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PO local market report Portsmouth

Every figure on this page comes from the public record: 524,459 sales registered with HM Land Registry in the PO postcode area (Portsmouth) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.

Sales data to May 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

PO is the postcode area centred on Portsmouth, taking in 34 districts. Figures this wide smooth over big local differences, so use the district reports below for anywhere specific.

Where PO sits

Click the map to open PO on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

GUSPBHRHBNBADTPO
£290,000median sold price, 2026
+4%five-year change (cash)
11,065sales in the last 12 months
3.9%gross rental yield (est.)

What a home in PO sells for

The 2026 median in PO is £290,000, from 3,295 registered sales; the mean, £319,900, sits modestly above it, the usual shape of a market with an expensive tail.

For scale: the England and Wales median is £274,000, so PO trades 6% above the country as a whole.

The price of a typical PO home, 1995 to 2026

The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.

Price at the timeIn today's money (CPIH)
£125k£250k£375k£500k1995200020052010201520202026 1995: £54,500 at the time · £115,708 in today's money · 14,234 sales1996: £57,000 at the time · £117,403 in today's money · 17,754 sales1997: £60,000 at the time · £120,174 in today's money · 20,963 sales1998: £66,000 at the time · £130,114 in today's money · 19,390 sales1999: £73,000 at the time · £142,087 in today's money · 22,071 sales2000: £84,000 at the time · £161,000 in today's money · 19,513 sales2001: £96,000 at the time · £180,245 in today's money · 21,114 sales2002: £122,500 at the time · £225,100 in today's money · 22,818 sales2003: £140,000 at the time · £251,890 in today's money · 19,467 sales2004: £160,000 at the time · £283,805 in today's money · 20,204 sales2005: £162,500 at the time · £282,431 in today's money · 16,832 sales2006: £170,500 at the time · £289,054 in today's money · 21,906 sales2007: £180,000 at the time · £298,199 in today's money · 21,254 sales2008: £175,000 at the time · £280,162 in today's money · 10,773 sales2009: £170,000 at the time · £266,894 in today's money · 11,619 sales2010: £185,000 at the time · £283,352 in today's money · 11,522 sales2011: £180,000 at the time · £265,385 in today's money · 11,344 sales2012: £181,000 at the time · £260,188 in today's money · 11,805 sales2013: £186,500 at the time · £262,088 in today's money · 13,952 sales2014: £195,500 at the time · £270,873 in today's money · 17,280 sales2015: £210,000 at the time · £289,800 in today's money · 17,412 sales2016: £222,000 at the time · £303,327 in today's money · 17,599 sales2017: £237,100 at the time · £315,828 in today's money · 17,447 sales2018: £245,000 at the time · £318,962 in today's money · 16,275 sales2019: £246,000 at the time · £314,917 in today's money · 15,655 sales2020: £264,000 at the time · £334,545 in today's money · 14,068 sales2021: £280,000 at the time · £346,237 in today's money · 20,487 sales2022: £300,000 at the time · £343,568 in today's money · 16,570 sales2023: £292,400 at the time · £313,773 in today's money · 12,494 sales2024: £295,000 at the time · £306,321 in today's money · 13,737 sales2025: £297,500 at the time · £297,500 in today's money · 13,605 sales2026: £290,000 at the time · £290,000 in today's money · 3,295 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£290,000£290,0003,295
2025£297,500£297,50013,605
2024£295,000£306,32113,737
2023£292,400£313,77312,494
2022£300,000£343,56816,570
2021£280,000£346,23720,487
2020£264,000£334,54514,068
2019£246,000£314,91715,655
2018£245,000£318,96216,275
2017£237,100£315,82817,447
2016£222,000£303,32717,599
2015£210,000£289,80017,412
2014£195,500£270,87317,280
2013£186,500£262,08813,952
2012£181,000£260,18811,805
2011£180,000£265,38511,344
2010£185,000£283,35211,522
2009£170,000£266,89411,619
2008£175,000£280,16210,773
2007£180,000£298,19921,254
2006£170,500£289,05421,906
2005£162,500£282,43116,832
2004£160,000£283,80520,204
2003£140,000£251,89019,467
2002£122,500£225,10022,818
2001£96,000£180,24521,114
2000£84,000£161,00019,513
1999£73,000£142,08722,071
1998£66,000£130,11419,390
1997£60,000£120,17420,963
1996£57,000£117,40317,754
1995£54,500£115,70814,234

In cash terms the typical PO home went from £54,500 in 1995 to £290,000 in 2026, roughly 5 times the price. Even after inflation that is a real rise of about 151%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2021; the current median sits about 16% below that. Someone who bought at the 2021 peak has not yet seen that price back in real terms.

