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House Prices in PO15 House Prices in PO15 (Fareham)

The average house price in PO15 (Fareham) is £364,707 using HM Land Registry data.

The average property price increased by £83,226 (23.46%) over the last 5 years and increased by £16,675 (3.6%) over the last 12 months.

Over the last year, there were 243 residential property sales – a decrease of 115 transactions (-47.33%) relative to the previous year. The majority of house sales (73) were in the £292,000 - £364,000 range. Then came properties in the £364,000 - £436,000 range, where 53 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,652 (-2%).

In Oct 24, there were new estate agency instructions, agreed home sales and property price reductions.

Nearby Postcodes: PO13, PO14, PO16, PO17, PO6, PO7, SO18, SO19, SO30, SO31, SO32, SO50, SO97

5-Year Average Property Prices in PO15 (Fareham)

23.46%

Property prices in Fareham increased by 23.46% 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 PO15 (Fareham) Over the Last Year

3.6%

Property prices in Fareham increased by 3.6% 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 PO15 (Fareham) - Oct 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 PO15 (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 PO15 (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 PO15 (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 PO15 (Fareham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PO15 postcode area since 1995.

Recent Sales in PO15 (Fareham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
11 Tewkesbury Avenue, Fareham, Hampshire, PO15 6LL£400,000£400,000£0010 Jan 202409 Aug 2024212 Days
Flat 43, Buckingham Court, Highlands Road, Fareham, Hampshire, PO15 6HL£130,000£120,000-£10,00029 Nov 202331 Jul 2024245 Days
18 Buchan Avenue, Whiteley, Fareham, Hampshire, PO15 7EU£350,000£345,000-£5,00020 Nov 202329 Jul 2024252 Days
161 Blackbrook Road, Fareham, Hampshire, PO15 5BU£350,000£345,000-£5,00009 Jan 202419 Jul 2024192 Days
113 Segensworth Road, Titchfield, Fareham, Hampshire, PO15 5EB£425,000£417,000-£8,00009 Feb 202419 Jul 2024161 Days
8 Mount Drive, Fareham, Hampshire, PO15 5NU£575,000£550,000-£25,00009 Feb 202418 Jul 2024160 Days
41 Clydesdale Road, Whiteley, Fareham, Hampshire, PO15 7BD£290,000£288,000-£2,00020 Dec 202317 Jul 2024210 Days
32 Buchan Avenue, Whiteley, Fareham, Hampshire, PO15 7EU£550,000£525,000-£25,00024 Jan 202412 Jul 2024170 Days
31 Park Cottage Drive, Fareham, Hampshire, PO15 5JD£415,000£415,000£0028 Feb 202412 Jul 2024135 Days
35 Hillson Drive, Fareham, Hampshire, PO15 6NA£345,000£335,000-£10,00024 Apr 202404 Jul 202471 Days
19 Argyle Crescent, Fareham, Hampshire, PO15 6AG£450,000£435,000-£15,00002 Oct 202303 Jul 2024275 Days
72 Abbeyfield Drive, Catisfield, Fareham, Hampshire, PO15 5PF£425,000£425,000£0031 Jan 202401 Jul 2024152 Days
45 Frosthole Crescent, Fareham, Hampshire, PO15 6AQ£350,000£350,000£0021 Nov 202328 Jun 2024220 Days
3 Argyle Crescent, Fareham, Hampshire, PO15 6AG£500,000£490,000-£10,00016 Jan 202428 Jun 2024164 Days
73 Beaumont Rise, Fareham, Hampshire, PO15 6HX£325,000£310,000-£15,00026 Jan 202428 Jun 2024154 Days
8 Waterclose Way, Whiteley, Fareham, Hampshire, PO15 7QS£325,000£323,000-£2,00030 Jan 202427 Jun 2024149 Days
56 Andalusian Gardens, Whiteley, Fareham, Hampshire, PO15 7DU£650,000£635,000-£15,00002 Apr 202419 Jun 202478 Days
8 Braemar Close, Fareham, Hampshire, PO15 6AE£375,000£375,000£0024 Oct 202318 Jun 2024238 Days
11 Cherrygarth Road, Fareham, Hampshire, PO15 5NA£560,000£555,000-£5,00012 Feb 202417 Jun 2024126 Days
16 Shenley Close, Fareham, Hampshire, PO15 5PL£375,000£365,000-£10,00002 Apr 202414 Jun 202473 Days

Most Expensive Streets in PO15 (Fareham)

PostcodeStreetAreaAverageNo. of Sales
PO15 6TJSkylark Meadows, WhiteleyFareham£1,320,0006
PO15 6RPLee GroundFareham£874,1663
PO15 7JRJohnson View, WhiteleyFareham£760,0004
PO15 7FZCarroll Close, WhiteleyFareham£733,0005
PO15 5JHBrookmeadowFareham£703,3333
PO15 7HLLeafy Lane, WhiteleyFareham£700,6077
PO15 7JDBleriot Crescent, WhiteleyFareham£696,9586
PO15 5QNChalford GrangeFareham£655,0004
PO15 7BHLipizzaner Fields, WhiteleyFareham£595,7508
PO15 7DXHaflinger Drive, WhiteleyFareham£586,8005

Least Expensive Streets in PO15 (Fareham)

PostcodeStreetAreaAverageNo. of Sales
PO15 6HLBuckingham Court, Highlands RoadFareham£117,81519
PO15 5FDClarendon House, Park Cottage DriveFareham£151,2504
PO15 6DXStirling Court, Inverness AvenueFareham£159,8333
PO15 6LEFareham Park RoadFareham£166,6663
PO15 6FDBurt CloseFareham£171,6663
PO15 5HZOak Court, Oak RoadFareham£179,8333
PO15 7EGAintree Court, Timor CloseFareham£180,0004
PO15 7GXBalmoral House, Thyme AvenueFareham£184,5003
PO15 6DHStirling Court, Frosthole CrescentFareham£184,7483
PO15 6NZCort WayFareham£187,7504

Explore PO15 (Fareham) using map

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