Local market reports › PO area › PO1
Old Portsmouth market report PO1, Portsmouth
The PO1 (Old Portsmouth) house price history in full, 1995 to 2026, in cash and in today's money. Underneath every chart here sit 13,502 registered sales in PO1 (Portsmouth) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Sales recorded to July 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the typical home in PO1 (Portsmouth) sold for £220,000 in 2026, the median of 97 registered sales, up 10% on five years earlier. The mean was £232,900, and by floor area homes here have averaged about £3,250 per square metre over the last five years. The figures cover 13,502 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
PO1 is the postcode district covering Old Portsmouth, Portsea, HMNB Portsmouth in Portsmouth. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.
Where PO1 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What PO1 homes really sell for
The PO1 median stands at £220,000 for 2026, built from 97 registered sales; the mean, the figure usually quoted as the "average house price", is £232,900, modestly above it, the usual shape of a market with an expensive tail.
PO1 prices by floor area
A square metre of PO1 home has cost about £3,250 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.
England and Wales as a whole trade at a £285,000 median, leaving PO1 23% below the national figure.
The price of a typical PO1 home, 1995 to 2026
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £220,000 | £220,000 | 97 |
| 2025 | £222,500 | £227,821 | 233 |
| 2024 | £225,000 | £239,221 | 221 |
| 2023 | £223,000 | £245,023 | 183 |
| 2022 | £220,000 | £257,975 | 304 |
| 2021 | £200,000 | £253,226 | 358 |
| 2020 | £192,000 | £249,124 | 217 |
| 2019 | £175,500 | £230,038 | 300 |
| 2018 | £180,000 | £239,943 | 379 |
| 2017 | £173,200 | £236,227 | 450 |
| 2016 | £167,500 | £234,334 | 409 |
| 2015 | £155,000 | £219,015 | 457 |
| 2014 | £146,200 | £207,410 | 434 |
| 2013 | £135,000 | £194,252 | 321 |
| 2012 | £136,000 | £200,175 | 243 |
| 2011 | £132,800 | £200,477 | 298 |
| 2010 | £140,000 | £219,556 | 322 |
| 2009 | £145,000 | £233,089 | 361 |
| 2008 | £153,000 | £250,799 | 499 |
| 2007 | £150,000 | £254,442 | 910 |
| 2006 | £134,700 | £233,822 | 646 |
| 2005 | £124,100 | £220,848 | 496 |
| 2004 | £123,300 | £223,937 | 641 |
| 2003 | £110,000 | £202,647 | 662 |
| 2002 | £97,000 | £182,505 | 699 |
| 2001 | £73,700 | £141,684 | 570 |
| 2000 | £66,500 | £130,506 | 585 |
| 1999 | £54,000 | £107,619 | 490 |
| 1998 | £50,500 | £101,938 | 476 |
| 1997 | £46,500 | £95,362 | 521 |
| 1996 | £43,700 | £92,161 | 402 |
| 1995 | £42,500 | £92,388 | 318 |
In cash terms the typical PO1 home went from £42,500 in 1995 to £220,000 in 2026, roughly 5 times the price. Adjusted for inflation it still comes to a real rise of roughly 138%, so homes here got dearer in substance, not only in cash. The real-terms peak came in 2022, and today's median remains roughly 15% under it: a 2022 buyer is still waiting to get that price back in today's money.
Year-on-year change in the PO1 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2002 (+31.6% on the year before); the weakest, 2009 (−5.2%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −1.1% | −3.4% |
| 5 years (since 2021) | +1.9% | −2.8% |
| 10 years (since 2016) | +2.8% | −0.6% |
| 20 years (since 2006) | +2.5% | −0.3% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of terraced homes dominate the record here, 58% of the typed total. In 2011, the last year both were recorded here, a detached home traded at £177,000 against £167,000 for a flat, a 6% premium.
Median by property type, PO1
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £177,000 (2011) | – | 76 |
| Semi-detached | £184,500 | 6 | 205 |
| Terraced | £228,800 | 60 | 7,721 |
| Flats | £175,000 | 31 | 5,425 |
The turnover behind the prices
The year-by-year sales count
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
Month by month, five years back
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
PO1 recorded 195 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 651 sales a year before the financial crisis and 208 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
The shape of the PO1 market
Among the 34 measurable districts of its area, PO1 ranks 33 by median price: towards the affordable end.
