Housing Market Analysis for REDWOOD DRIVE, PO16 8TG

Are you looking to understand PO16 8TG 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 8TG area, explore the PO16 8TG Area information page.
For comprehensive crime statistics in the PO16 8TG area, explore the PO16 8TG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PO16 8TG postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £156,033 median price is £152,500 Standard Deviation is £83,152 with Total Sold: 15
- The Last 5 Year average price is £268,333 with Total Sold: 3
- The most recent sale happened at this postcode is 20 REDWOOD DRIVE: £335,000 (Sold on 24 Nov 2023)
- The first recorded sale happened at this postcode is 17 REDWOOD DRIVE: £51,000 (Sold on 23 Jan 1996)
Flat
- The average price is around £118,663 median price is £123,000 Standard Deviation is £37,572 with Total Sold: 15
- The Last 5 Year average price is £196,500 with Total Sold: 1
- The most recent sale happened at this postcode is 27 REDWOOD DRIVE: £196,500 (Sold on 29 Oct 2021)
- The first recorded sale happened at this postcode is 32 REDWOOD DRIVE: £44,000 (Sold on 11 Sep 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average PO16 8TG 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	£335,000	£3,317	1
2022	£260,000	£4,643	1
2020	£210,000	£3,818	1
2017	£282,500	£3,754	1
2013	£160,000	£2,909	1
2011	£191,000	£2,538	1
2010	£152,500	£2,773	1
2005	£157,000		1
2002	£125,000		1
2001	£115,000		1
2000	£82,832	£1,043	3
1996	£52,000	£762	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£196,500	£4,010	1
2017	£154,000	£3,143	1
2016	£149,750	£2,943	2
2013	£126,000	£2,484	3
2009	£118,000		1
2007	£123,500	£2,415	2
2004	£109,950		1
2003	£98,000	£1,815	1
2001	£75,000		1
2000	£60,000		1
1998	£44,000	£815	1

All the Sales in the REDWOOD DRIVE, PO16 8TG

See the table below for more details on the sold house prices in the PO16 8TG, Fareham postcode.

Address	Sold Date	Price	% Change
20 REDWOOD DRIVESemi-Detached, FreeholdArea: 101 Sq.mtrAge: 1983-1990	24 Nov 2023	£335,000	First Sale
22 REDWOOD DRIVESemi-Detached, FreeholdArea: 56 Sq.mtrAge: 1983-1990	10 Feb 2022	£260,000	First Sale
27 REDWOOD DRIVEFlat, LeaseholdArea: 49 Sq.mtrAge: 1983-1990	29 Oct 2021	£196,500	27.60%
	19 May 2017	£154,000	18.46%
	29 Nov 2013	£130,000	First Sale
18 REDWOOD DRIVESemi-Detached, FreeholdArea: 55 Sq.mtrAge: 1983-1990	14 Dec 2020	£210,000	296.23%
	20 Dec 1996	£53,000	First Sale
9 REDWOOD DRIVESemi-Detached, FreeholdArea: 75.26 Sq.mtrAge: 1991-1995	24 Nov 2017	£282,500	47.91%
	01 Apr 2011	£191,000	95.90%
	20 Sep 2000	£97,500	First Sale
26 REDWOOD DRIVEFlat, LeaseholdArea: 49 Sq.mtrAge: 1983-1990	08 Jul 2016	£152,000	12.59%
	03 Aug 2007	£135,000	First Sale
31 REDWOOD DRIVEFlat, LeaseholdArea: 53 Sq.mtrAge: 1976-1982	31 Mar 2016	£147,500	First Sale
32 REDWOOD DRIVEFlat, LeaseholdArea: 53.98 Sq.mtrAge: 1976-1982	06 Sep 2013	£125,000	11.61%
	26 Feb 2007	£112,000	14.29%
	06 Jun 2003	£98,000	122.73%
	11 Sep 1998	£44,000	First Sale
29 REDWOOD DRIVEFlat, Leasehold	19 Feb 2013	£123,000	4.24%
	26 Aug 2009	£118,000	7.32%
	15 Jan 2004	£109,950	46.60%
	30 Nov 2001	£75,000	25.00%
	19 Dec 2000	£60,000	First Sale
14 REDWOOD DRIVESemi-Detached, FreeholdArea: 55 Sq.mtrAge: 1983-1990	15 Feb 2013	£160,000	4.92%
	24 Mar 2010	£152,500	First Sale
11 REDWOOD DRIVESemi-Detached, Freehold	14 Oct 2005	£157,000	98.73%
11 REDWOOD DRIVESemi-Detached, Freehold	23 Jun 2000	£79,000	First Sale
15 REDWOOD DRIVESemi-Detached, Freehold	08 Nov 2002	£125,000	First Sale
10 REDWOOD DRIVESemi-Detached, Freehold	05 Dec 2001	£115,000	First Sale
17 REDWOOD DRIVESemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1983-1990	14 Jan 2000	£71,995	41.17%
	23 Jan 1996	£51,000	First Sale

