Property Data OutlookPO1
14,467 recorded transactions · Part of Portsmouth
Compare with another area →Market outlook for PO1
Key indicators for buyers
The PO1 market is moderately favourable for buyers. Prices have softened (-59.8%), 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.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
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.
Rental trends
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.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Portsmouth price of £220,375 with a 25% deposit (£55k), a 2-year fixed mortgage at 3.97% costs around £870 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses PO1 avg. price with Portsmouth rental data
Monthly mortgage payments (£870) are £479 less than renting (£1,349). However, buying requires an upfront deposit of £55k — it would take around 5 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
63, LIVERPOOL ROAD, FRATTON PO1 5DY | Terraced | £217,500 | 26 Jan 2026 |
62, HAMPSHIRE STREET PO1 5LQ | Terraced | £215,000 | 21 Jan 2026 |
118, CHURCH ROAD PO1 1QE | Terraced | £230,000 | 14 Jan 2026 |
20, ERNEST ROAD PO1 5RB | Terraced | £219,000 | 12 Jan 2026 |
GROUND FLOOR AND BASEMENT APARTMENT, 21, HAMPSHIRE TERRACE PO1 2QB | Flat/Maisonette | £190,000 | 19 Dec 2025 |
70, GARNIER STREET PO1 1PD | Other | £325,000 | 19 Dec 2025 |
50, SHAKESPEARE ROAD, KINGSTON PO1 5LF | 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.