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House Prices in PO13 House Prices in PO13 (Lee-On-The-Solent)

The average house price in PO13 (Lee-On-The-Solent) is £288,250 using HM Land Registry data.

The average property price increased by £56,232 (28.23%) over the last 5 years and increased by £11,267 (4.2%) over the last 12 months.

Over the last year, there were 357 residential property sales – a decrease of 57 transactions (-15.97%) relative to the previous year. The majority of house sales (101) were in the £206,000 - £272,000 range. Then came properties in the £272,000 - £338,000 range, where 87 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 £-6,541 (-1%).

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

Nearby Postcodes: PO1, PO12, PO14, PO15, PO16, PO17, PO6, SO31

5-Year Average Property Prices in PO13 (Lee-On-The-Solent)

28.23%

Property prices in Lee-On-The-Solent increased by 28.23% 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 PO13 (Lee-On-The-Solent) Over the Last Year

4.2%

Property prices in Lee-On-The-Solent increased by 4.2% 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 PO13 (Lee-On-The-Solent) - 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 PO13 (Lee-On-The-Solent)

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 PO13 (Lee-On-The-Solent)

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 PO13 (Lee-On-The-Solent)

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 PO13 (Lee-On-The-Solent) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PO13 postcode area since 1995.

Recent Sales in PO13 (Lee-On-The-Solent)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
38 Skipper Way, Lee-on-the-solent, Hampshire, PO13 9EY£240,000£228,000-£12,00021 Feb 202416 Aug 2024177 Days
102 Tichborne Way, Gosport, Hampshire, PO13 0BN£320,000£312,000-£8,00028 May 202416 Aug 202480 Days
23 Chatfield Road, Gosport, Hampshire, PO13 0TN£250,000£250,000£0023 Apr 202409 Aug 2024108 Days
3 Deane Gardens, Lee-on-the-solent, Hampshire, PO13 8JZ£189,995£187,500-£2,49511 Apr 202402 Aug 2024113 Days
80 Prideaux Brune Avenue, Gosport, Hampshire, PO13 0UE£140,000£135,000-£5,00009 Mar 202431 Jul 2024144 Days
99 Bridgemary Road, Gosport, Hampshire, PO13 0UT£279,995£275,000-£4,99503 Dec 202329 Jul 2024239 Days
57 Hanbidge Crescent, Bridgemary, Gosport, Hampshire, PO13 0YD£240,000£230,000-£10,00018 Apr 202426 Jul 202499 Days
7 Nicholl Place, Gosport, Hampshire, PO13 0LN£350,000£340,000-£10,00020 Feb 202426 Jul 2024157 Days
17 Morris Close, Gosport, Hampshire, PO13 0SS£315,000£303,000-£12,00024 Oct 202323 Jul 2024273 Days
32 Newbroke Road, Gosport, Hampshire, PO13 9UJ£125,000£122,000-£3,00028 Mar 202412 Jul 2024106 Days
14 The Thicket, Gosport, Hampshire, PO13 0ZL£132,995£117,500-£15,49513 Jul 201608 Jul 20242917 Days
31 Charden Road, Gosport, Hampshire, PO13 0ED£280,000£280,000£0012 Jan 202405 Jul 2024175 Days
25 Lanyard Drive, Rowner, Gosport, Hampshire, PO13 9UY£250,000£250,000£0013 Mar 202404 Jul 2024113 Days
28 Martinet Drive, Lee-on-the-solent, Hampshire, PO13 8GP£200,000£196,500-£3,50026 Dec 202328 Jun 2024185 Days
12 Cameron Close, Gosport, Hampshire, PO13 0JE£325,000£320,000-£5,00025 Jan 202421 Jun 2024148 Days
67 Long Drive, Gosport, Hampshire, PO13 0QX£270,000£265,000-£5,00020 Feb 202417 Jun 2024118 Days
298 St Nicholas Avenue, Rowner, Gosport, Hampshire, PO13 9RS£240,000£235,000-£5,00026 Dec 202317 Jun 2024174 Days
6 Cavanna Close, Gosport, Hampshire, PO13 0PE£358,000£355,000-£3,00022 Feb 202414 Jun 2024113 Days
20 Braemar Road, Gosport, Hampshire, PO13 0YA£230,000£228,000-£2,00011 Mar 202414 Jun 202495 Days
11 Carisbrooke Road, Gosport, Hampshire, PO13 0HG£400,000£384,000-£16,00002 Jan 202414 Jun 2024164 Days

Most Expensive Streets in PO13 (Lee-On-The-Solent)

PostcodeStreetAreaAverageNo. of Sales
PO13 9NJCrofton Avenue, Lee-on-the-solentLee-On-The-Solent£1,168,3333
PO13 9AFPortsmouth Road, Lee-on-the-solentLee-On-The-Solent£667,5006
PO13 9HYStudland Road, Lee-on-the-solentLee-On-The-Solent£653,8754
PO13 9JTEastcliff Close, Lee-on-the-solentLee-On-The-Solent£643,3333
PO13 9JWSwanage Road, Lee-on-the-solentLee-On-The-Solent£595,0003
PO13 9LTMontserrat Road, Lee-on-the-solentLee-On-The-Solent£576,2229
PO13 9HPRussell Road, Lee-on-the-solentLee-On-The-Solent£536,0559
PO13 9HHCheltenham Crescent, Lee-on-the-solentLee-On-The-Solent£535,5004
PO13 9JAGrove Road, Lee-on-the-solentLee-On-The-Solent£530,6234
PO13 9AURyde Place, Lee-on-the-solentLee-On-The-Solent£528,7504

Least Expensive Streets in PO13 (Lee-On-The-Solent)

PostcodeStreetAreaAverageNo. of Sales
PO13 9GEArgus Road, Lee-on-the-solentLee-On-The-Solent£96,8333
PO13 9BPHometide House, Beach RoadLee-On-The-Solent£99,51122
PO13 9QRWilliams Close, GosportLee-On-The-Solent£99,6663
PO13 9QHSamson Close, GosportLee-On-The-Solent£113,2857
PO13 9JDHigh Street, Lee-on-the-solentLee-On-The-Solent£117,40015
PO13 9PNCarless Close, GosportLee-On-The-Solent£118,3333
PO13 9QLCornwell Close, GosportLee-On-The-Solent£124,6119
PO13 9QNCornwell Close, GosportLee-On-The-Solent£125,0405
PO13 9QPWilliams Close, GosportLee-On-The-Solent£125,1666
PO13 8EHFrobisher Close, GosportLee-On-The-Solent£127,4378

Explore PO13 (Lee-On-The-Solent) using map

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