Check out the sold house prices near the PO16 8TG postcode. Properties currently for saleProperties currently for rent

REDWOOD DRIVE, PO16 8TG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PO16 8TG 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 8TG postcode.

Semi-Detached
- The average price is around £192,149 median price is £187,000 Standard Deviation is £89,893 with Total Sold: 823
- The Last 5 Year average price is £321,546 with Total Sold: 137
- The most recent sale happened at this postcode is , 16 KILMISTON DRIVE: £307,500 (Sold on 05 Aug 2024)
- The first recorded sale happened at this postcode is , 70 THE CROSSWAY: £50,000 (Sold on 09 Jan 1995)
Terraced
- The average price is around £164,205 median price is £165,000 Standard Deviation is £80,578 with Total Sold: 544
- The Last 5 Year average price is £280,048 with Total Sold: 83
- The most recent sale happened at this postcode is , 4 HARTING GARDENS: £272,000 (Sold on 17 Jun 2024)
- The first recorded sale happened at this postcode is , 5 HARTING GARDENS: £54,000 (Sold on 04 Jan 1995)
Detached
- The average price is around £273,100 median price is £250,000 Standard Deviation is £172,141 with Total Sold: 271
- The Last 5 Year average price is £450,002 with Total Sold: 44
- The most recent sale happened at this postcode is , 21 HATHERLEY CRESCENT: £505,000 (Sold on 14 Jun 2024)
- The first recorded sale happened at this postcode is , 1 HATHERLEY CRESCENT: £60,000 (Sold on 27 Feb 1995)
Other
- The average price is around £1,410,116 median price is £457,475 Standard Deviation is £1,567,831 with Total Sold: 10
- The Last 5 Year average price is £1,053,270 with Total Sold: 8
- The most recent sale happened at this postcode is , 27 CORNAWAY LANE: £220,000 (Sold on 23 Feb 2024)
- The first recorded sale happened at this postcode is , 134 PORTCHESTER ROAD: £950,000 (Sold on 30 Sep 2015)
Flat
- The average price is around £143,332 median price is £145,000 Standard Deviation is £41,709 with Total Sold: 109
- The Last 5 Year average price is £179,071 with Total Sold: 21
- The most recent sale happened at this postcode is , 15B ROCKINGHAM WAY: £250,000 (Sold on 27 Oct 2023)
- The first recorded sale happened at this postcode is , 67 LINDEN LEA: £73,000 (Sold on 10 Oct 1997)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£328,007	£4,219	10
2023	£348,643	£4,059	21
2022	£348,104	£4,380	24
2021	£317,480	£3,923	25
2020	£305,110	£3,794	25
2019	£297,844	£3,630	32
2018	£283,750	£3,518	23
2017	£290,669	£3,253	21
2016	£260,636	£3,031	22
2015	£243,750	£2,821	32
2014	£221,689	£2,558	29
2013	£195,172	£2,403	29
2012	£204,459	£2,348	26
2011	£188,916	£2,283	18
2010	£191,437	£2,584	19
2009	£189,119	£2,431	21
2008	£228,146	£2,152	22
2007	£210,263	£2,330	34
2006	£203,122	£2,319	36
2005	£186,179	£2,279	32
2004	£172,615	£1,983	26
2003	£169,530	£2,035	31
2002	£144,857	£1,960	34
2001	£115,610	£1,462	34
2000	£101,281	£1,251	35
1999	£87,494	£1,010	41
1998	£75,311	£851	27
1997	£72,381	£882	30
1996	£64,799	£783	39
1995	£64,280	£819	25