Year-on-year change in the PO median

Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.

+50% -50% 0% 1996 · +4.6% on the year before1997 · +5.3% on the year before1998 · +10.0% on the year before1999 · +10.6% on the year before2000 · +15.1% on the year before2001 · +14.3% on the year before2002 · +27.6% on the year before2003 · +14.3% on the year before2004 · +14.3% on the year before2005 · +1.6% on the year before2006 · +4.9% on the year before2007 · +5.6% on the year before2008 · −2.8% on the year before2009 · −2.9% on the year before2010 · +8.8% on the year before2011 · −2.7% on the year before2012 · +0.6% on the year before2013 · +3.0% on the year before2014 · +4.8% on the year before2015 · +7.4% on the year before2016 · +5.7% on the year before2017 · +6.8% on the year before2018 · +3.3% on the year before2019 · +0.4% on the year before2020 · +7.3% on the year before2021 · +6.1% on the year before2022 · +7.1% on the year before2023 · −2.5% on the year before2024 · +0.9% on the year before2025 · +0.8% on the year before2026 · −2.5% on the year before200020052010201520202026

The strongest year on record here is 2002 (+27.6% on the year before); the weakest, 2009 (−2.9%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Annualised returns

PeriodCash, per yearReal terms, per year
1 years (since 2025)−2.5%−2.5%
5 years (since 2021)+0.7%−3.5%
10 years (since 2016)+2.7%−0.4%
20 years (since 2006)+2.7%0.0%

Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.

Transaction volumes

How many homes change hands

Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.

13k25k 1995: 14,234 sales1996: 17,754 sales1997: 20,963 sales1998: 19,390 sales1999: 22,071 sales2000: 19,513 sales2001: 21,114 sales2002: 22,818 sales2003: 19,467 sales2004: 20,204 sales2005: 16,832 sales2006: 21,906 sales2007: 21,254 sales2008: 10,773 sales2009: 11,619 sales2010: 11,522 sales2011: 11,344 sales2012: 11,805 sales2013: 13,952 sales2014: 17,280 sales2015: 17,412 sales2016: 17,599 sales2017: 17,447 sales2018: 16,275 sales2019: 15,655 sales2020: 14,068 sales2021: 20,487 sales2022: 16,570 sales2023: 12,494 sales2024: 13,737 sales2025: 13,605 sales2026: 3,295 sales1995200020052010201520202026

The last five years, month by month

Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.

2,5005,000 June 2021 · 3,031 sales registeredJuly 2021 · 1,005 sales registeredAugust 2021 · 1,405 sales registeredSeptember 2021 · 2,489 sales registeredOctober 2021 · 998 sales registeredNovember 2021 · 1,164 sales registeredDecember 2021 · 1,352 sales registeredJanuary 2022 · 1,079 sales registeredFebruary 2022 · 1,265 sales registeredMarch 2022 · 1,510 sales registeredApril 2022 · 1,339 sales registeredMay 2022 · 1,271 sales registeredJune 2022 · 1,404 sales registeredJuly 2022 · 1,441 sales registeredAugust 2022 · 1,513 sales registeredSeptember 2022 · 1,524 sales registeredOctober 2022 · 1,408 sales registeredNovember 2022 · 1,474 sales registeredDecember 2022 · 1,342 sales registeredJanuary 2023 · 942 sales registeredFebruary 2023 · 916 sales registeredMarch 2023 · 1,138 sales registeredApril 2023 · 830 sales registeredMay 2023 · 888 sales registeredJune 2023 · 1,129 sales registeredJuly 2023 · 1,053 sales registeredAugust 2023 · 1,210 sales registeredSeptember 2023 · 1,169 sales registeredOctober 2023 · 1,087 sales registeredNovember 2023 · 1,105 sales registeredDecember 2023 · 1,027 sales registeredJanuary 2024 · 804 sales registeredFebruary 2024 · 917 sales registeredMarch 2024 · 1,071 sales registeredApril 2024 · 844 sales registeredMay 2024 · 1,175 sales registeredJune 2024 · 1,058 sales registeredJuly 2024 · 1,257 sales registeredAugust 2024 · 1,317 sales registeredSeptember 2024 · 1,217 sales registeredOctober 2024 · 1,442 sales registeredNovember 2024 · 1,348 sales registeredDecember 2024 · 1,287 sales registeredJanuary 2025 · 1,012 sales registeredFebruary 2025 · 1,118 sales registeredMarch 2025 · 2,121 sales registeredApril 2025 · 597 sales registeredMay 2025 · 987 sales registeredJune 2025 · 1,120 sales registeredJuly 2025 · 1,193 sales registeredAugust 2025 · 1,196 sales registeredSeptember 2025 · 1,055 sales registeredOctober 2025 · 1,199 sales registeredNovember 2025 · 1,064 sales registeredDecember 2025 · 943 sales registeredJanuary 2026 · 732 sales registeredFebruary 2026 · 762 sales registeredMarch 2026 · 805 sales registeredApril 2026 · 682 sales registeredMay 2026 · 314 sales registered

