Housing Market Analysis for SOVEREIGN LANE, PO7 5RH

Are you looking to understand PO7 5RH 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 Havant postcode.

For the location information and nearby amenities in the PO7 5RH area, explore the PO7 5RH Area information page.
For comprehensive crime statistics in the PO7 5RH area, explore the PO7 5RH Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PO7 5RH postcode area, The average prices are as follows,

  • Detached
    • The average price is around £254,579 median price is £292,475 Standard Deviation is £113,143 with Total Sold: 12
    • The Last 5 Year average price is £348,000 with Total Sold: 5
    • The most recent sale happened at this postcode is 20 SOVEREIGN LANE: £390,000 (Sold on 09 Oct 2023)
    • The first recorded sale happened at this postcode is 8 SOVEREIGN LANE: £77,500 (Sold on 29 Jun 1995)
  • Semi-Detached
    • The average price is around £145,166 median price is £141,498 Standard Deviation is £60,454 with Total Sold: 6
    • The most recent sale happened at this postcode is 16 SOVEREIGN LANE: £240,000 (Sold on 19 Jan 2016)
    • The first recorded sale happened at this postcode is 18 SOVEREIGN LANE: £77,500 (Sold on 28 Feb 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average PO7 5RH 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£390,000 £5,468 2
2022£375,000 £5,357 1
2020£292,500 £4,091 2
2017£299,950 £3,999 1
2016£283,750 £3,282 2
2003£210,000 £2,904 1
1997£81,995 £1,123 1
1995£77,750 £1,109 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£240,000 £3,077 1
2004£199,000 £2,398 1
2002£140,000 £1,687 1
2001£142,995 £1,833 1
1997£71,500 £917 1
1995£77,5001

All the Sales in the SOVEREIGN LANE, PO7 5RH

See the table below for more details on the sold house prices in the PO7 5RH, Havant postcode.

AddressSold DatePrice% Change
20 SOVEREIGN LANEDetached, FreeholdArea: 75 Sq.mtrAge: 1950-196609 Oct 2023£390,00030.02%
16 Jun 2017£299,950First Sale
6 SOVEREIGN LANEDetached, FreeholdArea: 68 Sq.mtrAge: 1950-196604 Aug 2023£390,000400.00%
01 Dec 1995£78,000First Sale
10 SOVEREIGN LANEDetached, FreeholdArea: 70 Sq.mtrAge: 1950-196612 Jul 2022£375,00031.58%
28 Oct 2020£285,000First Sale
5 SOVEREIGN LANEDetached, FreeholdArea: 73 Sq.mtrAge: 1967-197509 Oct 2020£300,000265.88%
04 Apr 1997£81,995First Sale
2 SOVEREIGN LANEDetached, FreeholdArea: 78 Sq.mtrAge: 1950-196620 Jul 2016£257,500First Sale
3 SOVEREIGN LANEDetached, FreeholdArea: 95 Sq.mtrAge: 1950-196612 Feb 2016£310,000First Sale
16 SOVEREIGN LANESemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1950-196619 Jan 2016£240,00067.84%
05 Dec 2001£142,99599.99%
17 Oct 1997£71,500First Sale
14 SOVEREIGN LANESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1967-197530 Jul 2004£199,00042.14%
25 Jan 2002£140,000First Sale
8 SOVEREIGN LANEDetached, FreeholdArea: 72.31 Sq.mtrAge: 1950-196607 Nov 2003£210,000170.97%
29 Jun 1995£77,500First Sale
18 SOVEREIGN LANESemi-Detached, Freehold28 Feb 1995£77,500First Sale

Check out the sold house prices near the PO7 5RH postcode. Properties currently for saleProperties currently for rent

SOVEREIGN LANE, PO7 5RH Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PO7 5RH 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 PO7 5RH postcode.

