Portsmouth House Prices Portsmouth House Prices

The average house price in Portsmouth is £309,731 using HM Land Registry data.

The average property price increased by £30,327 (11.39%) over the last 5 years and increased by £6,061 (2.09%) over the last 12 months.

Over the last year, there were 2,164 residential property sales – a decrease of 49 transactions (-2.26%) relative to the previous year. The majority of house sales (520) were in the £206,000 - £262,000 range. Then came properties in the £262,000 - £318,000 range, where 415 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 61 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,351 (-2%).

In May 2025, there were 471 new estate agency instructions, 387 agreed home sales and 418 property price reductions.

5-Year Average Property Prices in Portsmouth

11.39%

Property prices in Portsmouth increased by 11.39% 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 Portsmouth Over the Last Year

2.09%

Property prices in Portsmouth increased by 2.09% 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 Portsmouth - May 2025

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 Portsmouth

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 Portsmouth

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 Portsmouth

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 Portsmouth since 1995

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

Recent Property Sales in Portsmouth

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
34 Thurbern Road, Portsmouth, PO2 0PJ£375,000£360,000-£15,00027 Aug 202425 Feb 2025182 Days
Flat 15, Milford Court, Old Canal, Southsea, Portsmouth, PO4 8JA£120,000£117,500-£2,50011 Jun 202424 Feb 2025258 Days
17 Thorncroft Road, Portsmouth, PO1 5BJ£265,000£257,000-£8,00021 Jun 202424 Feb 2025248 Days
134 Stamshaw Road, Stamshaw, Portsmouth, PO2 8LU£225,000£212,960-£12,04005 Sep 202421 Feb 2025169 Days
115 Emsworth Road, North End, Portsmouth, PO2 0BS£200,000£198,000-£2,00017 Oct 202421 Feb 2025127 Days
21 Sedgefield Close, Portsmouth, PO6 4RG£269,500£265,000-£4,50022 Aug 202421 Feb 2025183 Days
94 Newbolt Road, Paulsgrove, Portsmouth, PO6 4JQ£250,000£245,000-£5,00008 Nov 202421 Feb 2025105 Days
49 Somerset Road, Southsea, Portsmouth, PO5 2NL£350,000£322,500-£27,50007 May 202419 Feb 2025288 Days
140 Kingsley Road, Southsea, Portsmouth, PO4 8HN£359,995£325,000-£34,99519 Jul 202417 Feb 2025213 Days
9 Chetwynd Road, Southsea, Portsmouth, PO4 0LZ£385,000£362,500-£22,50009 Sep 202417 Feb 2025161 Days
45 Manchester Road, Portsmouth, PO1 5EJ£205,000£195,000-£10,00015 Oct 202417 Feb 2025125 Days
44 Portobello Grove, Portchester, Fareham, Hampshire, PO16 8HU£350,000£345,000-£5,00016 Sep 202417 Feb 2025154 Days
12 Waltham Close, Fareham, Hampshire, PO16 8EQ£255,000£250,000-£5,00009 Sep 202417 Feb 2025161 Days
20 Delamere Road, Southsea, Portsmouth, PO4 0JA£299,950£285,000-£14,95002 Jul 202414 Feb 2025227 Days
134 Landguard Road, Southsea, Portsmouth, PO4 9DU£260,000£258,000-£2,00030 Sep 202414 Feb 2025137 Days
122 Francis Avenue, Southsea, Portsmouth, PO4 0ER£375,000£365,000-£10,00018 Sep 202414 Feb 2025149 Days
25 Oliver Road, Southsea, Portsmouth, PO4 9BY£425,000£415,000-£10,00007 Aug 202414 Feb 2025191 Days
13 Ruskin Road, Southsea, Portsmouth, PO4 8RQ£215,000£205,000-£10,00026 Sep 202414 Feb 2025141 Days
4 Magdala Road, Cosham, Portsmouth, PO6 2QG£158,500£140,000-£18,50030 Oct 202314 Feb 2025473 Days
93 Dover Road, Portsmouth, PO3 6JT£310,000£310,000£007 Nov 202412 Feb 202597 Days

Most Expensive Streets in Portsmouth

PostcodeStreetAreaAverageNo. of Sales
PO4 9RPCousins GroveSouthsea£997,3567
PO4 9NDDriftwood GardensSouthsea£945,2005
PO5 2AGMerton RoadSouthsea£885,0003
PO5 3QRGrove Road SouthSouthsea£881,6663
PO4 0NTCraneswater ParkSouthsea£821,2484
PO4 0QJSt Helens ParadeSouthsea£791,2504
PO4 9QJBrading AvenueSouthsea£786,6663
PO5 3DPGarden LaneSouthsea£785,0003
PO1 2JRTower StreetPortsmouth£777,5004
PO5 1RRLorne RoadSouthsea£752,5004

Least Expensive Streets in Portsmouth

PostcodeStreetAreaAverageNo. of Sales
PO3 6BLOwen HouseWhitcombe Gardens£57,2504
PO2 7FHKingston RoadPortsmouth£61,2913
PO5 1HWHomegrove HouseGrove Road North£65,0006
PO2 8SSRudmore CourtSimpson Road£67,20010
PO5 1DUHomerose HouseCottage Grove£67,22812
PO3 5UUCorby CrescentPortsmouth£73,5495
PO1 5PHSt Marys RoadPortsmouth£76,2504
PO5 4DQHomesea HouseGreen Road£77,0005
PO5 4DGHomesea HouseGreen Road£77,10010
PO5 1HNHomegrove HouseGrove Road North£78,42814

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