Portsmouth property prices

The average property price in Portsmouth postcode area is £310k. The average price increased by £29.4k (10%) over the last twelve months. The price of an established property is £308k. The price of a newly built property is £375k. There were 9.7k property sales and sales dropped by 26.1% (-3.8k transactions). Most properties were sold in the £300k-£400k price range with 1827 (18.9%) properties sold, followed by £200k-£250k price range with 1804 (18.7%) properties sold.

March 2020 - February 2021

Portsmouth postcode area

England and Wales

£310k

average property price

£320k

average property price

10%

average price percentage change

8%

average price percentage change

£29.4k

average price change

£22.6k

average price change

Portsmouth house prices map

This price map shows the average property price in a given postcode sector between March 2020 - February 2021. The most affordable place was 'PO1 4' with the average price of £132k. The most expensive place was 'PO17 6', £879k.

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 March 2020 - February 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 £310k, Portsmouth is the 46. 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 March 2020 - February 2021.

Portsmouth property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.1%5
£50k-£100k3.0%288
£100k-£150k8.1%780
£150k-£200k16.4%1.6k
£200k-£250k18.7%1.8k
£250k-£300k15.8%1.5k
£300k-£400k18.9%1.8k
£400k-£500k9.1%884
£500k-£750k7.0%672
£750k-£1M1.9%186
over £1M1.1%109

Portsmouth cost comparison of new homes and older homes

March 2020 - February 2021

Portsmouth cost comparison of new homes and older homes

£375k

A newly built property

£308k

An established property

Portsmouth cost comparison of houses and flats

March 2020 - February 2021

Portsmouth cost comparison of houses and flats

£481k

Detached

£174k

Flat

£297k

Semi-Detached

£245k

Terraced

Portsmouth real house prices

Yearly average nominal house prices adjusted for inflation.

Portsmouth real house prices

Portsmouth house prices compared to England & Wales' house prices

Yearly average nominal prices

Portsmouth house prices

Portsmouth house prices per square meter

Yearly average nominal prices per square meter.

Average price per square meter

Portsmouth house prices and nearby areas

Yearly average nominal prices

Portsmouth house prices and nearby areas

Portsmouth house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

Portsmouth house prices new vs established

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 7.1 in Gosport and 10.5 in Chichester. Ie. Gosport resident with middle-income needs 7.1 gross annual salaries to buy a medium-priced property. Resident in Chichester needs 10.5 annual salaries. The England and Wales ratio was 7.7 in 2019.
Portsmouth house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2019
Gosport7.1
Portsmouth7.4
England and Wales7.7
Fareham8.5
Havant9
Chichester10.5

Other reports for Portsmouth postcode area

new home prices

property transactions

salary and unemployment

home features

population statistics

crime statistics

home energy certificates

energy costs

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