Story Highlights

• Portsmouth had total property sales of  £940 million in 2015
• The total number of properties sold in 2015 was 3,890 properties
• The average sales price in Portsmouth was £242 K, whereas the median sales price  was £172 K
• New Property sales were 4.12% by value, whereas Not New Property contributed 95.88%

Portsmouth has unitary authority status in South East England.

Total Sales By Property Type

Portsmouth had total property sales of £940 million which was 1.54% of the total South East property Market in 2015. 

The split across the different property types are:

• Detached £57 millions (6.06%)
• Terraced £421 millions (44.77%)
• Semi-Detached £96 millions (10.22%)
• Flat/Maisonette £169 millions (18%)
• Other 197 millions (20.95%)

Total No Of Properties Sold By Property Type

Portsmouth had total property sales of 3,890. The split across the different property types are:

• Detached 161 (4.14%)
• Flat/Maisonette 1,127 (28.97%)
• Other 57 (1.47%)
• Semi-Detached 379(9.74%)
• Terraced 2,166 (55.68%)

Average & Median Sales Price

The average sales price in Portsmouth was £242 K and for the different property types it was:

• Detached £354 K
• Semi-Detached £253 K
• Terraced £194 K
• Flat/Maisonette £150 K
• Other it is £3.5 millions

Similarly median sales price in Portsmouth was £172 K and for different property types are:

• Detached £325 K
• Semi-Detached £238 K
• Terraced £175 K
• Flat/Maisonette £133 K
• Other it is £360 K

New Vs Not New Property Statistics

By Sales Values the split is as follows:

• New Property contributed £39 millions (4.12%)
• Not New Property contributed £902 millions (95.88%)

By Total Number the split is as follows:

• New properties sold were 168 (4.32%)
• Not new property sold were 3,722 (95.68%).

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