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£291,750	£3,220	4
2023	£303,735	£3,752	17
2022	£316,208	£3,690	12
2021	£269,560	£3,167	33
2020	£245,188	£2,824	8
2019	£251,332	£2,811	9
2018	£254,785	£3,096	20
2017	£245,090	£3,028	11
2016	£247,714	£2,982	21
2015	£207,219	£2,320	18
2014	£194,234	£2,330	19
2013	£189,200	£1,926	10
2012	£170,411	£1,932	14
2011	£172,306	£2,425	9
2010	£182,535	£2,353	14
2009	£183,469	£1,918	21
2008	£184,100	£2,121	10
2007	£174,160	£2,066	25
2006	£172,550	£1,960	19
2005	£162,839	£2,070	19
2004	£161,111	£2,067	18
2003	£143,982	£1,738	29
2002	£123,150	£1,576	20
2001	£93,650	£1,178	22
2000	£89,961	£1,018	13
1999	£73,994	£840	17
1998	£68,672	£838	30
1997	£61,316	£691	28
1996	£56,728	£695	35
1995	£56,658	£692	19

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£341,667	£4,000	3
2023	£515,000	£4,670	8
2022	£542,500	£4,318	10
2021	£451,590	£3,683	11
2020	£400,000	£4,080	3
2019	£340,289	£3,842	9
2018	£362,612	£3,306	4
2017	£385,000	£3,896	5
2016	£361,455	£3,166	11
2015	£352,722	£3,244	9
2014	£278,824	£3,115	10
2013	£365,990	£2,312	5
2012	£285,750	£2,935	6
2011	£262,499	£2,948	7
2010	£291,045	£2,517	11
2009	£241,750	£2,349	4
2008	£522,095	£4,174	10
2007	£282,696	£2,587	14
2006	£255,230	£2,030	13
2005	£235,688	£2,259	8
2004	£231,287	£2,019	15
2003	£254,458	£1,883	13
2002	£182,494	£1,552	8
2001	£167,916	£1,160	6
2000	£153,100	£1,473	10
1999	£131,237	£1,242	9
1998	£136,062	£941	8
1997	£103,859	£1,059	11
1996	£93,676	£756	17
1995	£91,000	£772	13

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£220,000		1
2023	£525,000	£4,167	1
2021	£289,250	£2,800	2
2020	£2,237,569	£2,897	3
2019	£389,950	£2,727	1
2016	£4,724,999		1
2015	£950,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£184,250	£3,116	4
2022	£183,125	£3,499	4
2021	£178,187	£3,155	8
2020	£180,833	£2,708	3
2019	£161,500	£2,772	2
2018	£184,000	£3,465	3
2017	£155,800	£3,028	5
2016	£175,800	£2,690	5
2015	£122,330	£2,246	10
2014	£148,124	£2,373	4
2013	£129,600	£2,425	5
2012	£149,995	£2,083	1
2011	£143,833	£2,309	3
2010	£151,667	£2,199	3
2009	£137,672	£2,244	12
2008	£87,500		8
2007	£155,230	£2,673	20
2005	£53,746	£1,194	1
2004	£109,950		1
2003	£98,000	£1,815	1
2001	£99,000	£1,447	2
2000	£60,000		1
1998	£44,000	£815	1
1997	£66,000	£876	2

House Type in PO16 8TG area

The most common house types in the PO16 8TG postcode area are Semi-detached (56), Terraced (44), and Flat (9).

Total	112
Semi-detached	56
Terraced	44
Flat	9
Detached	2
Shared house	1
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 outright (48), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright	48
Owned: Owns with a mortgage or loan	40
Private rented: Private landlord or letting agency	11
Social rented: Rents from council or Local Authority	10
Social rented: Other social rented	4
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the PO16 8TG have 2 people in household (58), and 1 person in household (22).

2 people in household	58
1 person in household	22
3 people in household	16
4 people in household	10
5 people in household	3
6 people in household	3
7 people in household	1
0 people in household	0
8 or more people in household	0