Key indicators for buyers
The PO4 market is moderately favourable for buyers. Prices have softened (-2.7%), which could present a buying opportunity. 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 £272,938 with a 25% deposit (£68k), a 2-year fixed mortgage at 3.97% costs around £1,077 per month.
Monthly cost comparison based on current data
Uses PO4 avg. price with Portsmouth rental data
Monthly mortgage payments (£1,077) are £272 less than renting (£1,349). However, buying requires an upfront deposit of £68k — it would take around 6 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
68, MIDDLESEX ROAD PO4 8EG | Terraced | £238,000 | 23 Jan 2026 |
FLAT 3, 4, WAVERLEY GROVE PO4 0PZ | Flat/Maisonette | £154,000 | 22 Jan 2026 |
20, MINSTEAD ROAD PO4 9JP | Semi-detached | £435,000 | 22 Jan 2026 |
5, MORLEY ROAD PO4 9PD | Terraced | £310,000 | 20 Jan 2026 |
159, HASLEMERE ROAD PO4 9AW | Terraced | £255,000 | 19 Jan 2026 |
110, JUBILEE ROAD PO4 0JE | Terraced | £270,000 | 12 Jan 2026 |
25, DUNBAR ROAD, MILTON PO4 8EX | Terraced | £295,000 |
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 PO4 sold for £272,938 in 2026, with a median of £281,000 across 16 transactions. Prices fell 2.7% compared to the previous year.
| 12 Jan 2026 |
23, LEOPOLD STREET PO4 0JZ | Terraced | £287,000 | 9 Jan 2026 |
54, RINGWOOD ROAD PO4 9JL | Terraced | £295,000 | 9 Jan 2026 |
34, OLIVER ROAD PO4 9BY | Terraced | £366,500 | 9 Jan 2026 |
16, TOWPATH MEAD PO4 8LA | Terraced | £295,000 | 8 Jan 2026 |
FLAT 23, DYMOND HOUSE, GISORS ROAD PO4 8GZ | Flat/Maisonette | £87,500 | 8 Jan 2026 |
OUR LADY OF LOURDES CHURCH, BRANSBURY ROAD, EASTNEY PO4 9JY | Other | £417,000 | 8 Jan 2026 |
5, WELCH ROAD PO4 0QD | Terraced | £125,000 | 7 Jan 2026 |
67, BATH ROAD PO4 0HX | Terraced | £262,000 | 7 Jan 2026 |
105, LANDGUARD ROAD PO4 9DR | Terraced | £275,000 | 5 Jan 2026 |
17, SUTHERLAND ROAD PO4 0EY | Terraced | £230,000 | 19 Dec 2025 |
50, LIDIARD GARDENS PO4 9LE | Terraced | £261,500 | 19 Dec 2025 |
39, GRAYSHOTT ROAD PO4 8AH | Terraced | £285,000 | 19 Dec 2025 |
19, SUMMERSON LODGE, 94, ALVERSTONE ROAD PO4 8GS | Flat/Maisonette | £195,000 | 18 Dec 2025 |
The most recent recorded sale in PO4 was a terraced property on Middlesex Road for £238,000 in January 2026. Across the last 20 sales, the median price was £275,000.