Housing Market Analysis for NEW ROAD, PO2 7RA

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

Overview of Sold House prices

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

Terraced
- The average price is around £113,051 median price is £125,000 Standard Deviation is £64,970 with Total Sold: 31
- The Last 5 Year average price is £240,333 with Total Sold: 3
- The most recent sale happened at this postcode is 281 NEW ROAD: £275,000 (Sold on 21 Mar 2022)
- The first recorded sale happened at this postcode is 309 NEW ROAD: £47,500 (Sold on 24 Aug 1995)
Flat
- The average price is around £72,198 median price is £58,000 Standard Deviation is £32,719 with Total Sold: 5
- The most recent sale happened at this postcode is GROUND FLOOR FLAT, 269 NEW ROAD: £121,000 (Sold on 06 Jul 2018)
- The first recorded sale happened at this postcode is 269 NEW ROAD: £36,000 (Sold on 28 Feb 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average PO2 7RA 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
2022	£275,000	£2,115	1
2021	£223,000	£1,881	2
2017	£185,000	£1,595	1
2016	£168,000	£1,527	1
2014	£173,000	£1,373	1
2012	£149,000	£1,459	1
2008	£150,500	£1,371	2
2007	£136,500	£1,165	3
2006	£160,000		1
2005	£139,667	£1,367	3
2003	£102,500		1
2001	£70,750	£740	2
1999	£56,498		2
1998	£52,938	£381	4
1997	£38,033	£533	3
1996	£44,375	£1,029	2
1995	£47,500	£381	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£121,000	£2,327	1
2005	£99,995		1
2001	£51,998		2
1997	£36,000		1

All the Sales in the NEW ROAD, PO2 7RA

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

Address	Sold Date	Price	% Change
281 NEW ROADTerraced, FreeholdArea: 130 Sq.mtrAge: 1900-1929	21 Mar 2022	£275,000	102.21%
	25 Jan 2007	£136,000	First Sale
287 NEW ROADTerraced, FreeholdArea: 121 Sq.mtrAge: 1900-1929	17 Aug 2021	£232,000	First Sale
285 NEW ROADTerraced, FreeholdArea: 116 Sq.mtrAge: 1900-1929	31 Mar 2021	£214,000	15.68%
	26 May 2017	£185,000	First Sale
GROUND FLOOR FLAT, 269 NEW ROADFlat, LeaseholdArea: 52 Sq.mtrAge: before 1900	06 Jul 2018	£121,000	First Sale
303 NEW ROADTerraced, FreeholdArea: 110 Sq.mtrAge: 1900-1929	12 Feb 2016	£168,000	20.00%
	23 Sep 2005	£140,000	First Sale
291 NEW ROADTerraced, FreeholdArea: 126 Sq.mtrAge: 1900-1929	20 Feb 2014	£173,000	38.40%
	20 Jul 2007	£125,000	121.24%
	21 Mar 1997	£56,500	First Sale
271 NEW ROADTerraced, FreeholdArea: 102.09 Sq.mtrAge: 1900-1929	02 Mar 2012	£149,000	9.56%
	17 Oct 2008	£136,000	80.13%
	14 Dec 2001	£75,500	First Sale
297 NEW ROADTerraced, FreeholdArea: 117 Sq.mtrAge: 1900-1929	14 Jul 2008	£165,000	11.11%
	16 Jun 2007	£148,500	First Sale
279 NEW ROADTerraced, Freehold	22 Sep 2006	£160,000	56.10%
279 NEW ROADTerraced, Freehold	16 Apr 2003	£102,500	First Sale
269 NEW ROADFlat, Leasehold	14 Oct 2005	£99,995	72.41%
	11 Jul 2001	£58,000	9566.67%
	25 Apr 1997	£600	-98.33%
	28 Feb 1997	£36,000	First Sale
265 NEW ROADTerraced, FreeholdArea: 102 Sq.mtrAge: 1900-1929	31 Aug 2005	£149,000	First Sale
293 NEW ROADTerraced, Freehold	12 Aug 2005	£130,000	96.97%
	22 May 2001	£66,000	13.80%
	03 Dec 1999	£57,995	6.90%
	10 Jul 1998	£54,250	First Sale
FIRST FLOOR FLAT, 269 NEW ROADFlat, Leasehold	08 Jun 2001	£45,995	First Sale
307 NEW ROADTerraced, Freehold	09 Jun 1999	£55,000	-3.51%
	28 Jan 1997	£57,000	28.09%
	29 Mar 1996	£44,500	First Sale
267 NEW ROADTerraced, FreeholdArea: 105 Sq.mtrAge: 1900-1929	29 Jul 1998	£40,000	First Sale
313 NEW ROADTerraced, Freehold	30 Apr 1998	£57,500	First Sale
305 NEW ROADTerraced, Freehold	20 Mar 1998	£60,000	First Sale
275 NEW ROADTerraced, FreeholdArea: 43 Sq.mtrAge: 1950-1966	02 Aug 1996	£44,250	First Sale
309 NEW ROADTerraced, FreeholdArea: 124.64 Sq.mtrAge: 1900-1929	24 Aug 1995	£47,500	First Sale