PO recorded 11,065 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 20,389 sales a year before the financial crisis and 11,940 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.

What homes rent for around PO

PO falls under Isle of Wight, the local authority covering most of the PO area (parts fall under Portsmouth and Chichester, where rents differ), where the ONS puts the average private rent at £946 a month (May 2026 figures). A one-bed averages £659 a month here and a four-or-more-bed £1,508, so size does most of the work in setting the rent.

Average monthly rent by size, Isle of Wight

ONS Price Index of Private Rents, May 2026.

1 bed: £659 a month£6591 bed2 bed: £867 a month£8672 bed3 bed: £1,082 a month£1,0823 bed4+ bed: £1,508 a month£1,5084+ bed

Set against the £290,000 median sold price, £946 a month is £11,352 a year, a gross yield of 3.9%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.

Will PO prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 4% over five years in cash but down 16% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.

Ladders and snakes: five-year risers and fallers

The spread across the PO area is the point: the same five years treated these districts very differently.

Five-year change in the median, PO area districts

The biggest risers and fallers in cash terms; every row links to that district's report.

PO31PO31 · +15% over five years · median £290,000+15%PO3PO3 · +15% over five years · median £275,000+15%PO4PO4 · +15% over five years · median £275,000+15%PO18PO18 · +14% over five years · median £497,500+14%PO2PO2 · +12% over five years · median £235,500+12%PO11PO11 · −13% over five years · median £310,000−13%PO39PO39 · −13% over five years · median £243,800−13%PO36PO36 · −13% over five years · median £212,500−13%PO37PO37 · −16% over five years · median £223,000−16%PO17PO17 · −19% over five years · median £280,000−19%

District by district

The area medians above hide a lot. Here is every PO district with enough sales to measure, dearest first; each links to its own full report.

DistrictMedian (2026)5-yearSales
PO18 Bosham, Boxgrove£497,500+14%38
PO35 Bembridge, Whitecliff Bay£440,000+11%17
PO41 Yarmouth£400,000+1%41
PO8 Clanfield, Cowplain£376,000+11%141
PO10 Emsworth, Southbourne£375,000-5%63
PO34 Seaview, No Man's Land Fort£375,000+4%15
PO20 Selsey, West Wittering£357,500-2%162
PO15 Fareham, Titchfield£350,000+8%105
PO14 Fareham, Hill Head£340,000+9%135
PO7 Waterlooville, Denmead£335,000+6%174
PO22 Bognor Regis, Barnham£326,200+2%146
PO19 Chichester, Fishbourne£322,500-11%119
PO16 Portchester£318,000+10%139
PO11 Hayling Island£310,000-13%63
PO6 Farlington, Drayton£306,000+7%105
PO9£290,000+7%163
PO21 Bognor Regis, Aldwick£290,000+0%190
PO31 Cowes, Gurnard£290,000+15%55
PO13£282,000+12%121
PO17 Wickham£280,000-19%20
PO3 Hilsea (including Anchorage Park), Copnor£275,000+15%81
PO4 Milton, Eastney£275,000+15%184
PO38 Ventnor£274,000-4%49
PO40 Freshwater£272,500-1%18
PO39 Totland Bay, Alum Bay£243,800-13%8
PO30 Newport£236,000+7%138
PO2 Kingston, Rudmore£235,500+12%144
PO33 Ryde, St Helens Fort£230,000+1%160
PO5 Southsea, Somerstown£229,500+9%92
PO37 Shanklin£223,000-16%53
PO32 East Cowes, Whippingham£220,000+11%34
PO12 Gosport, Alverstoke£219,000+1%213
PO36 Sandown£212,500-13%78
PO1 Old Portsmouth, Portsea£210,000+6%70

Dig further

See every individual PO sale on the live map, mapped to the exact address, or the quick-reference PO price page. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.

How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.