Housing Market Analysis for WALLACE ROAD, PO2 7LA

Are you looking to understand PO2 7LA 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 PO2 7LA area, explore the PO2 7LA Area information page.
For comprehensive crime statistics in the PO2 7LA area, explore the PO2 7LA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PO2 7LA postcode area, The average prices are as follows,

Terraced
- The average price is around £152,516 median price is £160,000 Standard Deviation is £67,189 with Total Sold: 51
- The Last 5 Year average price is £239,883 with Total Sold: 12
- The most recent sale happened at this postcode is 2 WALLACE ROAD: £283,600 (Sold on 11 Aug 2023)
- The first recorded sale happened at this postcode is 52 WALLACE ROAD: £45,500 (Sold on 13 Nov 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average PO2 7LA 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£291,800	£2,903	2
2022	£285,000	£2,938	1
2021	£225,000	£2,170	5
2020	£222,500	£2,124	2
2019	£220,000	£2,091	2
2016	£205,000	£2,050	1
2015	£189,333	£1,796	3
2014	£158,125	£1,571	4
2013	£170,000	£1,523	1
2012	£155,000	£1,566	1
2011	£152,500	£1,438	2
2010	£130,000	£1,204	1
2008	£170,750	£1,625	2
2007	£163,500	£1,524	2
2006	£165,250	£1,653	2
2005	£148,165	£1,396	3
2004	£120,000	£1,212	1
2003	£135,750	£1,370	2
2002	£117,000	£1,170	1
2001	£85,500	£727	2
1999	£62,248	£609	3
1998	£54,332	£522	3
1997	£57,248	£554	2
1996	£50,750	£482	2
1995	£45,500		1

All the Sales in the WALLACE ROAD, PO2 7LA

See the table below for more details on the sold house prices in the PO2 7LA, Portsmouth postcode.

Address	Sold Date	Price	% Change
2 WALLACE ROADTerraced, FreeholdArea: 100 Sq.mtrAge: 1900-1929	11 Aug 2023	£283,600	23.30%
	30 Sep 2019	£230,000	12.20%
	08 Aug 2016	£205,000	28.93%
	01 Feb 2008	£159,000	211.76%
	25 Apr 1996	£51,000	First Sale
30 WALLACE ROADTerraced, FreeholdArea: 101 Sq.mtrAge: 1900-1929	04 Aug 2023	£300,000	30.43%
	06 Aug 2021	£230,000	First Sale
12 WALLACE ROADTerraced, FreeholdArea: 97 Sq.mtrAge: 1900-1929	09 Dec 2022	£285,000	101.41%
	27 Nov 2003	£141,500	130.08%
	28 May 1999	£61,500	First Sale
8 WALLACE ROADTerraced, FreeholdArea: 108 Sq.mtrAge: 1900-1929	08 Oct 2021	£235,000	80.77%
	29 Oct 2010	£130,000	First Sale
46 WALLACE ROADTerraced, FreeholdArea: 100 Sq.mtrAge: 1900-1929	24 Sep 2021	£235,000	100.85%
	16 Aug 2002	£117,000	First Sale
26 WALLACE ROADTerraced, FreeholdArea: 105 Sq.mtrAge: 1900-1929	30 Jul 2021	£190,000	216.69%
	12 Sep 1997	£59,995	First Sale
20 WALLACE ROADTerraced, FreeholdArea: 105 Sq.mtrAge: 1900-1929	29 Jan 2021	£235,000	25.33%
	19 Feb 2015	£187,500	29.31%
	30 Jan 2014	£145,000	0.0
	12 Dec 2005	£145,000	93.35%
	12 Nov 1999	£74,995	49.24%
	07 Jul 1999	£50,250	First Sale
42 WALLACE ROADTerraced, FreeholdArea: 99 Sq.mtrAge: 1900-1929	09 Nov 2020	£235,000	41.14%
	19 Sep 2014	£166,500	7.42%
	31 Oct 2012	£155,000	-7.46%
	07 Jul 2006	£167,500	39.58%
	04 May 2004	£120,000	First Sale
34 WALLACE ROADTerraced, FreeholdArea: 112 Sq.mtrAge: 1900-1929	14 Feb 2020	£210,000	29.63%
	19 Oct 2007	£162,000	First Sale
44 WALLACE ROADTerraced, FreeholdArea: 111.6 Sq.mtrAge: 1900-1929	01 Aug 2019	£210,000	23.53%
	29 Nov 2013	£170,000	17.24%
	01 Jul 2011	£145,000	First Sale
48 WALLACE ROADTerraced, FreeholdArea: 101.47 Sq.mtrAge: 1900-1929	29 Oct 2015	£185,500	15.94%
	02 Dec 2011	£160,000	23.08%
	01 Aug 2003	£130,000	138.53%
	23 May 1997	£54,500	First Sale
38 WALLACE ROADTerraced, FreeholdArea: 110 Sq.mtrAge: 1900-1929	24 Aug 2015	£195,000	6.85%
	03 Jun 2008	£182,500	128.12%
	19 Oct 2001	£80,000	First Sale
32 WALLACE ROADTerraced, FreeholdArea: 96 Sq.mtrAge: 1900-1929	12 Nov 2014	£147,000	First Sale
14 WALLACE ROADTerraced, FreeholdArea: 103 Sq.mtrAge: 1900-1929	24 Sep 2014	£174,000	5.45%
	14 Dec 2007	£165,000	20.00%
	03 May 2005	£137,500	First Sale
40 WALLACE ROADTerraced, FreeholdArea: 101 Sq.mtrAge: 1950-1966	28 Sep 2006	£163,000	First Sale
16 WALLACE ROADTerraced, FreeholdArea: 110 Sq.mtrAge: 1900-1929	05 Sep 2005	£161,995	First Sale
52 WALLACE ROADTerraced, Freehold	21 Sep 2001	£91,000	100.00%
52 WALLACE ROADTerraced, Freehold	13 Nov 1995	£45,500	First Sale
50 WALLACE ROADTerraced, FreeholdArea: 111 Sq.mtrAge: 1900-1929	22 Dec 1998	£59,995	18.80%
	06 Dec 1996	£50,500	First Sale
24 WALLACE ROADTerraced, FreeholdArea: 106 Sq.mtrAge: 1900-1929	21 Aug 1998	£48,000	First Sale
36 WALLACE ROADTerraced, FreeholdArea: 96 Sq.mtrAge: 1900-1929	24 Jul 1998	£55,000	First Sale