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

NEW ROAD, PO2 7RA Near By properties

Interactive Map

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

Terraced
- The average price is around £130,709 median price is £130,000 Standard Deviation is £64,486 with Total Sold: 7,001
- The Last 5 Year average price is £225,236 with Total Sold: 1,018
- 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 , 130 SHEARER ROAD: £49,000 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £168,072 median price is £170,000 Standard Deviation is £80,340 with Total Sold: 415
- The Last 5 Year average price is £275,158 with Total Sold: 68
- The most recent sale happened at this postcode is , 1 NEVILLE ROAD: £427,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 54 IDSWORTH ROAD: £65,000 (Sold on 10 Feb 1995)
Flat
- The average price is around £91,977 median price is £95,000 Standard Deviation is £40,221 with Total Sold: 714
- The Last 5 Year average price is £136,612 with Total Sold: 115
- The most recent sale happened at this postcode is , 28 PAIGNTON AVENUE: £340,000 (Sold on 19 Jul 2024)
- The first recorded sale happened at this postcode is , 252 QUEENS ROAD: £57,500 (Sold on 31 Jan 1995)
Other
- The average price is around £369,961 median price is £200,000 Standard Deviation is £424,480 with Total Sold: 39
- The Last 5 Year average price is £421,122 with Total Sold: 26
- The most recent sale happened at this postcode is , 3 COBDEN AVENUE: £300,000 (Sold on 19 Jan 2024)
- 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 £169,927 median price is £150,000 Standard Deviation is £85,566 with Total Sold: 22
- The Last 5 Year average price is £288,333 with Total Sold: 3
- The most recent sale happened at this postcode is , 64 GLENCOE ROAD: £290,000 (Sold on 28 May 2021)
- The first recorded sale happened at this postcode is , 64 GLENCOE ROAD: £56,500 (Sold on 12 May 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£243,792	£2,799	64
2023	£249,009	£2,819	139
2022	£253,226	£2,872	201
2021	£215,485	£2,478	241
2020	£205,949	£2,328	175
2019	£203,049	£2,347	198
2018	£200,663	£2,326	217
2017	£195,090	£2,219	223
2016	£182,320	£2,078	245
2015	£162,909	£1,859	239
2014	£154,324	£1,765	234
2013	£143,326	£1,602	170
2012	£137,478	£1,585	144
2011	£139,319	£1,582	136
2010	£137,942	£1,571	135
2009	£130,339	£1,504	153
2008	£144,761	£1,755	141
2007	£149,239	£1,756	255
2006	£141,185	£1,660	330
2005	£137,223	£1,541	283
2004	£132,255	£1,547	291
2003	£119,475	£1,412	291
2002	£98,901	£1,158	323
2001	£79,361	£920	335
2000	£70,639	£804	336
1999	£59,306	£675	358
1998	£55,057	£643	292
1997	£51,178	£581	305
1996	£46,373	£535	292
1995	£45,076	£534	255