  • Detached
    • The average price is around £256,279 median price is £245,000 Standard Deviation is £126,792 with Total Sold: 649
    • The Last 5 Year average price is £412,073 with Total Sold: 102
    • The most recent sale happened at this postcode is , 1 KHANDALA GARDENS: £645,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 12 TIMBERLANE: £75,000 (Sold on 03 Mar 1995)
  • Semi-Detached
    • The average price is around £188,132 median price is £185,000 Standard Deviation is £94,520 with Total Sold: 635
    • The Last 5 Year average price is £319,247 with Total Sold: 93
    • The most recent sale happened at this postcode is , 21 THE THICKET: £443,000 (Sold on 04 Jul 2024)
    • The first recorded sale happened at this postcode is , 39 DOWNS CLOSE: £39,950 (Sold on 27 Jan 1995)
  • Terraced
    • The average price is around £147,427 median price is £145,000 Standard Deviation is £71,951 with Total Sold: 757
    • The Last 5 Year average price is £253,021 with Total Sold: 100
    • The most recent sale happened at this postcode is , 1 ATHENA AVENUE: £285,000 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is , 50 KENNEDY CLOSE: £54,500 (Sold on 03 Mar 1995)
  • Flat
    • The average price is around £94,503 median price is £98,500 Standard Deviation is £44,752 with Total Sold: 465
    • The Last 5 Year average price is £152,010 with Total Sold: 63
    • The most recent sale happened at this postcode is , 6A PURBROOK CHASE PRECINCT: £180,000 (Sold on 10 Nov 2023)
    • The first recorded sale happened at this postcode is , 44 DOWNS CLOSE: £45,249 (Sold on 10 Jan 1995)
  • Other
    • The average price is around £316,580 median price is £211,000 Standard Deviation is £298,966 with Total Sold: 5
    • The Last 5 Year average price is £454,633 with Total Sold: 3
    • The most recent sale happened at this postcode is , 7A PURBROOK CHASE PRECINCT: £671,950 (Sold on 28 May 2021)
    • The first recorded sale happened at this postcode is , 33 APOLLO DRIVE: £211,000 (Sold on 24 Oct 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£505,0002
2023£447,821 £4,613 14
2022£485,536 £4,498 14
2021£439,737 £4,149 23
2020£366,411 £3,724 28
2019£361,000 £3,509 21
2018£358,604 £3,592 31
2017£346,229 £3,647 27
2016£320,277 £3,283 27
2015£321,367 £2,830 20
2014£333,787 £2,696 42
2013£288,624 £2,829 21
2012£282,687 £2,340 16
2011£246,429 £2,459 14
2010£250,532 £2,646 22
2009£226,607 £2,175 14
2008£242,857 £2,411 7
2007£268,894 £2,709 19
2006£246,583 £2,148 18
2005£272,368 £2,220 19
2004£248,416 £2,127 12
2003£216,950 £2,208 16
2002£200,604 £1,708 34
2001£174,197 £1,418 17
2000£150,191 £1,372 18
1999£128,597 £1,175 30
1998£116,617 £949 17
1997£103,694 £1,014 28
1996£100,251 £842 45
1995£103,077 £857 33
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£393,0002
2023£326,714 £4,128 14
2022£359,964 £4,759 14
2021£320,634 £3,843 26
2020£311,971 £3,333 17
2019£282,525 £3,477 20
2018£254,371 £3,376 28
2017£284,807 £3,335 26
2016£263,737 £3,191 19
2015£244,010 £2,711 19
2014£240,259 £2,676 23
2013£226,824 £2,349 18
2012£194,941 £2,324 17
2011£192,639 £2,385 18
2010£215,270 £2,445 20
2009£178,312 £2,349 8
2008£201,000 £2,781 8
2007£199,871 £2,650 19
2006£195,852 £2,266 24
2005£194,136 £2,022 18
2004£178,212 £2,027 32
2003£160,473 £1,843 29
2002£136,111 £1,739 31
2001£122,001 £1,266 23
2000£106,535 £1,034 25
1999£76,986 £923 26
1998£81,669 £1,020 33
1997£71,861 £905 33
1996£63,966 £667 23
1995£58,723 £736 22
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£287,611 £3,056 9
2023£278,900 £3,232 15
2022£260,594 £3,067 18
2021£254,319 £2,801 28
2020£226,000 £2,503 19
2019£220,409 £2,589 11
2018£232,683 £2,970 23
2017£227,810 £2,587 27
2016£209,378 £2,458 27
2015£181,574 £2,099 28
2014£184,713 £2,110 35
2013£183,183 £2,127 30
2012£151,947 £1,641 15
2011£149,150 £1,928 20
2010£148,069 £1,704 20
2009£141,357 £1,555 14
2008£159,821 £1,795 14
2007£169,047 £1,865 25
2006£147,707 £1,817 36
2005£146,863 £1,732 26
2004£137,340 £1,541 30
2003£127,323 £1,571 30
2002£99,830 £1,115 44
2001£84,319 £942 30
2000£78,121 £841 35
1999£67,799 £835 41
1998£58,683 £717 32
1997£55,515 £648 36
1996£51,929 £587 27
1995£53,600 £727 12
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£181,167 £2,611 6
2022£170,281 £2,940 8
2021£145,900 £2,393 21
2020£147,607 £2,484 14
2019£142,643 £2,317 14
2018£138,929 £2,687 15
2017£141,068 £2,391 22
2016£133,857 £2,085 14
2015£118,125 £2,171 16
2014£121,181 £2,313 11
2013£115,036 £1,950 14
2012£103,250 £1,867 10
2011£102,278 £1,885 9
2010£110,799 £1,748 5
2009£94,850 £1,592 5
2008£113,967 £2,384 6
2007£119,327 £1,912 22
2006£107,328 £2,096 16
2005£108,973 £1,887 19
2004£99,478 £1,693 23
2003£71,839 £1,322 29
2002£61,242 £1,053 22
2001£52,386 £858 36
2000£56,377 £962 22
1999£47,180 £962 15
1998£44,764 £798 17
1997£40,211 £716 19
1996£35,917 £637 18
1995£39,435 £639 17
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£671,950 £7,361 2
2019£20,000 £345 1
2017£7,9991
2016£211,000 £2,309 1

House Type in PO7 5RH area

The most common house types in the PO7 5RH postcode area are Semi-detached (40), Terraced (39), and Detached (32).

Total121
Semi-detached40
Terraced39
Detached32
commercial building8
Flat1
converted building1
Shared house0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (57), and Owned: Owns with a mortgage or loan (52).

Owned: Owns outright57
Owned: Owns with a mortgage or loan52
Private rented: Private landlord or letting agency5
Private rented: Other private rented5
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the PO7 5RH have 2 people in household (44), and 3 people in household (27).

2 people in household44
3 people in household27
1 person in household23
4 people in household19
5 people in household5
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0