Parsons Close - PO3 5LN
Key Postcode Insights
PO3 5LN is a residential postcode situated on Parsons Close, Portsmouth, PO3 with 48 addresses.
It ranks as the 308th largest and 64th most expensive of the 366 postcodes in the PO3 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 48 properties: 15 houses and 33 flats.
- Ave. Sale Price
- £196,879
- 10 Year change
- up 25.9%
- Ave. Rental Price
- £1,309pcm
- 10 Year change
- up 50.4%
- Ave. £ per ft²
- £221/ft²
- Ave. Gross Yield
- 8.0%/year/yr
Key Postcode Insights
PO3 5LN is a residential postcode situated on Parsons Close, Portsmouth, PO3 with 48 addresses.
It ranks as the 308th largest and 64th most expensive of the 366 postcodes in the PO3 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 48 properties: 15 houses and 33 flats.
- Ave. Sale Price
- £196,879
- 10 Year change
- up 25.9%
- Ave. Rental Price
- £1,309pcm
- 10 Year change
- up 50.4%
- Ave. £ per ft²
- £221/ft²
- Ave. Gross Yield
- 8.0%/year/yr
Explore Propertiesin PO3 5LN
- 1 Parsons Close
4 Bed Mid-century House
- 2 Parsons Close
3 Bed Mid-century House
- 3 Parsons Close
3 Bed Mid-century House
- 4 Parsons Close
3 Bed Mid-century House
- 5 Parsons Close
2 Bed Mid-century Flat
Sales Market Trends
The last sale in PO3 5LN sold for £170,000 on 8th May 2025. Since then prices are down an average of 0.6%.
The current average value in the postcode is £196,879.
The PO3 5LN Sales Market has increased by 25.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.9% | £196,879 |
| June 2025 | -0.4% | £198,595 |
| June 2024 | -1.7% | £199,338 |
| June 2023 | -0.6% | £202,772 |
| June 2022 | 10.6% | £204,046 |
| June 2021 | 5.6% | £184,458 |
| June 2020 | 1.3% | £174,722 |
| June 2019 | 1.2% | £172,468 |
| June 2018 | 2.3% | £170,396 |
| June 2017 | 6.5% | £166,527 |
| June 2016 | 8.3% | £156,428 |
| June 2015 | 7.4% | £144,486 |
| June 2014 | 7.7% | £134,504 |
| June 2013 | 1.7% | £124,904 |
| June 2012 | 0% | £122,815 |
| June 2011 | -1.6% | £122,871 |
| June 2010 | 7.9% | £124,807 |
| June 2009 | -10% | £115,679 |
| June 2008 | -5.6% | £128,594 |
| June 2007 | 0% | £136,179 |
Rental Market Trends
The current average rental value in the postcode is £1,309.
The PO3 5LN Rental Market has increased by 50.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,309pcm |
| June 2025 | 4.1% | £1,277pcm |
| June 2024 | 5.9% | £1,227pcm |
| June 2023 | 8.5% | £1,158pcm |
| June 2022 | 11.3% | £1,068pcm |
| June 2021 | 5.7% | £959pcm |
| June 2020 | 2.6% | £908pcm |
| June 2019 | 1.8% | £885pcm |
| June 2018 | -0.3% | £869pcm |
| June 2017 | 0.1% | £871pcm |
| June 2016 | 4.6% | £871pcm |
| June 2015 | 4.2% | £833pcm |
| June 2014 | 2.1% | £799pcm |
| June 2013 | 0.9% | £783pcm |
| June 2012 | 2.7% | £776pcm |
| June 2011 | 2.2% | £755pcm |
| June 2010 | 4.9% | £739pcm |
| June 2009 | -3% | £704pcm |
| June 2008 | 3% | £726pcm |
| June 2007 | 0% | £705pcm |
Sales History
The last sale was on 8th May 2025 for £170,000 and since then the market in the area has decreased by 0.6%. The postcode has had a total of 133 sales since 1995.
PO3 5LN has seen 6 sales in the last three years and no sales in the last twelve months.
- Sold May 2025£170,000 | 2 Bed Flat11, Parsons Close, Portsmouth, PO3 5LN11, Parsons Close, Portsmouth, PO3 5LN
- Sold Mar 2025£190,000 | 2 Bed Flat37, Parsons Close, Portsmouth, PO3 5LN37, Parsons Close, Portsmouth, PO3 5LN
- Sold Feb 2025£242,000 | 3 Bed House2, Parsons Close, Portsmouth, PO3 5LN2, Parsons Close, Portsmouth, PO3 5LN
- Sold Jan 2025£177,000 | 2 Bed Flat23, Parsons Close, Portsmouth, PO3 5LN23, Parsons Close, Portsmouth, PO3 5LN
- Sold Sep 2023£175,000 | 2 Bed Flat47, Parsons Close, Portsmouth, PO3 5LN47, Parsons Close, Portsmouth, PO3 5LN
Nearby Postcodes
PO3 5LN is the 308th largest and the 64th most expensive postcode out of the 366 postcodes in the PO3 area.
- PO3 5LG, Peronne Close, Portsmouth, PO3PO3 5LG16 Addresses|56 m away
- PO3 5LW, Parsons Close, Portsmouth, PO3PO3 5LW48 Addresses|88 m away
- PO3 5LU, Feltons Place, Portsmouth, PO3PO3 5LU27 Addresses|101 m away
- PO3 5LD, Peronne Road, Portsmouth, PO3PO3 5LD27 Addresses|105 m away
- PO3 5HZ, Farmside Gardens, Portsmouth, PO3PO3 5HZ48 Addresses|113 m away
Property Types
- 1 modern flat built after 1980
- 12 mid-century houses built between 1936 and 1979
- 28 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 6 other addresses of unknown type
- modern flat (1)
- mid-century house (12)
- mid-century flat (28)
- house (1)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 41 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (20)
- G (1)
- D (19)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Jun 2022£270,000 | 4 Bed House1, Parsons Close, Portsmouth, PO3 5LN1, Parsons Close, Portsmouth, PO3 5LN
- Sold Aug 2021£245,000 | 3 Bed House18, Parsons Close, Portsmouth, PO3 5LN18, Parsons Close, Portsmouth, PO3 5LN
- Sold Feb 2025£242,000 | 3 Bed House2, Parsons Close, Portsmouth, PO3 5LN2, Parsons Close, Portsmouth, PO3 5LN
Schools Nearby
- Gatcombe Park Primary School400 m away
- Highbury Primary School800 m away
- King's Academy Northern Parade (Junior)800 m away
- Trafalgar School300 m away
- UTC Portsmouth300 m away
- Springfield School1.8 km away
More reading links
Public Transport Nearby
The closest station to PO3 5LN is Hilsea station, which is 700 metres away.
- Hilsea|700 m away
- Cosham|1.1 km away
- Fratton|4.0 km away
- Portsmouth & Southsea|4.1 km away
