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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
PO2 7REHouse Prices / South East, Portsmouth, New Road
Last updated May 2026
Key Postcode Insights
PO2 7RE is a residential postcode situated on New Road, Portsmouth, PO2 with 7 addresses.
It ranks as the 69th largest and 87th most expensive of the 697 postcodes in the PO2 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 7 properties: 6 flats and 1 other property.
7
Properties
- Flats
- Other (unknown)
Key Postcode Insights
PO2 7RE is a residential postcode situated on New Road, Portsmouth, PO2 with 7 addresses.
It ranks as the 69th largest and 87th most expensive of the 697 postcodes in the PO2 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 7 properties: 6 flats and 1 other property.
7
Properties
- Flats
- Other (unknown)
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House Pricesin PO2 7RE
Sale prices range from £133,779 for 2 bedroom Leasehold flats (721 ft2) to £133,779 for 2 bedroom Leasehold flats (721 ft2) .
Monthly rental prices range from £858 pcm for 2 bed flats to £858 pcm for 2 bed flats.
The gross rental yield is between 7.7% and 7.7%.
The average value per square foot is £220.
Average Sale Value
£133,779
Average Rental Value
£858 pcm
Average Rental Yield
7.7% /year
Average Value Per Sqft
£220 /ft2
Sales Market Trendsin PO2 7RE
The current average value in the postcode is £133,779.
The PO2 7RE Sales Market has increased by 16.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.3% | £133,779 |
| April 2025 | -2.2% | £136,927 |
| April 2024 | -1.8% | £139,979 |
| April 2023 | 1.4% | £142,565 |
| April 2022 | 7.3% | £140,558 |
| April 2021 | 3.9% | £130,984 |
| April 2020 | 1.7% | £126,056 |
| April 2019 | 0.5% | £123,950 |
| April 2018 | 2.1% | £123,330 |
| April 2017 | 4.8% | £120,849 |
| April 2016 | 7.4% | £115,304 |
| April 2015 | 6.9% | £107,391 |
| April 2014 | 6.5% | £100,457 |
| April 2013 | 0.3% | £94,297 |
| April 2012 | -1.2% | £94,000 |
| April 2011 | -1.3% | £95,108 |
| April 2010 | 5.7% | £96,374 |
| April 2009 | -14.5% | £91,204 |
| April 2008 | -2.9% | £106,682 |
| April 2007 | 0% | £109,883 |
Rental Market Trendsin PO2 7RE
The current average rental value in the postcode is £858.
The PO2 7RE Rental Market has increased by 42.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.4% | £858pcm |
| April 2025 | 2.8% | £830pcm |
| April 2024 | 7.1% | £807pcm |
| April 2023 | 8.4% | £753pcm |
| April 2022 | 9% | £695pcm |
| April 2021 | 3.8% | £638pcm |
| April 2020 | 3% | £614pcm |
| April 2019 | 1.3% | £596pcm |
| April 2018 | -1.9% | £588pcm |
| April 2017 | -0.7% | £600pcm |
| April 2016 | 3.9% | £604pcm |
| April 2015 | 3.7% | £581pcm |
| April 2014 | 1.9% | £561pcm |
| April 2013 | 1% | £550pcm |
| April 2012 | 1.2% | £545pcm |
| April 2011 | 2.1% | £538pcm |
| April 2010 | 1.8% | £527pcm |
| April 2009 | -4% | £518pcm |
| April 2008 | 2.9% | £539pcm |
| April 2007 | 0% | £524pcm |
Explore Buildingsin PO2 7RE, New Road, Portsmouth, PO2
Nearby Postcodesto PO2 7RE
PO2 7RE is the 69th largest and the 87th most expensive postcode out of the 697 postcodes in the PO2 area.
- 41 mPO2 7QJ, New Road, Portsmouth, PO2PO2 7QJ6 Addresses
- 51 mPO2 7QZ, Balliol Road, Portsmouth, PO2PO2 7QZ4 Addresses
- 55 mPO2 7QR, Balliol Road, Portsmouth, PO2PO2 7QR2 Addresses
- 56 mPO2 7PE, Kingston Road, Portsmouth, PO2PO2 7PE6 Addresses
- 57 mPO2 7QL, New Road, Portsmouth, PO2PO2 7QL8 Addresses
- 60 mPO2 7DP, Kingston Road, Portsmouth, PO2PO2 7DP10 Addresses
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Property Typesin PO2 7RE
- 7 modern flats built after 1980
- modern flat (7)
Energy Efficiencyof properties in PO2 7RE
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (3)
- No EPC (0)
Schools Nearbyto PO2 7RE
The nearest primary school to PO2 7RE is Manor Infant and Nursery School which is 126 metres away.
- 126mManor Infant and Nursery School
- 554mNew Horizons Primary School
- 554mPenbridge Junior School
The nearest secondary school is The Portsmouth Academy which is 419 metres away.
- 419mThe Portsmouth Academy
- 1.2kmSt Edmund's Catholic School
- 1.4kmMiltoncross Academy
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Public Transport Nearbyto PO2 7RE
The closest station to PO2 7RE is Fratton station which is 1.3 kilometres away.
- 1.3kmFratton
- 1.4kmPortsmouth & Southsea
- 2.5kmPortsmouth Harbour
- 2.6kmHilsea