Property trends for PO17

    PO17 covers the Fareham area and surrounding parishes on the Hampshire coast, between Southampton and Portsmouth. It is a well-established residential district with a strong family demographic and a character rooted in both suburban stability and proximity to maritime heritage.

    At a Glance

    Average Property Price - PO17

    £370,012

    61

    National percentile

    Average Monthly Rent - PO

    £1,187

    62

    National percentile

    Average Net Household Income - PO17

    £47,203

    82

    National percentile

    Flat / Maisonette Yield - PO

    6.2%

    83

    National percentile

    10-Year Annualised Price Growth - PO17

    2.4%

    14

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    Property Price & Volume Trends

    At £370,000, property prices in PO17 sit around the national median, placing it slightly above the mid-point nationally. Over the past decade, annual price growth has averaged just 2.4%, well below the national trend, reflecting relatively modest capital appreciation. Transaction volumes have declined: last year recorded 89 sales against a 10-year average of 112, suggesting softer market activity.

    Rent & Yield Trends

    Monthly rents average £1,187, placing the area in the upper-middle tier nationally. Rental growth has averaged 4.1% annually over ten years, broadly in line with the national pace. The flat yield has improved noticeably, rising to 6.2% in the latest year from a 10-year average of 5.1%, signalling increasingly attractive returns for buy-to-let investors.

    Income & Affordability Trends

    Household incomes in PO17 are well above average, placing the area in the top quintile nationally at £47,203. However, purchase affordability has deteriorated: the price-to-income ratio has risen from 7.6x in 2016 to 9.9x today, reflecting stronger price growth than income gains. Rental affordability has similarly weakened, with rents now consuming 32.1% of gross household income compared to 28.9% a decade ago.

    Resident Demographic Profile

    The population skews notably towards older age groups, with those aged 50–64 accounting for 21.7% (above the 19.8% national average) and 65+ matching the national share. Conversely, young adults aged 16–24 are underrepresented at 8.9% against the 11.0% national figure. The housing tenure profile is distinctive: mortgage ownership is strong at 34.9% (well above the 27.0% national average), while social renting is below average at 11.1%. Employment is heavily skewed towards professional and managerial roles, which together account for 41.3% of the workforce against 33.9% nationally, while elementary occupations are notably scarce at 6.2% versus 10.2% nationally.

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