PO11 (Hayling Island) area guide

PO11
Hayling Island
The PO11 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Hampshire, Hayling East, Hayling Island, Hayling West.
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Notes:

A Mouseprice property guide for PO11 Hayling Island is coming soon. In the meantime, please have a look at the raw data and statistics about PO11 that can be found by click the relevant links on the left hand side.

Old area guide:

The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.

Market trends:

Portsmouth propertyThe size of the property market in PO11 is 8209 homes.

Portsmouth propertyThe postcode district PO11 has been experiencing annual growth of 7.3% over the last 5 years excluding the effect of inflation. This growth rate tends to indicatesomewhere where the economy cannot support property price growth above the national average. This could be because the area is very rural or is recovering from industrial decline and doesn’t offer sufficient employment opportunities or local amenities to induce people to move to the area. However, areas of this type tend to offer reasonable transport to other places in the vicinity and so benefit from secondary economic growth as the effects of a successful regional hub emanate outwards.

Portsmouth propertyOver the last 3 months, the average property value for this postcode district has been £213330.

Portsmouth propertySince most banks lend money to buy property using their customers’ salary as a indicator of affordability, the price earnings ratio is a useful guide as to whether property in an area is expensive or not. Price Earnings Ratio in this postcode district is 9.

Portsmouth propertyNew transactions as a percentage of overall sales are 6.5%.

Housing stock:

Hayling Island propertyIf you are specifically looking to buy Detached Houses, this would be an excellent area for you to explore, with 49.2% of properties being this type.

Hayling Island propertyFor those buyers keen to purchase Terraced Houses, this would not be an ideal area, because only 7.6% are this type.

Hayling Island propertyThis is an area with a high proportion of property suitable for families with children.

Hayling Island propertyThere is a high proportion of temporary housing in this area at 3.3%.

Hayling Island propertySocially rented accommodation represents only a small percentage of rented accommodation in the area at 7.2%.

Hayling Island propertyThe majority of property in this area is owner occupied.

Hayling Island propertyThe average price of a two bed property in this area is higher than the national average of £187894 at £213682.

Who lives here:

Hayling Island propertyThe population of this postcode district is 16887.
Hayling Island propertyThis area is a haven for the retired, who make up 31.8% of the population.
Hayling Island propertyThis area has a high percentage of married people at 21.3%.
Hayling Island propertyAverage working hours in this area for men are 43 and for women are 31.
Hayling Island propertyThis area has 10.7 people per square kilometre.
Hayling Island propertyThe largest source of work in this area is Health & Social Work (15% of workers), followed by Wholesale & Retail (14.9%).