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House Prices in PO1 House Prices in PO1 (Portsmouth)

The average house price in PO1 (Portsmouth) is £279,642 using HM Land Registry data.

The average property price increased by £31,862 (33.04%) over the last 5 years and increased by £6,384 (4.76%) over the last 12 months.

Over the last year, there were 159 residential property sales – a decrease of 58 transactions (-36.48%) relative to the previous year. The majority of house sales (70) were in the £206,000 - £262,000 range. Then came properties in the £150,000 - £206,000 range, where 40 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 71 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,252 (-3%).

In Dec 24, there were 25 new estate agency instructions, 17 agreed home sales and 31 property price reductions.

Nearby Postcodes: BN17, BN18, GU28, GU29, GU31, PO10, PO11, PO12, PO13, PO14, PO15, PO16, PO17, PO18, PO19, PO2, PO20, PO21, PO22, PO3, PO30, PO31, PO32, PO33, PO34, PO35, PO36, PO37, PO38, PO39, PO4, PO40, PO41, PO5, PO6, PO7, PO8, PO9, SO30, SO31, SO32

5-Year Average Property Prices in PO1 (Portsmouth)

33.04%

Property prices in Portsmouth increased by 33.04% 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 PO1 (Portsmouth) Over the Last Year

4.76%

Property prices in Portsmouth increased by 4.76% 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.

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).

Property Market Heat Gauge for PO1 (Portsmouth) - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 PO1 (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 PO1 (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 PO1 (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 PO1 (Portsmouth) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PO1 postcode area since 1995.

Recent Sales in PO1 (Portsmouth)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
7 Longs Walk, Portsmouth, PO1 4LJ£240,000£230,000-£10,00010 May 202415 Nov 2024189 Days
52 Glencoe Road, Portsmouth, PO1 5RP£220,000£215,000-£5,00022 Mar 202404 Nov 2024227 Days
149 St Marys Road, Portsmouth, PO1 5PQ£230,000£223,000-£7,00025 May 202401 Nov 2024160 Days
80 St Thomass Street, Portsmouth, PO1 2EZ£450,000£425,000-£25,00015 May 202428 Oct 2024166 Days
27c, Penny Street, Portsmouth, PO1 2NH£450,000£445,000-£5,00010 May 202418 Oct 2024161 Days
51 Guildford Road, Portsmouth, PO1 5HU£250,000£245,000-£5,00022 Feb 202418 Oct 2024239 Days
13 Manchester Road, Portsmouth, PO1 5ED£200,000£197,500-£2,50029 May 202418 Oct 2024142 Days
11 Poynings Place, Old Portsmouth, Portsmouth, PO1 2PB£685,000£680,000-£5,00025 Jul 202418 Oct 202485 Days
Flat 25, Lombard Court, Lombard Street, Portsmouth, PO1 2HU£325,000£305,000-£20,00019 Mar 202416 Oct 2024211 Days
52 Manchester Road, Portsmouth, PO1 5EJ£210,000£205,000-£5,00023 Jul 202411 Oct 202480 Days
41 Oyster Street, Portsmouth, PO1 2HZ£375,000£370,000-£5,00026 Jan 202409 Oct 2024257 Days
80 High Street, Portsmouth, PO1 2HH£795,000£755,000-£40,00021 Nov 202308 Oct 2024322 Days
24 Thorncroft Road, Portsmouth, PO1 5BJ£265,000£260,000-£5,00029 May 202416 Aug 202479 Days
138 Shearer Road, Portsmouth, PO1 5LR£239,995£237,000-£2,99514 Jun 202402 Aug 202449 Days
82 Guildford Road, Portsmouth, PO1 5HX£210,000£202,000-£8,00023 Feb 202402 Aug 2024161 Days
17 Byerley Road, Portsmouth, PO1 5AX£225,000£225,000£0023 Apr 202423 Jul 202491 Days
7 North Street, Portsmouth, PO1 4ED£237,500£234,000-£3,50026 Apr 202415 Jul 202480 Days
2 Beehive Walk, Portsmouth, PO1 2PW£239,995£223,250-£16,74503 Apr 202405 Jul 202493 Days
43 Kilmiston Close, Portsmouth, PO1 4JJ£225,000£210,000-£15,00005 Dec 202324 Jun 2024202 Days
20 South Road, Portsmouth, PO1 5QT£249,995£243,300-£6,69531 Jan 202424 Jun 2024145 Days

Most Expensive Streets in PO1 (Portsmouth)

PostcodeStreetAreaAverageNo. of Sales
PO1 2JRTower StreetPortsmouth£777,5004
PO1 2TTCaptains RowPortsmouth£706,2504
PO1 2HHHigh StreetPortsmouth£686,6663
PO1 3FSGunwharf QuaysPortsmouth£622,5716
PO1 2JEBroad StreetPortsmouth£618,4004
PO1 2HWHigh StreetPortsmouth£614,8333
PO1 2JGSpinnaker Quay, Broad Street, PortsmouthPortsmouth£584,0006
PO1 3THBlake House, Gunwharf QuaysPortsmouth£577,0826
PO1 2JDBroad StreetPortsmouth£523,82114
PO1 2NFGrand ParadePortsmouth£516,7857

Least Expensive Streets in PO1 (Portsmouth)

PostcodeStreetAreaAverageNo. of Sales
PO1 5PHSt Marys RoadPortsmouth£61,6663
PO1 4JBBrunel Court, Nutfield PlacePortsmouth£86,0005
PO1 2RXEnterprise House, Isambard Brunel RoadPortsmouth£108,63611
PO1 3HWQueen StreetPortsmouth£111,6663
PO1 3SGThe Round House, Gunwharf QuaysPortsmouth£112,9005
PO1 2SGCharter House, Lord Montgomery WayPortsmouth£114,5003
PO1 2QZHampshire TerracePortsmouth£117,0004
PO1 3FUPennant House, Prince George Street, PortsmouthPortsmouth£117,3754
PO1 5JXFratton RoadPortsmouth£141,1005
PO1 3SHThe Round House, Gunwharf QuaysPortsmouth£144,6005

Explore PO1 (Portsmouth) using map

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