Housing Market Analysis for MERCHANTS ROW, PO1 2PL

Are you looking to understand PO1 2PL house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Portsmouth postcode.

For the location information and nearby amenities in the PO1 2PL area, explore the PO1 2PL Area information page.
For comprehensive crime statistics in the PO1 2PL area, explore the PO1 2PL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PO1 2PL postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £431,667 median price is £397,500 Standard Deviation is £128,474 with Total Sold: 6
    • The Last 5 Year average price is £680,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 MERCHANTS ROW: £680,000 (Sold on 01 Apr 2022)
    • The first recorded sale happened at this postcode is 2 MERCHANTS ROW: £290,000 (Sold on 29 May 2002)
  • Detached
    • The average price is around £130,000 median price is £130,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 MERCHANTS ROW: £130,000 (Sold on 21 Apr 1995)
    • The first recorded sale happened at this postcode is 4 MERCHANTS ROW: £130,000 (Sold on 21 Apr 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average PO1 2PL house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£680,000 £4,331 1
2016£415,000 £3,369 1
2014£495,000 £3,898 1
2006£380,000 £2,992 1
2002£310,000 £2,263 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1995£130,0001

All the Sales in the MERCHANTS ROW, PO1 2PL

See the table below for more details on the sold house prices in the PO1 2PL, Portsmouth postcode.

AddressSold DatePrice% Change
2 MERCHANTS ROWTerraced, FreeholdArea: 157 Sq.mtrAge: 1991-199501 Apr 2022£680,000134.48%
29 May 2002£290,000First Sale
3 MERCHANTS ROWTerraced, FreeholdArea: 123.2 Sq.mtrAge: 1976-198229 Mar 2016£415,00025.76%
14 Oct 2002£330,000First Sale
5 MERCHANTS ROWTerraced, FreeholdArea: 127 Sq.mtrAge: 1983-199003 Sep 2014£495,00030.26%
08 Dec 2006£380,000First Sale
4 MERCHANTS ROWDetached, Freehold21 Apr 1995£130,000First Sale

Check out the sold house prices near the PO1 2PL postcode. Properties currently for saleProperties currently for rent

MERCHANTS ROW, PO1 2PL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PO1 2PL postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the PO1 2PL postcode.