Rents around PO1
PO1 falls under Portsmouth, where the ONS puts the average private rent at £1,366 a month (May 2026 figures). A one-bed averages £899 a month here and a four-or-more-bed £1,961, so size does most of the work in setting the rent.
Average monthly rent by size, Portsmouth
ONS Price Index of Private Rents, May 2026.
£1,366 a month is £16,392 a year, which against the £220,000 median sold price makes a gross yield of 7.5%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
What people ask about PO1 (Old Portsmouth)
How much did a house sell for in PO1 (Old Portsmouth)?
Are property prices falling in PO1 (Old Portsmouth)?
Is PO1 (Old Portsmouth) a good place to buy a house?
Will PO1 prices rise from here?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 10% over five years in cash but down 13% 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.
What is for sale in PO1 right now
Everything above is what homes in PO1 sold for. The live side of the market holds 30 homes at the moment, listed by 6 agents publishing to HomesIndex, at a typical asking price 9% below the PO1 median sold price.
31% of what is on the market here is asking below what comparable homes actually sold for. The comparison behind each listing uses recent recorded sales of similar homes close by.
- Armory Lane, Gunwharf Quays, Portsmouth, PO1, Portsmouth
- Lion House, Portsmouth, Portsmouth
- Hampshire Street, Fratton, Portsmouth, PO1, Portsmouth
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every PO1 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
Bedroom by bedroom: PO prices by size
Real sold prices by size across the PO area, straight from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £350,000 | £475,000 (+36%) | £675,000 (+42%) | £900,000 (+33%) |
| Semi-detached | £273,250 | £305,000 (+12%) | £352,500 (+16%) | £430,000 (+22%) | £610,000 (+42%) |
| Terraced | £230,000 | £253,000 (+10%) | £290,000 (+15%) | £375,000 (+29%) | £498,750 (+33%) |
| Flat | £145,000 | £198,000 (+37%) | £290,000 (+46%) | £500,000 (+72%) | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
PO1 ranks 8 of 34 in the PO area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
PO area districts: five years of change
The biggest risers and fallers in cash terms; every row links to that district's report.
Inside PO1, sector by sector
Postcode sectors are the next slice down, each a group of streets with its own market report. Prices can differ sharply between two sectors a few minutes' walk apart.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| PO1 1 | £240,000 | 2 |
| PO1 2 | £290,000 | 23 |
| PO1 3 | £180,000 | 9 |
| PO1 4 | £225,000 | 3 |
| PO1 5 | £212,500 | 60 |
How PO1 compares nearby
Same city, different markets. The dearest districts of the PO area, and PO1 itself, which ranks 33 of 34 by median price:
| District | Median | 5-year |
|---|---|---|
| PO41 | £532,500 | +43% |
| PO18 | £460,000 | +4% |
| PO10 | £400,000 | +1% |
| PO34 | £377,500 | +4% |
| PO20 | £375,000 | +1% |
| PO8 | £360,000 | +4% |
| PO35 | £351,000 | -16% |
| PO19 | £340,000 | -7% |
| PO11 | £337,500 | -8% |
| PO14 | £335,200 | +6% |
| PO7 | £330,000 | +3% |
| PO15 | £330,000 | +1% |
| PO16 | £326,100 | +12% |
| PO22 | £320,500 | -1% |
| PO6 | £307,000 | +6% |
| PO21 | £305,000 | +3% |
| PO9 | £300,000 | +7% |
| PO31 | £292,000 | +11% |
| PO17 | £285,500 | -18% |
| PO13 | £285,000 | +13% |
| PO40 | £280,000 | -3% |
| PO3 | £275,000 | +11% |
| PO38 | £275,000 | -5% |
| PO1 (this report) | £220,000 | +10% |
Selling a home in PO1? Price it on the evidence
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in PO1, use the average prices map for a rough value: zoom from PO1's shading down to the sold homes on your own street. The figures above are every recorded PO1 sale; agents price with this same Land Registry record, and now you have it too.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim PO1.
Dig further
Behind the answers sits the same Land Registry record as this page, with PO1 already set as the subject. Free, one click sign in.
See every individual PO1 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. 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.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.