,388 median price is £140,000 Standard Deviation is £30,181 with Total Sold: 304
    • The Last 5 Year average price is £155,225 with Total Sold: 83
    • 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 £305,249 median price is £288,000 Standard Deviation is £169,398 with Total Sold: 899
    • The Last 5 Year average price is £503,091 with Total Sold: 148
    • 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 £219,366 median price is £215,000 Standard Deviation is £106,989 with Total Sold: 473
    • The Last 5 Year average price is £354,527 with Total Sold: 94
    • 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 , 72 OLD TURNPIKE: £66,000 (Sold on 28 Mar 1995)
  • Terraced
    • The average price is around £183,810 median price is £179,000 Standard Deviation is £82,802 with Total Sold: 165
    • The Last 5 Year average price is £283,757 with Total Sold: 29
    • 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 , 17 OLD TURNPIKE: £59,000 (Sold on 14 Jul 1995)
  • Other
    • The average price is around £519,289 median price is £173,000 Standard Deviation is £1,028,889 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 CAR PARKING SPACE 7, 118 WICKHAM ROAD: £2,500 (Sold on 02 Sep 2016)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£161,294 £4,188 8
2023£156,972 £3,004 18
2022£156,375 £3,247 14
2021£154,066 £2,925 16
2020£142,950 £2,836 10
2019£157,882 £2,753 17
2018£158,810 £2,715 29
2017£166,265 £3,142 13
2016£129,259 £2,956 52
2015£134,415 £2,814 30
2014£138,945 £2,494 10
2013£145,667 £2,322 6
2012£121,500 £2,687 2
2011£124,500 £2,449 8
2010£136,658 £2,187 6
2009£117,738 £2,226 4
2008£135,833 £1,541 3
2007£149,750 £2,228 4
2006£140,725 £2,551 2
2005£150,339 £2,975 38
2004£170,750 £2,650 4
2003£125,000 £2,049 1
2002£85,667 £1,022 3
2000£66,583 £1,218 3
1996£44,250 £293 2
1995£38,000 £281 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£611,8758
2023£566,750 £4,184 20
2022£577,630 £4,334 23
2021£510,681 £3,771 29
2020£454,567 £3,445 30
2019£434,084 £3,429 38
2018£433,682 £3,276 30
2017£435,183 £3,469 29
2016£411,856 £3,201 40
2015£447,256 £3,054 30
2014£342,350 £2,616 36
2013£309,856 £2,396 26
2012£309,178 £2,487 25
2011£348,441 £2,667 23
2010£339,550 £2,620 20
2009£329,606 £2,237 17
2008£345,450 £2,191 11
2007£310,793 £2,352 27
2006£302,874 £2,332 21
2005£298,538 £2,235 30
2004£354,389 £2,043 33
2003£267,250 £2,121 22
2002£244,955 £1,939 36
2001£212,960 £1,467 34
2000£167,672 £1,242 29
1999£148,577 £1,058 36
1998£144,111 £1,034 36
1997£134,810 £1,015 60
1996£112,380 £918 64
1995£113,846 £912 36
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£380,0002
2023£384,615 £3,661 20
2022£418,727 £3,807 11
2021£343,019 £3,724 24
2020£367,184 £3,426 16
2019£293,325 £3,177 21
2018£306,033 £3,093 15
2017£336,083 £3,214 12
2016£295,178 £3,049 15
2015£253,182 £2,727 19
2014£255,876 £2,744 17
2013£226,788 £2,269 17
2012£237,578 £2,172 9
2011£223,658 £2,655 12
2010£222,263 £2,332 15
2009£194,166 £2,132 10
2008£222,875 £2,435 8
2007£217,818 £2,138 17
2006£202,730 £2,178 27
2005£191,445 £1,977 20
2004£200,930 £2,022 15
2003£194,179 £1,807 19
2002£149,532 £1,676 20
2001£123,473 £1,421 15
2000£115,249 £1,098 10
1999£97,993 £949 15
1998£84,444 £883 18
1997£74,532 £747 15
1996£68,979 £716 27
1995£67,729 £730 12
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£370,000 £3,461 2
2023£304,400 £3,748 5
2022£341,650 £3,558 3
2021£273,833 £3,429 9
2020£226,250 £3,250 6
2019£280,000 £3,483 4
2018£267,875 £3,204 4
2017£265,000 £3,486 6
2016£247,000 £3,407 5
2015£235,000 £2,981 3
2014£200,833 £2,370 6
2013£228,020 £2,438 15
2012£190,483 £2,361 6
2011£141,000 £2,398 2
2010£192,833 £1,968 3
2009£183,150 £947 1
2008£158,3754
2007£204,900 £2,121 5
2006£146,600 £2,083 9
2005£207,154 £2,289 10
2004£135,167 £1,997 6
2003£150,939 £1,702 9
2002£109,324 £2,153 6
2001£105,050 £1,432 9
2000£92,238 £1,137 4
1999£67,199 £1,113 5
1998£71,500 £861 4
1997£70,750 £811 6
1996£49,750 £619 5
1995£67,467 £653 3
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£187,375 £2,554 4

House Type in PO16 7LE area

The most common house types in the PO16 7LE postcode area are Detached (104), Semi-detached (16), and Terraced (2).

Total122
Detached104
Semi-detached16
Terraced2
Flat0
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 (82), and Owned: Owns with a mortgage or loan (34).

Owned: Owns outright82
Owned: Owns with a mortgage or loan34
Private rented: Private landlord or letting agency4
Social rented: Rents from council or Local Authority1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the PO16 7LE have 2 people in household (57), and 1 person in household (24).

2 people in household57
1 person in household24
3 people in household20
4 people in household14
5 people in household5
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0