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House Prices in PO6

The average house price in PO6 (Portsmouth) is £292,653 using HM Land Registry data.

The average property price increased by £88,890 (17.33%) over the last 5 years and increased by £17,770 (2.78%) over the last 12 months.

Over the last year, there were 311 residential property sales – a decrease of 167 transactions (-53.70%) relative to the previous year. The majority of house sales (74) were in the £238,000 - £306,000 range. Then came properties in the £306,000 - £374,000 range, where 69 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 87 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,050 (-2%).

In June 2024, there were 69 new estate agency instructions, 53 agreed home sales and 39 property price reductions.

5-Year Average Property Prices in PO6 (Portsmouth)

17.33%

Property prices in Portsmouth increased by 17.33% 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 PO6 (Portsmouth) Over the Last Year

2.78%

Property prices in Portsmouth increased by 2.78% 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 PO6 (Portsmouth) - June 2024

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 PO6 (Portsmouth)

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 PO6 (Portsmouth)

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 PO6 (Portsmouth)

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 PO6 (Portsmouth) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PO6 postcode area since 1995.

Recent Sales in PO6 (Portsmouth)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
21 Lonsdale Avenue, East Cosham, Portsmouth, PO6 2PU	£450,000	£435,000	-£15,000	01 Feb 2024	24 Apr 2024	83 Days
8 Braunston Close, Portsmouth, PO6 4EN	£299,950	£275,000	-£24,950	26 Oct 2023	19 Apr 2024	176 Days
488 Hawthorn Crescent, Cosham, Portsmouth, PO6 2TX	£170,000	£162,000	-£8,000	20 Jan 2024	10 Apr 2024	81 Days
19 Colesbourne Road, Portsmouth, PO6 4DZ	£220,000	£215,000	-£5,000	06 Nov 2023	10 Apr 2024	156 Days
8 Parry Close, Portsmouth, PO6 4SL	£330,000	£320,000	-£10,000	06 Jun 2023	05 Apr 2024	304 Days
51 Wymering Lane, Portsmouth, PO6 3QU	£240,000	£240,000	£00	02 Jan 2024	25 Mar 2024	83 Days
29 Knowsley Road, Cosham, Portsmouth, PO6 2PD	£300,000	£300,000	£00	30 Nov 2023	25 Mar 2024	116 Days
53 Solent Road, Drayton, Portsmouth, PO6 1HJ	£625,000	£607,500	-£17,500	17 Oct 2023	22 Mar 2024	157 Days
55 Southbourne Avenue, Portsmouth, PO6 2HL	£340,000	£340,000	£00	15 Oct 2023	18 Mar 2024	155 Days
11 Colville Road, Drayton, Portsmouth, PO6 2DX	£425,000	£410,000	-£15,000	02 Oct 2023	08 Mar 2024	158 Days
35 Tregaron Avenue, Drayton, Portsmouth, PO6 2ND	£500,000	£500,000	£00	07 Sep 2023	29 Feb 2024	175 Days
8 Pervin Road, Portsmouth, PO6 3DE	£285,000	£280,000	-£5,000	12 Oct 2023	29 Feb 2024	140 Days
34 Chedworth Crescent, Portsmouth, PO6 4ET	£150,000	£140,000	-£10,000	10 Nov 2023	28 Feb 2024	110 Days
60 Cheltenham Road, Portsmouth, PO6 3PZ	£235,000	£235,000	£00	08 Dec 2023	14 Feb 2024	68 Days
13 Tintern Close, Portsmouth, PO6 4LS	£250,000	£250,000	£00	14 Jul 2023	08 Feb 2024	209 Days
149 Hawthorn Crescent, Cosham, Portsmouth, PO6 2TJ	£450,000	£437,500	-£12,500	05 Oct 2023	31 Jan 2024	118 Days
3 Courtmount Grove, Drayton, Portsmouth, PO6 2BH	£335,000	£320,000	-£15,000	25 May 2023	29 Jan 2024	249 Days
18 Beverley Grove, Farlington, Portsmouth, PO6 1BP	£750,000	£600,000	-£150,000	07 Jun 2022	24 Jan 2024	596 Days
36 Albert Road, Cosham, Portsmouth, PO6 3DD	£270,000	£265,000	-£5,000	07 Oct 2023	19 Jan 2024	104 Days
60 Lime Grove, Paulsgrove, Portsmouth, PO6 4DQ	£220,000	£216,000	-£4,000	10 Jan 2024	15 Jan 2024	5 Days

Most Expensive Streets in PO6 (Portsmouth)

Postcode	Street	Area	Average	No. of Sales
PO6 1DA	Havant Road, Drayton	Portsmouth	£707,500	4
PO6 1EE	Havant Road, Drayton	Portsmouth	£695,500	4
PO6 4UE	Bryher Island, Port Solent	Portsmouth	£659,166	6
PO6 1HG	Drayton Lane	Portsmouth	£648,428	7
PO6 4UF	Bryher Island, Port Solent	Portsmouth	£626,250	12
PO6 1DH	Evelegh Road	Portsmouth	£609,666	3
PO6 2QU	Mulberry Lane	Portsmouth	£604,000	3
PO6 1BP	Beverley Grove	Portsmouth	£598,090	11
PO6 1EW	Sea View Road	Portsmouth	£596,111	9
PO6 2AW	Brecon Avenue	Portsmouth	£591,666	3

Least Expensive Streets in PO6 (Portsmouth)

Postcode	Street	Area	Average	No. of Sales
PO6 2LD	Walberton Court, St Colmans Avenue	Portsmouth	£105,987	4
PO6 3HZ	Ashurst Road	Portsmouth	£110,125	4
PO6 2QN	Megan Court, Dorking Crescent	Portsmouth	£112,916	6
PO6 2QW	Vine Court, Dorking Crescent	Portsmouth	£130,998	3
PO6 2JA	Havant Road, Cosham	Portsmouth	£131,000	22
PO6 3EG	Bosun Court, High Street, Cosham	Portsmouth	£134,333	3
PO6 1PA	Havant Road, Drayton	Portsmouth	£135,666	3
PO6 3BW	Vectis Way, Cosham	Portsmouth	£146,500	3
PO6 2HZ	Havant Road, Cosham	Portsmouth	£146,553	28
PO6 2TN	Hawthorn Crescent, Cosham	Portsmouth	£147,666	3