Portsmouth property prices

The average property price in Portsmouth postcode area is £326k. The average price increased by £33.6k (11%) over the last twelve months. The price of an established property is £326k. The price of a newly built property is £354k. There were 12.4k property sales and sales increased by 15.0% (1.8k transactions). Most properties were sold in the £300k-£400k price range with 2619 (21.2%) properties sold, followed by £200k-£250k price range with 2101 (17.0%) properties sold.

November 2020 - October 2021

Portsmouth postcode area

England and Wales

£326k

average property price

£342k

average property price

11%

average price percentage change

10%

average price percentage change

£33.6k

average price change

£32.2k

average price change

Portsmouth house prices map

This price map shows the average property price in a given postcode sector between November 2020 - October 2021. The most affordable place was 'PO1 1' with the average price of £168k. The most expensive place was 'PO20 7', £925k.

Portsmouth house prices map

Portsmouth house prices compared to other areas

Comparison of the average property price and an average price percentage change by postcode area. Price % change compares the average property price between November 2020 - October 2021 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in postcode area.

Portsmouth house prices compared to other areasAverage price percentage change
Average property price

Portsmouth house price rank

With the average price of £326k, Portsmouth is the 48. most pricey postcode area out of 105 England and Wales' postcode areas.

Portsmouth house price rank

Portsmouth property sales share by price range

shows a number of properties sold in a given price range between November 2020 - October 2021.

Portsmouth property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.0%4
£50k-£100k2.1%259
£100k-£150k7.3%904
£150k-£200k13.7%1.7k
£200k-£250k17.0%2.1k
£250k-£300k16.7%2.1k
£300k-£400k21.2%2.6k
£400k-£500k10.1%1.2k
£500k-£750k8.7%1.1k
£750k-£1M2.2%276
over £1M1.0%129

Portsmouth cost comparison of new homes and older homes

November 2020 - October 2021

Portsmouth cost comparison of new homes and older homes

£354k

A newly built property

£326k

An established property

Portsmouth cost comparison of houses and flats

November 2020 - October 2021

Portsmouth cost comparison of houses and flats

£493k

Detached

£181k

Flat

£315k

Semi-Detached

£260k

Terraced

Portsmouth property price by number of rooms

The average nominal property price by number of rooms. Kitchen is included in the number of rooms.

Average price by number of rooms

Portsmouth real house prices

Yearly average nominal house prices adjusted for inflation.

Portsmouth real house prices

Portsmouth house prices

Yearly average nominal prices compared to England & Wales' house prices

Portsmouth house prices

Portsmouth house prices per square meter

Yearly average nominal price per square meter compared to England & Wales' house prices

Portsmouth house prices per square meter

Portsmouth house prices and nearby areas

Yearly average nominal prices

Portsmouth house prices and nearby areas

Portsmouth house prices by property type

Yearly average nominal prices

Portsmouth house prices by property type

Portsmouth house price to earnings ratio

The median property price to median earnings ratio is ranging between 7 in Gosport and 12.5 in Chichester. Ie. Gosport resident with middle-income needs 7 gross annual salaries to buy a medium-priced property. Resident in Chichester needs 12.5 annual salaries. The England and Wales ratio was 7.69 in 2020.
Portsmouth house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2020
Gosport7
England and Wales7.69
Portsmouth8.5
Fareham9.1
Havant9.5
Chichester12.5

Other reports for Portsmouth postcode area

house prices per square meter

new home prices

property transactions

population statistics

salary and unemployment

home energy certificates

crime statistics

home features

energy costs

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