Property trends for PO9

    PO9 covers Fareham and surrounding areas in Hampshire, positioned between Southampton and Portsmouth on the south coast. It is a residential district with a mix of suburban character and access to maritime heritage, appealing to families and commuters alike.

    At a Glance

    Average Property Price - PO9

    £332,077

    52

    National percentile

    Average Monthly Rent - PO

    £1,187

    62

    National percentile

    Average Net Household Income - PO9

    £39,683

    57

    National percentile

    Flat / Maisonette Yield - PO

    6.2%

    83

    National percentile

    10-Year Annualised Price Growth - PO9

    3.4%

    42

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    Property Price & Volume Trends

    The latest average property price in PO9 is £332,000, broadly in line with the national average. Over the past decade, prices have grown at 3.4% per year—a pace below the national average, reflecting steadier rather than rapid appreciation. Transaction volumes have eased compared to the 10-year trend, with 547 sales in the latest full year against an average of 679 annually.

    Rent & Yield Trends

    Average monthly rent in the broader PO postcode area stands at £1,187, placing it above the national median. Rents have grown at 4.1% per year over a decade, slightly above the national pace. The flat yield has improved to 6.2%, up from a 10-year average of 5.1%, signalling a favourable shift for rental investors.

    Income & Affordability Trends

    Average net household income is £39,683, marginally above the national median. Purchase affordability has tightened: the price-to-income ratio has risen to 8.3x from 7.4x in 2016, indicating properties have become harder to buy relative to local earnings. Rental affordability has also worsened, with rent now consuming 32.1% of income compared to 28.9% a decade ago.

    Resident Demographic Profile

    The population is notably older than average, with 21.1% aged 50–64 and 21.1% aged 65 and over, well above national figures. Young adults aged 16–24 are slightly underrepresented at 9.2%. Housing tenure leans toward ownership: 35.7% own outright and 29.5% own with a mortgage, while private rental (13.1%) is well below the national average and social rented (20.4%) is above it. The employment base is fairly balanced, with a slight emphasis on skilled trades (12.6%) and caring professions (10.3%).

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