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House Prices in PO4 House Prices in PO4 (Southsea)

The average house price in PO4 (Southsea) is £287,073 using HM Land Registry data.

The average property price increased by £48,559 (21.52%) over the last 5 years and increased by £9,730 (3.35%) over the last 12 months.

Over the last year, there were 438 residential property sales – a decrease of 207 transactions (-47.26%) relative to the previous year. The majority of house sales (130) were in the £218,000 - £266,000 range. Then came properties in the £266,000 - £314,000 range, where 81 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 £-9,908 (-2%).

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

Nearby Postcodes: BN18, GU28, GU29, GU31, PO1, PO10, PO11, PO12, PO13, PO14, PO15, PO16, PO17, PO18, PO19, PO2, PO20, PO3, PO30, PO31, PO32, PO33, PO34, PO35, PO36, PO37, PO38, PO39, PO40, PO41, PO5, PO6, PO7, PO8, PO9, SO30, SO31, SO32

5-Year Average Property Prices in PO4 (Southsea)

21.52%

Property prices in Southsea increased by 21.52% 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 PO4 (Southsea) Over the Last Year

3.35%

Property prices in Southsea increased by 3.35% 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 PO4 (Southsea) - 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 PO4 (Southsea)

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 PO4 (Southsea)

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 PO4 (Southsea)

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 PO4 (Southsea) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PO4 postcode area since 1995.

Recent Sales in PO4 (Southsea)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
333 Fawcett Road, Southsea, Portsmouth, PO4 0LE£260,000£250,000-£10,00015 Apr 202419 Aug 2024126 Days
22 Worsley Street, Southsea, Portsmouth, PO4 9PR£250,000£245,750-£4,25005 Apr 202416 Aug 2024133 Days
1 Milebush Road, Southsea, Portsmouth, PO4 8NF£465,000£450,000-£15,00023 May 202416 Aug 202485 Days
49 Hollam Road, Southsea, Portsmouth, PO4 8PA£270,000£268,000-£2,00025 Apr 202414 Aug 2024111 Days
30 Ward Road, Southsea, Portsmouth, PO4 9PA£245,000£240,000-£5,00026 Mar 202413 Aug 2024140 Days
34 Shore Avenue, Southsea, Portsmouth, PO4 8PZ£300,000£300,000£0030 Apr 202409 Aug 2024101 Days
82 Kimberley Road, Southsea, Portsmouth, PO4 9NS£390,000£385,000-£5,00006 Feb 202409 Aug 2024185 Days
40 Bramshott Road, Southsea, Portsmouth, PO4 8AN£285,000£270,000-£15,00030 Apr 202407 Aug 202499 Days
42 Londesborough Road, Southsea, Portsmouth, PO4 0EX£240,000£232,500-£7,50015 Apr 202402 Aug 2024109 Days
36 Goldsmith Avenue, Southsea, Portsmouth, PO4 8QT£425,000£425,000£0028 Jul 202330 Jul 2024368 Days
95 Brompton Road, Southsea, Portsmouth, PO4 9AJ£250,000£243,000-£7,00011 Jan 202430 Jul 2024201 Days
60 Rowan Court, Southsea, Portsmouth, PO4 8UU£150,000£148,000-£2,00026 Jan 202426 Jul 2024182 Days
29 Grayshott Road, Southsea, Portsmouth, PO4 8AH£290,000£287,000-£3,00012 Feb 202426 Jul 2024165 Days
24 Chitty Road, Southsea, Portsmouth, PO4 9NX£342,500£337,000-£5,50009 Nov 202325 Jul 2024259 Days
14 Meryl Road, Southsea, Portsmouth, PO4 8LX£250,000£240,000-£10,00010 Apr 202425 Jul 2024106 Days
116 Shelford Road, Southsea, Portsmouth, PO4 8NU£320,000£306,500-£13,50006 Dec 202322 Jul 2024229 Days
12 Woodmancote Road, Southsea, Portsmouth, PO4 8DD£325,000£320,000-£5,00018 Mar 202418 Jul 2024122 Days
159 Landguard Road, Southsea, Portsmouth, PO4 9DS£230,000£228,000-£2,00007 Mar 202417 Jul 2024132 Days
5 Reginald Road, Southsea, Portsmouth, PO4 9HL£325,000£320,000-£5,00004 Apr 202416 Jul 2024103 Days
64 Rowan Court, Southsea, Portsmouth, PO4 8UU£170,000£170,000£0020 Apr 202412 Jul 202483 Days

Most Expensive Streets in PO4 (Southsea)

PostcodeStreetAreaAverageNo. of Sales
PO4 9RPCousins GroveSouthsea£1,013,5826
PO4 9NDDriftwood GardensSouthsea£945,2005
PO4 0NTCraneswater ParkSouthsea£821,2484
PO4 0PBCraneswater AvenueSouthsea£805,0004
PO4 0QJSt Helens ParadeSouthsea£791,2504
PO4 0QUBembridge CrescentSouthsea£756,4287
PO4 0PACraneswater AvenueSouthsea£713,3333
PO4 9QJBrading AvenueSouthsea£705,2005
PO4 0NNSt Helens CloseSouthsea£696,6663
PO4 0PPSt Ronans RoadSouthsea£689,1663

Least Expensive Streets in PO4 (Southsea)

PostcodeStreetAreaAverageNo. of Sales
PO4 0EFHollinsworth House, Goldsmith AvenueSouthsea£60,5003
PO4 9TAMelville RoadSouthsea£66,5003
PO4 8QQBrent Court, Warren AvenueSouthsea£100,9376
PO4 8AQFrensham Court, Frensham RoadSouthsea£105,2504
PO4 0SDClarendon RoadSouthsea£118,1005
PO4 0RLAlhambra RoadSouthsea£118,7754
PO4 0RXGranada RoadSouthsea£122,50016
PO4 8JAMilford Court, Old CanalSouthsea£124,2219
PO4 9NHHighland RoadSouthsea£127,6405
PO4 0SYKenross Court, Granada RoadSouthsea£129,3333

Explore PO4 (Southsea) using map

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