Key indicators for buyers
The PO2 market is moderately favourable for buyers. Affordability has improved from a peak of 7.4x in 2021 to 6.7x today. Rising rents (£1,349/mo, +2.5%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Portsmouth area
A home in Portsmouth costs 6.7x the local median salary — moderate, improving from a peak of 7.4x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Portsmouth area
Average monthly rent in Portsmouth is £1,349, up 2.5% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Portsmouth price of £238,996 with a 25% deposit (£60k), a 2-year fixed mortgage at 3.97% costs around £943 per month.
Monthly cost comparison based on current data
Uses PO2 avg. price with Portsmouth rental data
Monthly mortgage payments (£943) are £406 less than renting (£1,349). However, buying requires an upfront deposit of £60k — it would take around 5 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
61, EMSWORTH ROAD, NORTH END PO2 0BS | Terraced | £198,000 | 23 Jan 2026 |
24, VALIANT GARDENS PO2 9NZ | Terraced | £290,000 | 20 Jan 2026 |
74, RANELAGH ROAD PO2 8HA | Terraced | £215,000 | 19 Jan 2026 |
154, CHICHESTER ROAD, NORTH END PO2 0AH | Terraced | £271,748 | 19 Jan 2026 |
61, SEYMOUR CLOSE PO2 7DA | Terraced | £225,000 | 19 Jan 2026 |
83, STRODE ROAD, STAMSHAW PO2 8PX | Terraced | £243,200 | 16 Jan 2026 |
64, SEAGROVE ROAD PO2 8AZ | Terraced |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in PO2 sold for £238,996 in 2026, with a median of £240,000 across 13 transactions. Prices fell 1.4% compared to the previous year.
| £218,000 |
| 16 Jan 2026 |
132, LYNDHURST ROAD, NORTH END PO2 0LA | Terraced | £240,000 | 14 Jan 2026 |
295, CHICHESTER ROAD, NORTH END PO2 0AW | Terraced | £245,000 | 9 Jan 2026 |
4, NESSUS STREET PO2 7HA | Flat/Maisonette | £250,000 | 8 Jan 2026 |
35, WINCHESTER ROAD PO2 7PS | Terraced | £223,000 | 6 Jan 2026 |
287, LABURNUM GROVE, NORTH END PO2 0EY | Terraced | £261,500 | 6 Jan 2026 |
27, WYMERING ROAD, NORTH END PO2 7HX | Terraced | £226,500 | 5 Jan 2026 |
300, TWYFORD AVENUE PO2 8NT | Semi-detached | £320,000 | 19 Dec 2025 |
3, CARDIFF ROAD, NORTH END PO2 8BH | Terraced | £215,000 | 19 Dec 2025 |
82, BALFOUR ROAD, NORTH END PO2 0DL | Semi-detached | £290,000 | 19 Dec 2025 |
48, PAULSGROVE ROAD, NORTH END PO2 7HR | Terraced | £250,000 | 19 Dec 2025 |
8, STRAWBERRY GREEN PO2 0AZ | Flat/Maisonette | £148,000 | 19 Dec 2025 |
143, NORTHERN PARADE PO2 9PE | Flat/Maisonette | £99,000 | 18 Dec 2025 |
52, MAGDALEN ROAD PO2 9HT | Terraced | £380,000 | 18 Dec 2025 |
The most recent recorded sale in PO2 was a terraced property on Emsworth Road for £198,000 in January 2026. Across the last 20 sales, the median price was £243,200.