Housing Market Analysis for MERZ CLOSE, PO6 2LF

Are you looking to understand PO6 2LF 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 PO6 2LF area, explore the PO6 2LF Area information page.
For comprehensive crime statistics in the PO6 2LF area, explore the PO6 2LF Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PO6 2LF postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £231,196 median price is £222,995 Standard Deviation is £20,490 with Total Sold: 5
    • The Last 5 Year average price is £272,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 MERZ CLOSE: £272,000 (Sold on 09 Sep 2020)
    • The first recorded sale happened at this postcode is 5 MERZ CLOSE: £219,995 (Sold on 22 Apr 2016)
  • Semi-Detached
    • The average price is around £268,995 median price is £268,995 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 MERZ CLOSE: £268,995 (Sold on 21 Jun 2016)
    • The first recorded sale happened at this postcode is 2 MERZ CLOSE: £268,995 (Sold on 21 Jun 2016)
  • Detached
    • The average price is around £269,995 median price is £269,995 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 MERZ CLOSE: £269,995 (Sold on 21 Jun 2016)
    • The first recorded sale happened at this postcode is 1 MERZ CLOSE: £269,995 (Sold on 21 Jun 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average PO6 2LF 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
2020£272,000 £3,532 1
2016£220,995 £2,870 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£268,995 £3,202 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£269,995 £3,214 1

All the Sales in the MERZ CLOSE, PO6 2LF

See the table below for more details on the sold house prices in the PO6 2LF, Portsmouth postcode.

AddressSold DatePrice% Change
3 MERZ CLOSETerraced, LeaseholdArea: 77 Sq.mtr09 Sep 2020£272,00021.98%
28 Apr 2016£222,995First Sale
2 MERZ CLOSESemi-Detached, LeaseholdArea: 84 Sq.mtr21 Jun 2016£268,995First Sale
1 MERZ CLOSEDetached, LeaseholdArea: 84 Sq.mtr21 Jun 2016£269,995First Sale
4 MERZ CLOSETerraced, LeaseholdArea: 77 Sq.mtr29 Apr 2016£217,995First Sale
6 MERZ CLOSETerraced, LeaseholdArea: 77 Sq.mtr28 Apr 2016£222,995First Sale
5 MERZ CLOSETerraced, LeaseholdArea: 77 Sq.mtr22 Apr 2016£219,995First Sale

Check out the sold house prices near the PO6 2LF postcode. Properties currently for saleProperties currently for rent

MERZ CLOSE, PO6 2LF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PO6 2LF 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 PO6 2LF postcode.