Check out the sold house prices near the PO2 7LA postcode. Properties currently for saleProperties currently for rent

WALLACE ROAD, PO2 7LA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PO2 7LA 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 PO2 7LA postcode.

Terraced
- The average price is around £129,771 median price is £130,000 Standard Deviation is £63,939 with Total Sold: 8,104
- The Last 5 Year average price is £224,383 with Total Sold: 1,151
- The most recent sale happened at this postcode is , 5 WALLACE ROAD: £280,000 (Sold on 16 Sep 2024)
- The first recorded sale happened at this postcode is , 54 BINSTEED ROAD: £43,000 (Sold on 04 Jan 1995)
Semi-Detached
- The average price is around £171,419 median price is £169,500 Standard Deviation is £81,706 with Total Sold: 440
- The Last 5 Year average price is £284,493 with Total Sold: 64
- The most recent sale happened at this postcode is , 133 LABURNUM GROVE: £362,500 (Sold on 27 Aug 2024)
- The first recorded sale happened at this postcode is , 5 KENYON ROAD: £55,000 (Sold on 12 Jan 1995)
Flat
- The average price is around £92,583 median price is £95,500 Standard Deviation is £40,770 with Total Sold: 1,063
- The Last 5 Year average price is £141,086 with Total Sold: 165
- The most recent sale happened at this postcode is , 171B POWERSCOURT ROAD: £123,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 136 LABURNUM GROVE: £41,800 (Sold on 16 Jan 1995)
Other
- The average price is around £366,696 median price is £160,000 Standard Deviation is £659,230 with Total Sold: 51
- The Last 5 Year average price is £465,468 with Total Sold: 28
- The most recent sale happened at this postcode is 3, THE OLD FORGE, 2A PAULSGROVE ROAD: £157,000 (Sold on 22 Nov 2023)
- The first recorded sale happened at this postcode is , 51 COPNOR ROAD: £950,000 (Sold on 22 Jul 2011)
Detached
- The average price is around £167,255 median price is £152,000 Standard Deviation is £92,831 with Total Sold: 35
- The Last 5 Year average price is £310,750 with Total Sold: 4
- The most recent sale happened at this postcode is , 68 KENSINGTON ROAD: £393,000 (Sold on 19 Aug 2022)
- The first recorded sale happened at this postcode is , TILLY WHIM WINCHESTER ROAD: £60,000 (Sold on 13 Apr 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£236,864	£2,633	78
2023	£249,411	£2,736	160
2022	£250,601	£2,753	213
2021	£219,200	£2,416	269
2020	£208,246	£2,289	199
2019	£198,707	£2,258	232
2018	£201,212	£2,275	244
2017	£194,348	£2,150	253
2016	£181,328	£2,035	254
2015	£167,075	£1,831	281
2014	£152,748	£1,721	255
2013	£145,788	£1,592	210
2012	£135,393	£1,533	170
2011	£139,971	£1,562	151
2010	£138,486	£1,543	168
2009	£130,761	£1,486	169
2008	£146,450	£1,701	174
2007	£151,182	£1,734	295
2006	£141,906	£1,632	368
2005	£136,484	£1,522	312
2004	£132,430	£1,524	337
2003	£120,824	£1,379	335
2002	£99,289	£1,155	386
2001	£81,559	£918	370
2000	£70,785	£799	416
1999	£60,480	£676	431
1998	£55,635	£634	365
1997	£52,039	£583	375
1996	£46,491	£532	350
1995	£45,591	£523	284

