The price of a newly built property is £496k in Portsmouth postcode area. The price increased by £92.6k (23%) over the last twelve months. The price of an established property is £334k. There were 98 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 45 (45.9%) properties sold, followed by £400k-£500k price range with 24 (24.5%) properties sold. Most new homes were sold in PO17 5, with 24 sold to date from February 2023 - January 2024.
February 2023 - January 2024 | Portsmouth postcode area | England & Wales |
---|---|---|
Average price of a new home | £496k | £421k |
Average price change | 23% £92.6k | 11% £40.0k |
February 2023 - January 2024
New or established | Average price |
---|---|
█ A newly built property | £496k |
█ An established property | £334k |
February 2023 - January 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 February 2023 - January 2024. See also Portsmouth property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £100k-£150k | 1.0% | 1 |
█ £200k-£250k | 1.0% | 1 |
█ £250k-£300k | 6.1% | 6 |
█ £300k-£400k | 19.4% | 19 |
█ £400k-£500k | 24.5% | 24 |
█ £500k-£750k | 45.9% | 45 |
█ £750k-£1M | 1.0% | 1 |
█ over £1M | 1.0% | 1 |
February 2023 - January 2024
February 2023 - January 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