  • Flat
    • The average price is around £94,463 median price is £96,000 Standard Deviation is £42,882 with Total Sold: 223
    • The Last 5 Year average price is £148,491 with Total Sold: 29
    • The most recent sale happened at this postcode is , 12 STROUDLEY AVENUE: £147,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 403 HAWTHORN CRESCENT: £35,000 (Sold on 31 Mar 1995)
  • Semi-Detached
    • The average price is around £211,318 median price is £212,000 Standard Deviation is £97,335 with Total Sold: 448
    • The Last 5 Year average price is £344,959 with Total Sold: 86
    • The most recent sale happened at this postcode is , 132 LOWER DRAYTON LANE: £392,500 (Sold on 10 Sep 2024)
    • The first recorded sale happened at this postcode is , 35 LOWER DRAYTON LANE: £80,000 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £176,871 median price is £177,000 Standard Deviation is £85,110 with Total Sold: 1,169
    • The Last 5 Year average price is £296,092 with Total Sold: 171
    • The most recent sale happened at this postcode is , 72 COURT LANE: £335,000 (Sold on 12 Aug 2024)
    • The first recorded sale happened at this postcode is , 1 KAREN AVENUE: £75,500 (Sold on 20 Jan 1995)
  • Detached
    • The average price is around £290,550 median price is £307,500 Standard Deviation is £123,403 with Total Sold: 68
    • The Last 5 Year average price is £403,304 with Total Sold: 23
    • The most recent sale happened at this postcode is , 1 EDISON SPUR: £508,000 (Sold on 21 Sep 2023)
    • The first recorded sale happened at this postcode is , 324 HIGHBURY GROVE: £50,000 (Sold on 31 Oct 1996)
  • Other
    • The average price is around £2,109,435 median price is £302,500 Standard Deviation is £6,301,548 with Total Sold: 24
    • The Last 5 Year average price is £609,041 with Total Sold: 19
    • The most recent sale happened at this postcode is , 2 EASTERN INDUSTRIAL CENTRE: £600,000 (Sold on 08 Mar 2023)
    • The first recorded sale happened at this postcode is FLAT 1, WESTING HOUSE FRANKLIN CLOSE: £700,922 (Sold on 16 Dec 2015)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£147,0001
2023£158,750 £3,065 4
2022£160,000 £3,038 6
2021£149,143 £2,425 7
2020£148,333 £2,052 3
2019£134,406 £2,164 8
2018£124,231 £2,106 13
2017£122,056 £1,622 9
2016£126,143 £2,511 7
2015£115,500 £1,771 10
2014£109,916 £1,572 6
2013£99,750 £1,540 8
2012£90,800 £2,060 5
2011£121,535 £1,953 13
2010£106,200 £1,319 5
2009£94,667 £1,752 3
2008£49,465 £582 1
2007£114,300 £2,295 10
2006£100,208 £2,013 13
2005£92,249 £2,105 6
2004£95,708 £1,652 12
2003£65,463 £1,341 11
2002£71,554 £1,263 10
2001£57,249 £1,379 9
2000£42,745 £835 11
1999£31,643 £556 8
1998£35,625 £719 4
1997£34,203 £559 14
1996£34,680 £846 5
1995£35,000 £443 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£405,812 £3,905 8
2023£369,063 £3,923 16
2022£351,500 £4,154 16
2021£338,043 £3,521 23
2020£319,318 £3,001 11
2019£300,292 £3,209 12
2018£293,319 £3,296 17
2017£248,666 £3,441 9
2016£259,586 £2,814 28
2015£250,462 £2,866 43
2014£222,111 £2,406 9
2013£206,400 £2,615 5
2012£207,000 £2,405 7
2011£214,182 £2,380 11
2010£214,000 £2,512 7
2009£197,143 £2,114 7
2008£209,000 £1,973 7
2007£196,342 £2,163 19
2006£192,806 £2,063 26
2005£209,054 £1,909 9
2004£182,999 £2,087 18
2003£162,126 £1,674 19
2002£139,580 £1,460 21
2001£121,921 £1,242 19
2000£102,575 £1,011 14
1999£79,053 £1,013 15
1998£75,208 £865 19
1997£75,296 £758 14
1996£61,357 £620 7
1995£65,250 £479 12
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£318,583 £2,975 6
2023£341,712 £3,285 26
2022£323,833 £3,414 21
2021£285,060 £3,216 54
2020£278,342 £3,013 38
2019£271,732 £2,952 26
2018£271,504 £2,959 53
2017£256,807 £2,953 41
2016£239,052 £2,736 65
2015£228,637 £2,359 50
2014£204,073 £2,305 33
2013£187,707 £2,066 41
2012£183,796 £1,897 37
2011£185,823 £2,109 40
2010£181,905 £2,030 24
2009£167,328 £2,025 29
2008£187,550 £1,803 23
2007£187,804 £2,308 27
2006£178,156 £2,033 47
2005£171,428 £1,941 31
2004£173,722 £1,981 29
2003£154,868 £1,597 42
2002£125,069 £1,402 60
2001£105,260 £1,104 40
2000£93,211 £953 47
1999£77,362 £862 50
1998£70,354 £806 47
1997£64,466 £785 58
1996£56,440 £603 50
1995£56,306 £701 34
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£476,000 £4,196 3
2022£437,444 £4,321 9
2021£354,100 £4,090 10
2019£370,000 £3,304 1
2018£358,750 £3,574 2
2017£215,000 £2,216 1
2016£319,769 £3,188 11
2015£300,595 £3,025 5
2014£205,000 £1,577 1
2013£225,748 £2,343 2
2010£250,000 £2,285 1
2008£342,248 £2,548 2
2007£185,000 £2,558 3
2006£202,500 £1,113 1
2004£179,975 £2,214 2
2003£207,5002
2002£188,500 £1,291 1
2001£122,667 £1,063 3
2000£141,500 £890 2
1999£120,0001
1998£123,500 £726 2
1997£74,2502
1996£50,000 £481 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£600,0001
2022£1,169,0006
2021£728,693 £1,680 4
2020£142,100 £1,617 5
2019£110,833 £1,039 3
2018£2,317,917 £45 3
2015£16,050,461 £15,237 2

House Type in PO6 2LF area

The most common house types in the PO6 2LF postcode area are Terraced (119), Semi-detached (82), and Flat (29).

Total253
Terraced119
Semi-detached82
Flat29
Detached14
Shared house8
commercial building1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (105), and Owned: Owns outright (65).

Owned: Owns with a mortgage or loan105
Owned: Owns outright65
Private rented: Private landlord or letting agency45
Social rented: Other social rented24
Shared ownership: Shared ownership6
Private rented: Other private rented4
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 PO6 2LF have 2 people in household (81), and 1 person in household (65).

2 people in household81
1 person in household65
3 people in household54
4 people in household42
5 people in household8
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0