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House Prices in PO17

The average house price in PO17 (Fareham) is £358,750 using HM Land Registry data.

The average property price decreased by £10,732 (-55.01%) over the last 5 years and decreased by £2,151 (-6.94%) over the last 12 months.

Over the last year, there were 57 residential property sales – a decrease of 47 transactions (-82.46%) relative to the previous year. The majority of house sales (17) were in the £170,000 - £260,000 range. Then came properties in the £260,000 - £350,000 range, where 15 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 145 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,875 (-3%).

In Dec 24, there were 5 new estate agency instructions, 4 agreed home sales and 4 property price reductions.

5-Year Average Property Prices in PO17 (Fareham)

55.01%

Property prices in Fareham increased by 55.01% 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 PO17 (Fareham) Over the Last Year

6.94%

Property prices in Fareham increased by 6.94% 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.

Property Market Heat Gauge for PO17 (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 PO17 (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 PO17 (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 PO17 (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 PO17 (Fareham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PO17 postcode area since 1995.

Recent Sales in PO17 (Fareham)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
36 Wykeham Field, Wickham, Fareham, Hampshire, PO17 5AB	£360,000	£350,000	-£10,000	21 May 2024	29 Oct 2024	161 Days
15 Boundary Walk, Knowle, Fareham, Hampshire, PO17 5NQ	£410,000	£410,000	£00	21 Jun 2024	04 Oct 2024	105 Days
43 Knowle Avenue, Knowle, Fareham, Hampshire, PO17 5LG	£310,000	£310,000	£00	03 May 2024	26 Sep 2024	146 Days
Four Acres, Ingoldfield Lane, Newtown, Fareham, Hampshire, PO17 6LF	£800,000	£700,000	-£100,000	17 Jun 2024	30 Aug 2024	74 Days
1 Wickham Croft, Wickham, Fareham, Hampshire, PO17 5NL	£369,000	£355,000	-£14,000	07 May 2024	23 Aug 2024	108 Days
Grasmere, Tanfield Lane, Wickham, Fareham, Hampshire, PO17 5NJ	£550,000	£515,000	-£35,000	08 Feb 2024	23 Aug 2024	197 Days
Tower View, Hoads Hill, Wickham, Fareham, Hampshire, PO17 5BX	£725,000	£690,000	-£35,000	15 Mar 2024	19 Jul 2024	126 Days
8 North Square, Knowle, Fareham, Hampshire, PO17 5FD	£180,000	£176,000	-£4,000	06 Feb 2024	03 Jul 2024	148 Days
104 Funtley Road, Fareham, Hampshire, PO17 5EF	£595,000	£570,000	-£25,000	10 Jan 2024	01 Jul 2024	173 Days
Wickham Holt, Winchester Road, Wickham, Fareham, Hampshire, PO17 5EX	£875,000	£875,000	£00	05 Feb 2024	10 Jun 2024	126 Days
113 Knowle Avenue, Knowle, Fareham, Hampshire, PO17 5LU	£650,000	£567,500	-£82,500	23 Nov 2023	29 May 2024	188 Days
18 Garnier Park, Wickham, Fareham, Hampshire, PO17 5LD	£295,000	£285,000	-£10,000	16 Jan 2024	26 Apr 2024	101 Days
69 Funtley Road, Fareham, Hampshire, PO17 5EB	£325,000	£320,000	-£5,000	07 Jul 2023	22 Feb 2024	230 Days
The Chase, Southwick Road, North Boarhunt, Fareham, Hampshire, PO17 6JW	£550,000	£508,000	-£42,000	21 Oct 2023	02 Feb 2024	104 Days
43 Consort Mews, Knowle, Fareham, Hampshire, PO17 5FY	£180,000	£172,000	-£8,000	21 Feb 2023	29 Sep 2023	220 Days
3 West Mews, Knowle, Fareham, Hampshire, PO17 5FA	£230,000	£230,000	£00	10 May 2023	18 Sep 2023	131 Days
20 Mosse Court, Wickham, Fareham, Hampshire, PO17 5FN	£140,000	£140,000	£00	31 Oct 2022	18 Aug 2023	291 Days
200 Knowle Avenue, Knowle, Fareham, Hampshire, PO17 5DG	£335,000	£330,000	-£5,000	29 Mar 2023	15 Aug 2023	139 Days
12 Consort Mews, Knowle, Fareham, Hampshire, PO17 5FY	£190,000	£167,500	-£22,500	09 May 2023	04 Aug 2023	87 Days
5 Southwick Road, Wickham, Fareham, Hampshire, PO17 6HS	£500,000	£475,000	-£25,000	03 Feb 2023	12 May 2023	98 Days

Most Expensive Streets in PO17 (Fareham)

Postcode	Street	Area	Average	No. of Sales
PO17 6LE	Hazelton Mews, Newtown	Fareham	£1,131,250	4
PO17 5AT	Bishops Wood Road, Mislingford	Fareham	£1,092,500	3
PO17 5NY	Titchfield Lane, Wickham	Fareham	£675,000	3
PO17 6JB	Hundred Acres, Wickham	Fareham	£646,250	4
PO17 5EX	Winchester Road, Wickham	Fareham	£636,875	4
PO17 6HY	Hundred Acres Road, Wickham	Fareham	£615,750	4
PO17 5NG	Charity View, Knowle	Fareham	£540,666	6
PO17 5BZ	Manor Close, Wickham	Fareham	£529,333	6
PO17 5LG	Knowle Avenue, Knowle	Fareham	£485,556	8
PO17 6FF	Grindall Field, Wickham Common	Fareham	£467,774	23

Least Expensive Streets in PO17 (Fareham)

Postcode	Street	Area	Average	No. of Sales
PO17 5FS	Portchester House, Knowle Avenue	Fareham	£146,250	4
PO17 5FT	Bickleigh House, Knowle Avenue	Fareham	£148,333	3
PO17 5GF	Saxe Court, Boundary Walk	Fareham	£149,100	5
PO17 5FD	North Square, Knowle	Fareham	£163,000	3
PO17 5GA	Aldford House, Boundary Walk	Fareham	£164,166	3
PO17 5GP	Coe House, Portland Way	Fareham	£175,600	5
PO17 5FX	Carisbrooke Court, North Square	Fareham	£181,333	6
PO17 5DU	Cardingham Court, Consort Mews	Fareham	£183,750	4
PO17 5FY	Consort Mews, Knowle	Fareham	£186,312	16
PO17 5JX	Victoria Mews, Knowle	Fareham	£195,234	19