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House Prices in PO14 House Prices in PO14 (Fareham)

The average house price in PO14 (Fareham) is £417,482 using HM Land Registry data.

The average property price increased by £80,288 (22.1%) over the last 5 years and increased by £16,087 (3.42%) over the last 12 months.

Over the last year, there were 353 residential property sales – a decrease of 91 transactions (-25.78%) relative to the previous year. The majority of house sales (103) were in the £304,000 - £388,000 range. Then came properties in the £220,000 - £304,000 range, where 82 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 107 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,943 (-2%).

In Dec 24, there were 40 new estate agency instructions, 22 agreed home sales and 20 property price reductions.

Nearby Postcodes: PO12, PO13, PO15, PO16, PO17, PO6, SO19, SO30, SO31

5-Year Average Property Prices in PO14 (Fareham)

22.1%

Property prices in Fareham increased by 22.1% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in PO14 (Fareham) Over the Last Year

3.42%

Property prices in Fareham increased by 3.42% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for PO14 (Fareham) - Dec 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in PO14 (Fareham)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in PO14 (Fareham)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in PO14 (Fareham)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the PO14 (Fareham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PO14 postcode area since 1995.

Recent Sales in PO14 (Fareham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
127 Stubbington Lane, Stubbington, Fareham, Hampshire, PO14 2PB£585,000£570,000-£15,00009 Jul 202426 Nov 2024140 Days
34 Wild Ridings, Fareham, Hampshire, PO14 3BU£325,000£325,000£0025 Jul 202415 Nov 2024113 Days
88 Queens Crescent, Stubbington, Fareham, Hampshire, PO14 2QQ£287,500£279,000-£8,50012 Jul 202412 Nov 2024123 Days
20 Templemere, Fareham, Hampshire, PO14 3AP£375,000£375,000£0019 Jun 202401 Nov 2024135 Days
14 Kelsey Close, Fareham, Hampshire, PO14 4NW£400,000£400,000£0022 May 202401 Nov 2024163 Days
29 Vixen Close, Fareham, Hampshire, PO14 3ST£300,000£292,000-£8,00024 Jun 202401 Nov 2024130 Days
33 Holmefield Avenue, Fareham, Hampshire, PO14 1EF£325,000£323,000-£2,00011 May 202430 Oct 2024172 Days
160 Stubbington Lane, Stubbington, Fareham, Hampshire, PO14 2NQ£550,000£520,000-£30,00002 Aug 202429 Oct 202488 Days
8 Leviathan Close, Fareham, Hampshire, PO14 2SF£330,000£327,500-£2,50030 Jul 202428 Oct 202490 Days
14 Fernie Close, Hill Head, Fareham, Hampshire, PO14 3SQ£329,995£326,500-£3,49505 Jul 202425 Oct 2024112 Days
56 Paxton Road, Fareham, Hampshire, PO14 1AD£285,000£275,000-£10,00028 Jun 202425 Oct 2024119 Days
35 Fair Isle Close, Fareham, Hampshire, PO14 3RT£339,995£334,000-£5,99504 Jul 202425 Oct 2024113 Days
15 Fay Close, Fareham, Hampshire, PO14 2RS£469,950£455,000-£14,95019 Apr 202418 Oct 2024182 Days
6 Lambourn Close, Fareham, Hampshire, PO14 1SL£350,000£328,000-£22,00029 Feb 202418 Oct 2024232 Days
53 Pound Gate Drive, Fareham, Hampshire, PO14 4AT£550,000£535,000-£15,00028 Mar 202421 Aug 2024146 Days
7 Tonnant Close, Stubbington, Fareham, Hampshire, PO14 2SJ£400,000£400,000£0027 Mar 202416 Aug 2024142 Days
106 Longfield Avenue, Fareham, Hampshire, PO14 1JT£259,950£258,000-£1,95028 Feb 202409 Aug 2024163 Days
40 Old Farm Lane, Stubbington, Fareham, Hampshire, PO14 2BY£400,000£380,000-£20,00026 Feb 202407 Aug 2024163 Days
7 Croftlands Avenue, Fareham, Hampshire, PO14 2JR£535,000£535,000£0004 May 202405 Aug 202493 Days
62 Redlands Lane, Fareham, Hampshire, PO14 1HD£350,000£345,000-£5,00021 Feb 202425 Jul 2024155 Days

Most Expensive Streets in PO14 (Fareham)

PostcodeStreetAreaAverageNo. of Sales
PO14 3JSCliff RoadFareham£1,417,9166
PO14 3JTCliff RoadFareham£1,179,3754
PO14 3JHHill Head RoadFareham£943,3333
PO14 3LUMonks WayFareham£940,0006
PO14 4FDBarn CloseFareham£923,3333
PO14 3HUOld StreetFareham£867,8533
PO14 3JYKnights Bank RoadFareham£865,3333
PO14 1NNVeryanFareham£796,6503
PO14 3EPTitchfield Road, StubbingtonFareham£780,0004
PO14 3LBSolent RoadFareham£756,6663

Least Expensive Streets in PO14 (Fareham)

PostcodeStreetAreaAverageNo. of Sales
PO14 1QSSt Quentin House, Bishopsfield RoadFareham£83,5003
PO14 1LNMitre Court, Bishopsfield RoadFareham£89,68111
PO14 4JFHewett House, Hewett CloseFareham£105,8333
PO14 2AXGrosvenor Court, Gosport RoadFareham£133,22913
PO14 1LASicily House, Fairfield AvenueFareham£135,6663
PO14 3TDHamble Court, Shannon RoadFareham£142,50010
PO14 1GZBroadacre PlaceFareham£153,1258
PO14 1AQCraigbank CourtFareham£155,2857
PO14 1QTRamillies House, Bishopsfield RoadFareham£158,6254
PO14 3DACowes Court, FrogmoreFareham£159,4005

Explore PO14 (Fareham) using map

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