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£404,548		2
2023	£273,028	£2,902	9
2022	£323,411	£3,333	14
2021	£273,211	£3,065	19
2020	£218,041	£2,483	6
2019	£245,412	£2,425	18
2018	£250,576	£2,612	22
2017	£241,471	£2,551	17
2016	£223,327	£2,684	13
2015	£210,143	£2,469	7
2014	£203,726	£1,978	11
2013	£173,417	£1,854	18
2012	£173,545	£1,793	11
2011	£174,340	£1,854	10
2010	£173,875	£1,909	8
2009	£166,667	£1,937	12
2008	£156,794	£1,784	10
2007	£198,760	£1,740	15
2006	£179,423	£2,084	13
2005	£154,917	£1,460	6
2004	£159,431	£1,599	22
2003	£144,194	£1,393	18
2002	£127,412	£1,454	17
2001	£94,062	£932	16
2000	£93,683	£939	18
1999	£72,497	£785	16
1998	£67,676	£728	17
1997	£66,057	£704	21
1996	£57,679	£660	14
1995	£57,633	£657	15

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£149,615	£2,735	12
2023	£132,700	£2,980	10
2022	£141,733	£2,882	30
2021	£129,800	£2,662	20
2020	£139,944	£2,269	18
2019	£128,840	£2,458	25
2018	£122,440	£2,461	24
2017	£116,024	£2,555	25
2016	£113,893	£2,016	27
2015	£102,917	£1,951	18
2014	£98,416	£1,985	37
2013	£95,333	£1,715	18
2012	£95,444	£1,692	9
2011	£100,000	£1,314	7
2010	£96,433	£1,695	15
2009	£90,741	£1,611	17
2008	£104,000	£1,559	10
2007	£113,902	£2,370	52
2006	£103,065	£1,885	43
2005	£101,014	£2,168	34
2004	£95,961	£1,709	27
2003	£79,480	£1,621	45
2002	£65,977	£1,283	23
2001	£51,564	£1,010	38
2000	£46,528	£748	29
1999	£36,958	£787	23
1998	£36,836	£683	23
1997	£34,344	£642	26
1996	£30,441	£488	12
1995	£30,011	£541	17

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£300,000		1
2023	£318,143	£3,020	7
2022	£444,000		4
2021	£145,220	£2,886	5
2020	£790,000		3
2019	£591,680	£11,499	6
2018	£310,667	£1,362	6
2017	£52,572	£135	4
2016	£227,500		2
2011	£950,000	£5,460	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£245,000	£2,532	2
2020	£375,000	£2,610	1
2016	£250,000	£1,740	1
2011	£177,000	£1,637	1
2008	£277,500	£1,678	2
2007	£131,000	£1,985	1
2006	£159,333	£1,476	3
2005	£190,725	£1,483	2
2004	£200,000	£1,143	1
2002	£134,995	£1,298	1
2001	£94,475	£732	2
1998	£96,000		1
1997	£46,748	£630	2
1996	£131,000		1
1995	£56,500	£543	1

House Type in PO2 7RA area

The most common house types in the PO2 7RA postcode area are Terraced (80), Shared house (17), and Semi-detached (8).

Total	115
Terraced	80
Shared house	17
Semi-detached	8
Detached	4
Flat	4
commercial building	2
converted 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 (43), and Private rented: Private landlord or letting agency (38).

Owned: Owns with a mortgage or loan	43
Private rented: Private landlord or letting agency	38
Owned: Owns outright	26
Private rented: Other private rented	5
Social rented: Rents from council or Local Authority	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the PO2 7RA have 2 people in household (34), and 1 person in household (27).

2 people in household	34
1 person in household	27
3 people in household	22
4 people in household	17
5 people in household	11
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0