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£321,419		5
2023	£266,973	£3,099	11
2022	£329,308	£3,222	13
2021	£285,571	£2,711	14
2020	£262,392	£2,888	7
2019	£253,429	£2,443	14
2018	£252,633	£2,611	21
2017	£244,856	£2,444	18
2016	£236,015	£2,451	16
2015	£215,125	£2,240	16
2014	£201,558	£1,904	17
2013	£183,583	£1,805	23
2012	£173,140	£1,734	15
2011	£153,714	£1,615	14
2010	£165,250	£1,626	10
2009	£169,042	£2,014	12
2008	£158,883	£1,487	9
2007	£181,400	£1,708	21
2006	£168,997	£2,039	14
2005	£161,750	£1,651	7
2004	£155,879	£1,689	22
2003	£138,799	£1,383	15
2002	£129,471	£1,362	17
2001	£96,469	£1,026	18
2000	£92,174	£935	10
1999	£71,094	£764	16
1998	£63,082	£740	24
1997	£63,344	£741	16
1996	£60,079	£520	15
1995	£53,275	£418	10

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£150,337	£2,875	13
2023	£152,327	£2,749	27
2022	£153,227	£2,768	44
2021	£135,985	£2,414	34
2020	£125,364	£2,261	22
2019	£123,540	£2,387	25
2018	£127,624	£2,366	45
2017	£113,973	£2,331	37
2016	£116,319	£2,072	37
2015	£105,514	£1,901	35
2014	£96,498	£2,026	36
2013	£93,544	£1,824	23
2012	£102,273	£1,750	11
2011	£98,714	£1,358	7
2010	£99,357	£1,731	28
2009	£87,352	£1,593	23
2008	£108,428	£2,067	28
2007	£111,181	£2,168	81
2006	£103,350	£1,930	55
2005	£98,595	£1,983	42
2004	£96,118	£1,698	42
2003	£85,314	£1,534	56
2002	£73,052	£1,307	46
2001	£53,048	£993	56
2000	£47,028	£807	41
1999	£38,965	£718	40
1998	£37,338	£670	38
1997	£35,145	£613	44
1996	£31,224	£513	28
1995	£32,039	£555	19

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£273,833	£2,305	6
2022	£342,694	£2,276	5
2021	£193,830	£2,492	3
2020	£115,350	£988	4
2019	£863,374	£25,111	10
2018	£269,750	£1,681	6
2017	£61,407	£197	12
2016	£231,500	£278	2
2011	£950,000	£6,960	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£371,500	£2,934	2
2021	£250,000	£2,381	2
2018	£218,000	£2,970	2
2016	£200,000	£2,062	1
2015	£320,000	£2,388	1
2014	£220,000	£2,292	1
2012	£205,000	£1,817	1
2008	£305,000		1
2007	£188,667	£1,902	3
2006	£155,000	£1,476	1
2004	£310,000	£6,366	1
2003	£172,333	£1,365	3
2002	£120,000	£984	1
2001	£102,475	£954	2
1999	£120,000		1
1998	£90,116	£705	4
1997	£57,165	£648	3
1996	£98,000	£570	2
1995	£68,000	£607	3

House Type in PO2 7LA area

The most common house types in the PO2 7LA postcode area are Terraced (121), Semi-detached (3), and Detached (1).

Total	125
Terraced	121
Semi-detached	3
Detached	1
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (44), and Owned: Owns outright (42).

Owned: Owns with a mortgage or loan	44
Owned: Owns outright	42
Private rented: Private landlord or letting agency	35
Private rented: Other private rented	3
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the PO2 7LA have 2 people in household (35), and 3 people in household (33).

2 people in household	35
3 people in household	33
4 people in household	24
1 person in household	20
5 people in household	8
6 people in household	3
7 people in household	1
0 people in household	0
8 or more people in household	0