Area guide

Portsmouth, PO3


Overview

On this page you will find in-depth information and analytics about the PO3 postcode district. This includes current and historical average prices, price trends, the distribution of property types, the prices of various streets, and other information about Portsmouth, PO3.

PO3 is a relatively popular area with 554 transactions recorded in the past 12 months, which is 245.7% higher than the national average of 160. This is also 0.5% lower than the year prior which had 557 transactions.

Portsmouth, PO3 current market prices

The price growth in Portsmouth is lower than the national average, with the 2 year growth at -1.3 times the national average. Compared to other areas, PO3 is a relatively inexpensive area, with an average price -34.3% lower than the national average. The average house price in Portsmouth, PO3 is £240,197 and the average rent is £916.

PO3 Current Averages

Market characteristic PO3 district National PO3 against national
Average price £240,197 £365,598 -34.3%
Average rent £908 £916 -0.9%
Sales per month 47 14 (102,880 Total) +235.7%

PO3 Growth trends

Growth rate PO3 district National
2yr house growth -12.7% 10.1%
2yr CAGR -6.6% 4.9%
Last 12 months house price growth 2.7% 7.1%

PO3 Average Price by property type

Type Current Average Average 1 year ago Average 2 year ago Historical Average price
All properties £240,197 £233,780 £275,200 £263,349 View houses for sale in PO3
Flats £138,667 £134,296 £135,393 £118,500 View flats for sale in PO3
Detached £0 £444,000 £332,500 £260,000 View detached for sale in PO3
Semi-detached £317,500 £264,828 £242,500 £313,636 View semi-detached for sale in PO3
Terraced £273,628 £238,749 £245,315 £278,583 View terraced for sale in PO3
Bungalows N/A N/A N/A N/A View bungalows for sale in PO3

PO3 Average Rent by property type

Type Historical Average Price
All properties to rent £930 View houses for rent in PO3
Flats for rent £807 View flats for rent in PO3
Detached for rent N/A View detached for rent in PO3
Semi-detached for rent £1,200 View semi-detached for rent in PO3
Terraced for rent £954 View terraced for rent in PO3
Bungalows for rent N/A View bungalows for rent in PO3

Portsmouth, PO3 Housing Stock

Portsmouth, PO3 has a total of 9,833 properties, of which 73 are currently for sale and 21 are for rent. Excluding flats, the most common property type in PO3 is terraced with a total of 6,688 houses.

All properties in area

Type Quantity Percentage
Total properties in area 9,833 -
Total flats in area 1,500 15.3%
Total detached in area 425 4.3%
Total semi-detached in area 1,153 11.7%
Total terraced in area 6,688 68%
Total other in area 67 0.7%

All properties for sale

Type Quantity Percentage
Total properties for sale 73 - View houses for sale in PO3
Total flats for sale 5 6.8% View flats for sale in PO3
Detached for sale 1 1.4% View detached for sale in PO3
Semi-detached for sale 11 15.1% View semi-detached for sale in PO3
Terraced for sale 48 65.8% View terraced for sale in PO3
Bungalows for sale 0 0% View bungalows for sale in PO3
Other properties for sale 8 11%

All properties for rent

Type Quantity
Total properties to rent 21 View houses for rent in PO3
Total flats for rent 6 View flats for rent in PO3
Detached for rent 0 View detached for rent in PO3
Semi-detached for rent 1 View semi-detached for rent in PO3
Terraced for rent 9 View terraced for rent in PO3
Bungalows for rent 0 View bungalows for rent in PO3
Other properties for rent 5

Most and least expensive streets in Portsmouth, PO3

Portsmouth, PO3 has a total of 186 streets. The most expensive street in PO3 is Painter Close, with an average sale price of £11,820,000. The least expensive street in PO3 is Whitcombe Gardens, with an average sale price of £59,869.



Frequently asked questions

What is the rental price in Portsmouth?

The current average rental price in Portsmouth is £800 per month. Mouseprice is currently listing 21 properties to rent in Portsmouth.

Towns near Portsmouth

Towns near Portsmouth - Gosport, Hayling island, Lee-on-the-solent, Havant, Waterlooville, Emsworth, Fareham, Rowland's castle, Seaview

What schools are there in Portsmouth?

Nearby schools in Portsmouth include Copnor Primary School, Westover Primary School, Lyndhurst Junior School, College Park Infant School, Admiral Lord Nelson School

What stations are there in Portsmouth?

Nearby stations in Portsmouth include Hilsea Station, Fratton Station, Portsmouth & Southsea Station, Cosham Station, Portsmouth Harbour Station.


Notes

The data above illustrates the relative proportions different types of property in the PO3 postcode district. It is important to note that as homes are demolished and built these percentages will fluctuate accordingly. National averages are based on the most recent data available from the HM Land Registry© datasets.
Current average price and rent are based on the last month of data available.
Historical average prices are calculated using all PO3 sales since 1995.

Please note that end of terrace properties are defined as terrace, as opposed to semi detached.

CAGR: Compound Annual Growth Rate is the year-over-year growth rate of house prices over a specified period of time (in this case five years). This figure gives an indication of the returns that have been seen historically. It can also be seen as a "smoothed" rate of return.