PO5 1JP is a residential postcode situated on Elm Grove, Southsea, PO5 with 10 addresses.
It ranks as the 188th largest and 205th most expensive of the 610 postcodes in the PO5 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 10 properties: 10 flats.
PO5 1JP is a residential postcode situated on Elm Grove, Southsea, PO5 with 10 addresses.
It ranks as the 188th largest and 205th most expensive of the 610 postcodes in the PO5 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 10 properties: 10 flats.
Sale prices range from £150,388 for 2 bedroom leasehold flats (505 ft2) to £240,136 for 3 bedroom leasehold flats (1,280 ft2) .
Monthly rental prices range from £917 pcm for 2 bed flats to £1,255 pcm for 3 bed flats.
The gross rental yield is between 6.3% and 7.3%.
The average value per square foot is £280.
The last sale in PO5 1JP sold for £183,000 on 6th December 2024. Since then prices are down an average of 4.2%.
The current average value in the postcode is £167,508.
The PO5 1JP Sales Market has increased by 7.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.6% | £167,508 |
| April 2025 | 1.1% | £175,507 |
| April 2024 | -3.1% | £173,650 |
| April 2023 | 0.4% | £179,295 |
| April 2022 | 5% | £178,556 |
| April 2021 | 0.4% | £169,987 |
| April 2020 | 3.7% | £169,317 |
| April 2019 | -0.7% | £163,197 |
| April 2018 | 0% | £164,428 |
| April 2017 | 5.2% | £164,486 |
| April 2016 | 6.8% | £156,400 |
| April 2015 | 4.7% | £146,401 |
| April 2014 | 7.8% | £139,791 |
| April 2013 | 0.6% | £129,644 |
| April 2012 | -2.9% | £128,898 |
| April 2011 | 0.8% | £132,709 |
| April 2010 | 10.4% | £131,636 |
| April 2009 | -17.2% | £119,200 |
| April 2008 | 0.9% | £143,978 |
| April 2007 | 0% | £142,685 |
The current average rental value in the postcode is £982.
The PO5 1JP Rental Market has increased by 35.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £982pcm |
| April 2025 | 4.1% | £955pcm |
| April 2024 | 6.6% | £917pcm |
| April 2023 | 5.1% | £861pcm |
| April 2022 | 7.3% | £819pcm |
| April 2021 | 6.9% | £763pcm |
| April 2020 | 1.5% | £714pcm |
| April 2019 | 1.9% | £704pcm |
| April 2018 | -3.8% | £690pcm |
| April 2017 | -1.2% | £718pcm |
| April 2016 | 4.9% | £727pcm |
| April 2015 | 4.8% | £693pcm |
| April 2014 | 1.4% | £661pcm |
| April 2013 | 0.8% | £652pcm |
| April 2012 | 0.5% | £647pcm |
| April 2011 | 1.2% | £643pcm |
| April 2010 | 3.2% | £636pcm |
| April 2009 | -4.4% | £616pcm |
| April 2008 | 2.6% | £644pcm |
| April 2007 | 0% | £627pcm |
The last sale was on 6th December 2024 for £183,000 and since then the market in the area has decreased by 4.2%. The postcode has had a total of 21 sales since 1995.
PO5 1JP has seen 2 sales in the last three years and no sales in the last twelve months.
PO5 1JP is the 188th largest and the 205th most expensive postcode out of the 610 postcodes in the PO5 area.
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The closest station to PO5 1JP is Portsmouth & Southsea station which is 1.0 kilometres away.
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