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Somerstown market report PO5 2, Southsea
The PO5 2 (Somerstown) house price history in full, 1995 to 2026, in cash and in today's money. Every figure on this page comes from the public record: 6,056 sales registered with HM Land Registry in PO5 2 (Southsea) 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.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the 2026 median for PO5 2 (Southsea) is £247,500, from 44 registered sales, up 8% on five years earlier; the mean is £298,000, and by floor area homes here have averaged about £3,500 per square metre over the last five years. Behind the figures sit 6,056 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
A postcode sector like PO5 2 is a single group of streets within PO5 (Southsea), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where PO5 2 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 buyers actually paid in PO5 2
44 sales were registered in PO5 2 in 2026, and the middle one of them, the median, went for £247,500. The mean works out at £298,000, well clear of it: the mark of a market where a small number of costly homes drag the average upwards.
PO5 2 prices by floor area
Averaged across five years of sales, floor space in PO5 2 costs about £3,500 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
For scale: the England and Wales median is £285,000, so PO5 2 trades 13% below the country as a whole.
PO5 2's median sold price, 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 | £247,500 | £247,500 | 44 |
| 2025 | £261,200 | £267,446 | 106 |
| 2024 | £248,000 | £263,675 | 113 |
| 2023 | £260,000 | £285,677 | 97 |
| 2022 | £257,000 | £301,362 | 153 |
| 2021 | £230,000 | £291,210 | 178 |
| 2020 | £240,000 | £311,405 | 111 |
| 2019 | £217,500 | £285,090 | 134 |
| 2018 | £222,500 | £296,597 | 135 |
| 2017 | £199,600 | £272,234 | 176 |
| 2016 | £185,800 | £259,936 | 176 |
| 2015 | £180,000 | £254,340 | 175 |
| 2014 | £174,500 | £247,559 | 184 |
| 2013 | £165,000 | £237,419 | 131 |
| 2012 | £162,500 | £239,180 | 125 |
| 2011 | £152,500 | £230,216 | 107 |
| 2010 | £180,000 | £282,286 | 99 |
| 2009 | £150,000 | £241,126 | 131 |
| 2008 | £156,300 | £256,209 | 126 |
| 2007 | £166,500 | £282,430 | 284 |
| 2006 | £149,000 | £258,645 | 299 |
| 2005 | £153,000 | £272,278 | 243 |
| 2004 | £145,000 | £263,348 | 241 |
| 2003 | £132,000 | £243,176 | 315 |
| 2002 | £110,100 | £207,152 | 370 |
| 2001 | £86,000 | £165,331 | 325 |
| 2000 | £76,500 | £150,131 | 295 |
| 1999 | £59,200 | £117,983 | 282 |
| 1998 | £57,000 | £115,059 | 241 |
| 1997 | £56,000 | £114,845 | 259 |
| 1996 | £45,500 | £95,957 | 232 |
| 1995 | £46,000 | £99,997 | 169 |
In cash terms the typical PO5 2 home went from £46,000 in 1995 to £247,500 in 2026, roughly 5 times the price. Inflation explains only part of it: in today's money the rise is still about 148%, a genuine increase in what a home here costs. The real-terms peak came in 2020, and today's median remains roughly 21% under it: a 2020 buyer is still waiting to get that price back in today's money.
Year-on-year change in the PO5 2 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 2000 (+29.2% on the year before); the weakest, 2011 (−15.3%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −5.2% | −7.5% |
| 5 years (since 2021) | +1.5% | −3.2% |
| 10 years (since 2016) | +2.9% | −0.5% |
| 20 years (since 2006) | +2.6% | −0.2% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
Transaction volumes
How many homes change hands
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
PO5 2 recorded 44 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 297 sales a year before the financial crisis and 103 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
The shape of the PO5 2 market
Only 44 sales completed here in the last twelve months of data, which makes PO5 2 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching. Against the PO5 district median, PO5 2 sits 9% higher, marking it as a dearer pocket of the district.
The rental side of PO5 2
For renting purposes PO5 2 sits in Portsmouth. The ONS average private rent there is £1,366 a month (May 2026). The spread runs from £899 a month for a typical one-bed to £1,961 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Portsmouth
ONS Price Index of Private Rents, May 2026.
Set against the £247,500 median sold price, £1,366 a month is £16,392 a year, a gross yield of 6.6%: 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.
Common questions on PO5 2 (Somerstown)
How much did a house sell for in PO5 2 (Somerstown)?
Are property prices falling in PO5 2 (Somerstown)?
Is PO5 2 (Somerstown) a good place to buy a house?
What happens to PO5 2 prices now?
No honest page predicts prices, so this one sticks to the record: the median is up 8% over five years in cash but down 15% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
What you could buy in PO5 now
This is what you could actually buy today: 49 homes currently on the market from 7 agents publishing to HomesIndex.
These cover the whole PO5 district, not just PO5 2: live asking prices are collected per district.
40% of what is on the market here is asking below what comparable homes actually sold for. Each listing is compared with recent recorded sales of similar homes nearby.
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every PO5 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
Moving up a bedroom in PO: the cost
The Land Registry record, split by size: what each kind of home actually sold for across the PO area. 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%) | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
The spread across the PO area is the point: the same five years treated these districts very differently.
Winners and losers across the PO area, five years
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in PO5
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of PO5, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| PO5 1 | £227,000 | 33 |
| PO5 3 | £175,000 | 32 |
| PO5 4 | £273,000 | 10 |
Zoom out to the full PO5 district report for the type split, monthly volumes and how PO5 compares with its neighbours.
Selling a home in PO5 2? Price it on the evidence
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at PO5 2's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim PO5 2.
Take it further
The AI answers from the same Land Registry data this report is built on, already scoped to PO5 2. Free after a one click sign in.
See every individual PO5 2 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.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.