You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in PO1

House Prices in PO1

The average house price in PO1 (Portsmouth) is £220,892 using HM Land Registry data.

The average property price increased by £25,087 (33.04%) over the last 5 years and increased by £5,026 (4.76%) over the last 12 months.

Over the last year, there were 142 residential property sales – a decrease of 84 transactions (-59.15%) relative to the previous year. The majority of house sales (61) were in the £196,000 - £242,000 range. Then came properties in the £150,000 - £196,000 range, where 26 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,710 (-2%).

In Oct 24, there were new estate agency instructions, agreed home sales and property price reductions.

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.

Property Market Heat Gauge for PO1 (Portsmouth) - Oct 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 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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
24 Thorncroft Road, Portsmouth, PO1 5BJ	£265,000	£260,000	-£5,000	29 May 2024	16 Aug 2024	79 Days
138 Shearer Road, Portsmouth, PO1 5LR	£239,995	£237,000	-£2,995	14 Jun 2024	02 Aug 2024	49 Days
82 Guildford Road, Portsmouth, PO1 5HX	£210,000	£202,000	-£8,000	23 Feb 2024	02 Aug 2024	161 Days
17 Byerley Road, Portsmouth, PO1 5AX	£225,000	£225,000	£00	23 Apr 2024	23 Jul 2024	91 Days
7 North Street, Portsmouth, PO1 4ED	£237,500	£234,000	-£3,500	26 Apr 2024	15 Jul 2024	80 Days
2 Beehive Walk, Portsmouth, PO1 2PW	£239,995	£223,250	-£16,745	03 Apr 2024	05 Jul 2024	93 Days
43 Kilmiston Close, Portsmouth, PO1 4JJ	£225,000	£210,000	-£15,000	05 Dec 2023	24 Jun 2024	202 Days
20 South Road, Portsmouth, PO1 5QT	£249,995	£243,300	-£6,695	31 Jan 2024	24 Jun 2024	145 Days
95 Clive Road, Fratton, Portsmouth, PO1 5JB	£240,000	£230,000	-£10,000	01 Feb 2024	14 Jun 2024	134 Days
60 Samuel Road, Fratton, Portsmouth, PO1 5QD	£170,000	£164,000	-£6,000	12 Oct 2023	10 Jun 2024	242 Days
Flat 50, Brunel Court, Nutfield Place, Portsmouth, PO1 4JB	£75,000	£75,000	£00	09 Jan 2024	07 Jun 2024	150 Days
16 Captains Row, Portsmouth, PO1 2TT	£899,950	£885,000	-£14,950	19 Jul 2023	31 May 2024	317 Days
61a, Walmer Road, Portsmouth, PO1 5AT	£160,000	£155,000	-£5,000	02 Nov 2023	29 May 2024	209 Days
166 Walmer Road, Portsmouth, PO1 5AU	£250,000	£244,500	-£5,500	24 Jan 2024	24 May 2024	121 Days
64 Shakespeare Road, Kingston, Portsmouth, PO1 5LF	£199,995	£192,500	-£7,495	05 Jan 2024	15 Apr 2024	101 Days
111 Fifth Street, Portsmouth, PO1 5NA	£275,000	£263,700	-£11,300	14 Nov 2023	05 Apr 2024	143 Days
Flat 22, Martells Court, Armory Lane, Portsmouth, PO1 2PF	£230,000	£230,000	£00	11 Nov 2023	28 Mar 2024	138 Days
43 Newcome Road, Fratton, Portsmouth, PO1 5DR	£239,995	£230,000	-£9,995	01 Sep 2023	27 Mar 2024	208 Days
80 Adames Road, Fratton, Portsmouth, PO1 5QQ	£190,000	£183,500	-£6,500	14 Aug 2023	22 Mar 2024	221 Days
28 Alver Road, Portsmouth, PO1 5HW	£200,000	£200,000	£00	13 Oct 2023	18 Mar 2024	157 Days

Most Expensive Streets in PO1 (Portsmouth)

Postcode	Street	Area	Average	No. of Sales
PO1 2JR	Tower Street	Portsmouth	£777,500	4
PO1 2TT	Captains Row	Portsmouth	£706,250	4
PO1 2JE	Broad Street	Portsmouth	£618,400	4
PO1 2HW	High Street	Portsmouth	£614,833	3
PO1 3FS	Gunwharf Quays	Portsmouth	£587,500	4
PO1 2JG	Spinnaker Quay, Broad Street, Portsmouth	Portsmouth	£584,000	6
PO1 3TH	Blake House, Gunwharf Quays	Portsmouth	£577,082	6
PO1 2NF	Grand Parade	Portsmouth	£537,083	6
PO1 2EZ	St Thomass Street	Portsmouth	£532,300	5
PO1 2JD	Broad Street	Portsmouth	£527,900	15

Least Expensive Streets in PO1 (Portsmouth)

Postcode	Street	Area	Average	No. of Sales
PO1 5PH	St Marys Road	Portsmouth	£61,666	3
PO1 4JB	Brunel Court, Nutfield Place	Portsmouth	£86,000	5
PO1 2RX	Enterprise House, Isambard Brunel Road	Portsmouth	£109,700	10
PO1 3SG	The Round House, Gunwharf Quays	Portsmouth	£112,900	5
PO1 2SG	Charter House, Lord Montgomery Way	Portsmouth	£114,500	3
PO1 2QZ	Hampshire Terrace	Portsmouth	£117,000	4
PO1 3FU	Pennant House, Prince George Street, Portsmouth	Portsmouth	£135,166	3
PO1 4DD	Cornwallis House, Cornwallis Crescent	Portsmouth	£138,000	3
PO1 3SH	The Round House, Gunwharf Quays	Portsmouth	£144,600	5
PO1 5HH	Fratton Road	Portsmouth	£145,000	3