PO4 8LE is a residential postcode situated on Locksway Road, Southsea, PO4 with 34 addresses.
It ranks as the 454th largest and 308th most expensive of the 696 postcodes in the PO4 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 34 properties: 32 houses and 2 flats.
PO4 8LE is a residential postcode situated on Locksway Road, Southsea, PO4 with 34 addresses.
It ranks as the 454th largest and 308th most expensive of the 696 postcodes in the PO4 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 34 properties: 32 houses and 2 flats.
Sale prices range from £143,906 for 2 bedroom Leasehold flats with a garden (516 ft2) to £313,002 for 4 bedroom freehold houses with a garden (1,205 ft2) .
Monthly rental prices range from £896 pcm for 2 bed flats to £1,532 pcm for 4 bed houses.
The gross rental yield is between 5.9% and 7.5%.
The average value per square foot is £296.
The last sale in PO4 8LE sold for £242,000 on 13th February 2026. Since then prices are up an average of 0.5%.
The current average value in the postcode is £250,081.
The PO4 8LE Sales Market has increased by 25.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.2% | £250,081 |
| April 2025 | 0.4% | £258,242 |
| April 2024 | -2.2% | £257,211 |
| April 2023 | 2.6% | £263,028 |
| April 2022 | 8.6% | £256,340 |
| April 2021 | 5.9% | £236,120 |
| April 2020 | 0.6% | £223,049 |
| April 2019 | 0.6% | £221,699 |
| April 2018 | 2.3% | £220,375 |
| April 2017 | 8% | £215,415 |
| April 2016 | 8.9% | £199,482 |
| April 2015 | 5.2% | £183,161 |
| April 2014 | 7.1% | £174,072 |
| April 2013 | 4% | £162,602 |
| April 2012 | -0.3% | £156,392 |
| April 2011 | -0.6% | £156,899 |
| April 2010 | 9% | £157,783 |
| April 2009 | -13.8% | £144,798 |
| April 2008 | -0.4% | £167,886 |
| April 2007 | 0% | £168,576 |
The current average rental value in the postcode is £1,327.
The PO4 8LE Rental Market has increased by 53.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.9% | £1,327pcm |
| April 2025 | 4.3% | £1,277pcm |
| April 2024 | 4.5% | £1,224pcm |
| April 2023 | 8.4% | £1,172pcm |
| April 2022 | 10.3% | £1,081pcm |
| April 2021 | 9% | £980pcm |
| April 2020 | 2% | £900pcm |
| April 2019 | 2.5% | £882pcm |
| April 2018 | -1.5% | £861pcm |
| April 2017 | 1% | £874pcm |
| April 2016 | 4.6% | £865pcm |
| April 2015 | 5.5% | £827pcm |
| April 2014 | 1.8% | £783pcm |
| April 2013 | 3.3% | £769pcm |
| April 2012 | 1.5% | £745pcm |
| April 2011 | 2.2% | £734pcm |
| April 2010 | 4.7% | £718pcm |
| April 2009 | -4.6% | £686pcm |
| April 2008 | 3.5% | £719pcm |
| April 2007 | 0% | £694pcm |
The last sale was on 13th February 2026 for £242,000 and since then the market in the area has increased by 0.5%. The postcode has had a total of 53 sales since 1995.
PO4 8LE has seen 5 sales in the last three years and 2 sales in the last twelve months.
PO4 8LE is the 454th largest and the 308th most expensive postcode out of the 696 postcodes in the PO4 area.
Be the first Estate
Agent here!
The closest station to PO4 8LE is Fratton station which is 1.8 kilometres away.
Be the first Estate
Agent here!
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around PO4 8LE, 42.4% of property is privately owned with a mortgage and 38.8% 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 PO4 8LE, 16.8% of residents are recorded as possessing school level qualifications and 32.0% 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 PO4 8LE, the average age was 42.2 and the most common age was 37.
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 PO4 8LE, 0.7% 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 PO4 8LE, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.