Key indicators for buyers
The PO3 market is moderately favourable for buyers. Prices are rising at 26.2%, which may favour acting sooner rather than later. 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 £337,875 with a 25% deposit (£84k), a 2-year fixed mortgage at 3.97% costs around £1,333 per month.
Monthly cost comparison based on current data
Uses PO3 avg. price with Portsmouth rental data
Monthly mortgage payments (£1,333) are £16 less than renting (£1,349). However, buying requires an upfront deposit of £84k — it would take around 9 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
64, GREEN LANE PO3 5EZ | Terraced | £373,000 | 26 Jan 2026 |
14, SEATON AVENUE, COPNOR PO3 6LG | Semi-detached | £355,000 | 23 Jan 2026 |
FURNEAUX RIDDALL & CO LTD, ALCHORNE PLACE PO3 5PA | Other | £415,000 | 20 Jan 2026 |
24, CHASEWATER AVENUE PO3 6JD | Terraced | £260,000 | 19 Jan 2026 |
47, WESLEY GROVE PO3 5ER | Terraced | £275,000 | 16 Jan 2026 |
180, STRIDE AVENUE, BAFFINS PO3 6HW | Semi-detached | £450,000 | 13 Jan 2026 |
95, LICHFIELD ROAD PO3 6DF | 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 PO3 sold for £337,875 in 2026, with a median of £350,000 across 8 transactions. Prices rose 26.2% compared to the previous year.
| £230,000 |
| 12 Jan 2026 |
151, TANGIER ROAD PO3 6PG | Terraced | £345,000 | 9 Jan 2026 |
122, TANGIER ROAD PO3 6PG | Terraced | £330,000 | 19 Dec 2025 |
69, HONEYWOOD CLOSE PO3 5BW | Flat/Maisonette | £128,500 | 18 Dec 2025 |
79, FOLKESTONE ROAD, COPNOR PO3 6LP | Terraced | £270,000 | 16 Dec 2025 |
107, LANGSTONE ROAD PO3 6BS | Terraced | £318,000 | 16 Dec 2025 |
22, WILBY LANE PO3 5UF | Semi-detached | £420,000 | 16 Dec 2025 |
9, LOMBARDY HOUSE, GOVERNORS WALK PO3 6LU | Flat/Maisonette | £265,000 | 9 Dec 2025 |
62, LOVETT ROAD, COPNOR PO3 5EX | Terraced | £272,000 | 8 Dec 2025 |
68, DARTMOUTH ROAD PO3 5DU | Terraced | £225,000 | 5 Dec 2025 |
13, PAIGNTON AVENUE PO3 6LL | Semi-detached | £390,000 | 4 Dec 2025 |
11A, EBERY GROVE PO3 6HG | Flat/Maisonette | £180,000 | 2 Dec 2025 |
65, IDSWORTH ROAD PO3 6NL | Semi-detached | £388,800 | 2 Dec 2025 |
44, CHASEWATER AVENUE PO3 6JD | Terraced | £263,000 | 2 Dec 2025 |
The most recent recorded sale in PO3 was a terraced property on Green Lane for £373,000 in January 2026. Across the last 20 sales, the median price was £318,000.