Locksway Road - PO4 8LE
Key Postcode Insights
PO4 8LE is a residential postcode situated on Locksway Road, Southsea, PO4 with 34 addresses.
It ranks as the 454th largest and 317th most expensive of the 696 postcodes in the PO4 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 34 properties: 32 houses and 2 flats.
- Ave. Sale Price
- £261,592
- 10 Year change
- up 26.1%
- Ave. Rental Price
- £1,381pcm
- 10 Year change
- up 50.9%
- Ave. £ per ft²
- £297/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
PO4 8LE is a residential postcode situated on Locksway Road, Southsea, PO4 with 34 addresses.
It ranks as the 454th largest and 317th most expensive of the 696 postcodes in the PO4 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 34 properties: 32 houses and 2 flats.
- Ave. Sale Price
- £261,592
- 10 Year change
- up 26.1%
- Ave. Rental Price
- £1,381pcm
- 10 Year change
- up 50.9%
- Ave. £ per ft²
- £297/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin PO4 8LE
- 138 Locksway Road
House
- 140 Locksway Road
House
- 142 Locksway Road
House
- 144 Locksway Road
House
- 146 Locksway Road
2 Bed Period House
Sales Market Trends
The last sale in PO4 8LE sold for £242,000 on 13th February 2026. Since then prices are up an average of 1.6%.
The current average value in the postcode is £261,592.
The PO4 8LE Sales Market has increased by 26.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £261,592 |
| June 2025 | 0.6% | £264,862 |
| June 2024 | -1.5% | £263,381 |
| June 2023 | 0% | £267,456 |
| June 2022 | 9.4% | £267,361 |
| June 2021 | 6.1% | £244,379 |
| June 2020 | 1.2% | £230,236 |
| June 2019 | 0.5% | £227,478 |
| June 2018 | 2.3% | £226,458 |
| June 2017 | 6.8% | £221,445 |
| June 2016 | 9.4% | £207,421 |
| June 2015 | 5.2% | £189,563 |
| June 2014 | 7.3% | £180,219 |
| June 2013 | 2.2% | £167,994 |
| June 2012 | 0% | £164,366 |
| June 2011 | -1.2% | £164,300 |
| June 2010 | 10% | £166,358 |
| June 2009 | -9.8% | £151,176 |
| June 2008 | -4.9% | £167,666 |
| June 2007 | 0% | £176,257 |
Rental Market Trends
The current average rental value in the postcode is £1,381.
The PO4 8LE Rental Market has increased by 50.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £1,381pcm |
| June 2025 | 4% | £1,346pcm |
| June 2024 | 4.5% | £1,294pcm |
| June 2023 | 8.3% | £1,238pcm |
| June 2022 | 9.9% | £1,143pcm |
| June 2021 | 10.1% | £1,040pcm |
| June 2020 | 1.1% | £945pcm |
| June 2019 | 2.9% | £934pcm |
| June 2018 | -0.8% | £908pcm |
| June 2017 | 0% | £915pcm |
| June 2016 | 4.4% | £915pcm |
| June 2015 | 5.4% | £877pcm |
| June 2014 | 2.4% | £832pcm |
| June 2013 | 1.4% | £812pcm |
| June 2012 | 0.8% | £801pcm |
| June 2011 | 2.2% | £795pcm |
| June 2010 | 7.1% | £777pcm |
| June 2009 | -4% | £726pcm |
| June 2008 | 2.7% | £756pcm |
| June 2007 | 0% | £736pcm |
Sales History
The last sale was on 13th February 2026 for £242,000 and since then the market in the area has increased by 1.6%. 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.
- Sold Feb 2026£242,000 | 3 Bed House174, Locksway Road, Southsea, PO4 8LE174, Locksway Road, Southsea, PO4 8LE
- Sold Sep 2025£260,000 | 2 Bed House198, Locksway Road, Southsea, PO4 8LE198, Locksway Road, Southsea, PO4 8LE
- Sold Aug 2024£260,000 | 3 Bed House202, Locksway Road, Southsea, PO4 8LE202, Locksway Road, Southsea, PO4 8LE
- Sold May 2024£315,000 | 3 Bed House178, Locksway Road, Southsea, PO4 8LE178, Locksway Road, Southsea, PO4 8LE
- Sold Feb 2023£280,000 | 3 Bed House176, Locksway Road, Southsea, PO4 8LE176, Locksway Road, Southsea, PO4 8LE
Nearby Postcodes
PO4 8LE is the 454th largest and the 317th most expensive postcode out of the 696 postcodes in the PO4 area.
- PO4 8LX, Meryl Road, Southsea, PO4PO4 8LX13 Addresses|30 m away
- PO4 8LY, Trevis Road, Southsea, PO4PO4 8LY23 Addresses|54 m away
- PO4 8FG, Fair Oak Road, Southsea, PO4PO4 8FG6 Addresses|66 m away
- PO4 8LA, Towpath Mead, Southsea, PO4PO4 8LA17 Addresses|70 m away
- PO4 8ND, Ironbridge Lane, Southsea, PO4PO4 8ND8 Addresses|100 m away
Property Types
- 16 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 3 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 11 other addresses of unknown type
- period house (16)
- period flat (2)
- mid-century house (3)
- house (2)
- Unknown (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 21 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (6)
- G (0)
- D (14)
- No EPC (13)
Top 3 Most Expensive Sales
- Sold Feb 2019£1,100,000 | 3 Bed House111A, Locksway Road, Southsea, PO4 8LF111A, Locksway Road, Southsea, PO4 8LF
- Sold Dec 2020£509,999 | 4 Bed HouseWest Lodge, Locksway Road, Southsea, PO4 8JWWest Lodge, Locksway Road, Southsea, PO4 8JW
- Sold Sep 2025£440,000 | 4 Bed House278, Locksway Road, Southsea, PO4 8LQ278, Locksway Road, Southsea, PO4 8LQ
Schools Nearby
- Meon Junior School400 m away
- Meon Infant School400 m away
- Milton Park Primary School600 m away
- Miltoncross Academy1.2 km away
- Priory School2.0 km away
- The Portsmouth Academy2.2 km away
More reading links
Public Transport Nearby
The closest station to PO4 8LE is Fratton station, which is 1.8 kilometres away.
- Fratton|1.8 km away
- Portsmouth & Southsea|3.0 km away
- Southsea Hoverport|3.8 km away
- Hilsea|3.9 km away