PO2 8HW is a residential postcode situated on Derby Road, Portsmouth, PO2 with 24 addresses.
It ranks as the 348th largest and 551st most expensive of the 697 postcodes in the PO2 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 24 properties: 15 houses and 9 flats.
PO2 8HW is a residential postcode situated on Derby Road, Portsmouth, PO2 with 24 addresses.
It ranks as the 348th largest and 551st most expensive of the 697 postcodes in the PO2 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 24 properties: 15 houses and 9 flats.
Sale prices range from £127,241 for 2 bedroom leasehold flats (495 ft2) to £391,253 for 5 bedroom freehold houses with a garden (2,098 ft2) .
Monthly rental prices range from £810 pcm for 2 bed flats to £2,295 pcm for 5 bed houses.
The gross rental yield is between 6.6% and 7.7%.
The average value per square foot is £172.
The last sale in PO2 8HW sold for £360,000 on 26th July 2023. Since then prices are down an average of 6.2%.
The current average value in the postcode is £254,124.
The PO2 8HW Sales Market has increased by 26.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.9% | £254,124 |
| April 2025 | -1.5% | £259,121 |
| April 2024 | -1.8% | £263,156 |
| April 2023 | 1.7% | £268,039 |
| April 2022 | 10.3% | £263,657 |
| April 2021 | 5.7% | £239,067 |
| April 2020 | 2.1% | £226,279 |
| April 2019 | -0.2% | £221,587 |
| April 2018 | 3.9% | £222,122 |
| April 2017 | 6.4% | £213,824 |
| April 2016 | 8% | £201,010 |
| April 2015 | 7.5% | £186,145 |
| April 2014 | 6.8% | £173,195 |
| April 2013 | 2.7% | £162,193 |
| April 2012 | 0.1% | £157,888 |
| April 2011 | -0.6% | £157,787 |
| April 2010 | 6.6% | £158,747 |
| April 2009 | -14.5% | £148,924 |
| April 2008 | -2.2% | £174,145 |
| April 2007 | 0% | £178,048 |
The current average rental value in the postcode is £1,554.
The PO2 8HW Rental Market has increased by 54.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.6% | £1,554pcm |
| April 2025 | 4% | £1,500pcm |
| April 2024 | 6% | £1,443pcm |
| April 2023 | 9.6% | £1,361pcm |
| April 2022 | 11.4% | £1,241pcm |
| April 2021 | 5.5% | £1,114pcm |
| April 2020 | 2.9% | £1,056pcm |
| April 2019 | 1.6% | £1,027pcm |
| April 2018 | -0.5% | £1,010pcm |
| April 2017 | 0.7% | £1,016pcm |
| April 2016 | 5.1% | £1,009pcm |
| April 2015 | 3.9% | £960pcm |
| April 2014 | 1.4% | £924pcm |
| April 2013 | 2.7% | £912pcm |
| April 2012 | 3% | £888pcm |
| April 2011 | 2.2% | £862pcm |
| April 2010 | 3% | £843pcm |
| April 2009 | -3.4% | £819pcm |
| April 2008 | 3.5% | £848pcm |
| April 2007 | 0% | £819pcm |
The last sale was on 26th July 2023 for £360,000 and since then the market in the area has decreased by 6.2%. The postcode has had a total of 32 sales since 1995.
PO2 8HW has seen 1 sale in the last three years and no sales in the last twelve months.
PO2 8HW is the 348th largest and the 551st most expensive postcode out of the 697 postcodes in the PO2 area.
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The closest station to PO2 8HW is Portsmouth & Southsea station which is 2.0 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around PO2 8HW, 54.2% of property is privately rented and 20.8% is privately owned outright.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around PO2 8HW, 21.8% of residents are recorded as possessing school level qualifications and 23.5% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around PO2 8HW, the average age was 37.7 and the most common age was 27.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around PO2 8HW, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around PO2 8HW, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.