  • Flat
    • The average price is around £235,310 median price is £217,500 Standard Deviation is £132,766 with Total Sold: 2,405
    • The Last 5 Year average price is £323,258 with Total Sold: 279
    • The most recent sale happened at this postcode is FLAT 88, THE CRESCENT BUILDING GUNWHARF QUAYS: £176,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 2, THE RELDAS HIGH STREET: £29,500 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £299,487 median price is £268,000 Standard Deviation is £179,689 with Total Sold: 883
    • The Last 5 Year average price is £526,584 with Total Sold: 120
    • The most recent sale happened at this postcode is , 34 BEEHIVE WALK: £322,000 (Sold on 05 Sep 2024)
    • The first recorded sale happened at this postcode is , 5 ST THOMASS COURT: £88,500 (Sold on 10 Feb 1995)
  • Other
    • The average price is around £841,045 median price is £290,000 Standard Deviation is £1,434,781 with Total Sold: 35
    • The Last 5 Year average price is £851,804 with Total Sold: 19
    • The most recent sale happened at this postcode is , 19 ST GEORGES ROAD: £1,457,690 (Sold on 06 Jun 2024)
    • The first recorded sale happened at this postcode is , 102 BROAD STREET: £1,159,325 (Sold on 31 Oct 2013)
  • Semi-Detached
    • The average price is around £252,970 median price is £239,500 Standard Deviation is £147,286 with Total Sold: 89
    • The Last 5 Year average price is £473,020 with Total Sold: 5
    • The most recent sale happened at this postcode is , 23 ST THOMASS STREET: £376,500 (Sold on 04 Jul 2023)
    • The first recorded sale happened at this postcode is , 23 BLOUNT ROAD: £109,000 (Sold on 10 Feb 1995)
  • Detached
    • The average price is around £316,106 median price is £300,000 Standard Deviation is £168,259 with Total Sold: 65
    • The Last 5 Year average price is £572,500 with Total Sold: 4
    • The most recent sale happened at this postcode is , 33 PEMBROKE ROAD: £790,000 (Sold on 30 Sep 2022)
    • The first recorded sale happened at this postcode is , 54 HIGH STREET: £291,579 (Sold on 09 Jan 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£386,617 £4,000 21
2023£359,519 £4,308 27
2022£327,433 £4,375 46
2021£317,324 £4,159 77
2020£335,824 £4,624 55
2019£271,641 £4,039 53
2018£292,009 £4,054 64
2017£315,349 £4,288 78
2016£267,154 £3,897 98
2015£253,435 £3,558 95
2014£248,483 £3,494 103
2013£252,729 £3,223 62
2012£253,257 £2,981 62
2011£256,143 £3,358 70
2010£301,616 £3,521 83
2009£275,416 £3,368 77
2008£253,316 £4,172 89
2007£211,380 £3,901 236
2006£232,513 £3,390 165
2005£261,154 £3,378 71
2004£250,277 £2,951 110
2003£241,654 £2,784 95
2002£214,170 £2,303 179
2001£154,429 £1,979 92
2000£133,567 £1,735 86
1999£104,937 £1,300 40
1998£89,402 £1,199 65
1997£75,523 £984 44
1996£63,385 £1,032 34
1995£61,058 £880 28
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£460,946 £5,440 9
2023£605,250 £4,827 12
2022£554,705 £4,967 22
2021£584,297 £4,662 34
2020£451,479 £4,370 24
2019£467,026 £4,160 19
2018£427,250 £4,363 30
2017£470,795 £4,674 22
2016£457,499 £3,992 19
2015£391,029 £3,643 32
2014£400,439 £3,201 38
2013£351,756 £2,949 35
2012£302,050 £3,238 19
2011£318,208 £2,695 19
2010£328,269 £2,761 13
2009£262,417 £2,624 12
2008£330,733 £2,701 15
2007£343,125 £2,992 40
2006£324,765 £2,701 32
2005£241,975 £2,625 30
2004£302,280 £2,705 44
2003£298,693 £2,444 29
2002£218,643 £2,118 52
2001£212,725 £1,779 31
2000£198,520 £1,564 52
1999£142,386 £1,258 40
1998£131,308 £1,139 32
1997£121,339 £1,136 53
1996£100,743 £962 45
1995£93,052 £988 29
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,457,6901
2023£900,0002
2022£939,0001
2021£222,683 £3,620 6
2020£968,750 £3,431 4
2019£1,355,296 £2,104 5
2018£425,000 £3,837 2
2017£242,000 £3,052 5
2016£265,0002
2015£754,2504
2014£3,242,999 £2,351 2
2013£1,159,3251
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£376,5001
2021£405,000 £4,641 2
2020£485,000 £3,619 1
2019£693,598 £5,318 1
2018£509,000 £4,097 2
2014£250,000 £3,731 1
2013£438,333 £3,080 3
2012£450,000 £3,603 2
2010£405,000 £3,079 3
2009£289,700 £2,348 5
2008£303,333 £2,500 3
2007£303,571 £3,612 7
2006£287,500 £2,881 3
2005£301,286 £2,704 7
2004£265,500 £2,329 4
2003£172,750 £3,275 2
2002£247,500 £2,110 8
2001£220,166 £1,670 9
2000£177,500 £2,963 2
1999£128,333 £1,290 3
1998£107,364 £1,272 5
1997£105,982 £1,741 5
1996£79,500 £744 7
1995£88,000 £813 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£586,667 £5,386 3
2020£530,000 £4,492 1
2018£550,000 £3,901 1
2017£490,833 £4,104 3
2015£281,667 £4,718 3
2014£630,000 £4,846 1
2011£535,000 £2,992 1
2010£337,500 £2,874 2
2009£392,500 £3,190 3
2008£625,000 £3,698 1
2007£349,750 £3,238 8
2006£405,000 £3,971 1
2005£448,333 £3,568 3
2004£297,500 £2,728 6
2003£382,0002
2002£325,000 £2,759 2
2001£360,000 £3,057 2
2000£270,0001
1999£265,000 £2,120 1
1998£168,000 £1,088 2
1997£156,875 £1,109 4
1996£122,000 £981 4
1995£129,342 £939 10

House Type in PO1 2PL area

The most common house types in the PO1 2PL postcode area are Terraced (55), Flat (36), and converted building (6).

Total115
Terraced55
Flat36
converted building6
commercial building6
Semi-detached5
Detached4
Shared house3
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (57), and Owned: Owns with a mortgage or loan (29).

Owned: Owns outright57
Owned: Owns with a mortgage or loan29
Private rented: Private landlord or letting agency19
Private rented: Other private rented7
Shared ownership: Shared ownership1
Social rented: Other social rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the PO1 2PL have 2 people in household (47), and 1 person in household (41).

2 people in household47
1 person in household41
3 people in household17
4 people in household5
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0