Property Data OutlookPO4
29,376 recorded transactions · Part of Portsmouth
Compare with another area →Market outlook for PO4
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.
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 £272,938 with a 25% deposit (£68k), a 2-year fixed mortgage at 3.97% costs around £1,077 per month.
Rent vs buy snapshot
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.
Recent sales
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.