The price of a newly built property is £474k in Portsmouth postcode area. The price increased by £57.3k (14%) over the last twelve months. The price of an established property is £335k. There were 116 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 38 (32.8%) properties sold, followed by £300k-£400k price range with 37 (31.9%) properties sold. Most new homes were sold in PO17 5, with 24 sold to date from June 2023 - May 2024.
June 2023 - May 2024 | Portsmouth postcode area | England & Wales |
---|---|---|
Average price of a new home | £474k | £384k |
Average price change | 14% £57.3k | 0% £-1.9k |
June 2023 - May 2024
New or established | Average price |
---|---|
█ A newly built property | £474k |
█ An established property | £335k |
June 2023 - May 2024
shows the total volume of new homes sold a given postcode sector.
shows a sales volume of new homes in a given price range between June 2023 - May 2024. See also Portsmouth property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £100k-£150k | 0.9% | 1 |
█ £250k-£300k | 8.6% | 10 |
█ £300k-£400k | 31.9% | 37 |
█ £400k-£500k | 21.6% | 25 |
█ £500k-£750k | 32.8% | 38 |
█ £750k-£1M | 3.4% | 4 |
█ over £1M | 0.9% | 1 |
June 2023 - May 2024
June 2023 - May 2024
Yearly average nominal house prices adjusted for inflation
Yearly average nominal prices
Yearly average nominal prices
Yearly average nominal prices
Total sales volumes by year