PO5 1NE is a residential postcode situated on Victoria Grove, Southsea, PO5 with 52 addresses.
It ranks as the 512th largest and 268th most expensive of the 610 postcodes in the PO5 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 52 properties: 12 houses, 33 flats and 7 other properties.
PO5 1NE is a residential postcode situated on Victoria Grove, Southsea, PO5 with 52 addresses.
It ranks as the 512th largest and 268th most expensive of the 610 postcodes in the PO5 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 52 properties: 12 houses, 33 flats and 7 other properties.
Sale prices range from £130,670 for 2 bedroom leasehold flats with a garden (505 ft2) to £1,021,928 for 6 bedroom freehold houses with a garden (3,595 ft2) .
Monthly rental prices range from £823 pcm for 2 bed flats to £3,021 pcm for 6 bed houses.
The gross rental yield is between 3.5% and 8.4%.
The average value per square foot is £258.
The last sale in PO5 1NE sold for £195,000 on 15th May 2024. Since then prices are down an average of 3.0%.
The current average value in the postcode is £291,882.
The PO5 1NE Sales Market has increased by 14.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.9% | £291,882 |
| April 2025 | 1.9% | £303,741 |
| April 2024 | -3.9% | £297,937 |
| April 2023 | 0.9% | £310,057 |
| April 2022 | 6.7% | £307,250 |
| April 2021 | 1.6% | £287,874 |
| April 2020 | 4% | £283,458 |
| April 2019 | -0.4% | £272,616 |
| April 2018 | 1.1% | £273,642 |
| April 2017 | 6.1% | £270,659 |
| April 2016 | 7.7% | £255,145 |
| April 2015 | 5% | £236,960 |
| April 2014 | 7.8% | £225,755 |
| April 2013 | 1.9% | £209,465 |
| April 2012 | -2.5% | £205,511 |
| April 2011 | 1.5% | £210,868 |
| April 2010 | 10.9% | £207,689 |
| April 2009 | -17.2% | £187,274 |
| April 2008 | 1.2% | £226,077 |
| April 2007 | 0% | £223,318 |
The current average rental value in the postcode is £1,236.
The PO5 1NE Rental Market has increased by 44.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.5% | £1,236pcm |
| April 2025 | 5% | £1,193pcm |
| April 2024 | 5.7% | £1,136pcm |
| April 2023 | 5.6% | £1,075pcm |
| April 2022 | 9% | £1,018pcm |
| April 2021 | 8% | £933pcm |
| April 2020 | 1.8% | £864pcm |
| April 2019 | 2.3% | £849pcm |
| April 2018 | -2.7% | £830pcm |
| April 2017 | -0.4% | £853pcm |
| April 2016 | 5.7% | £856pcm |
| April 2015 | 5.1% | £811pcm |
| April 2014 | 1.4% | £771pcm |
| April 2013 | 2.1% | £761pcm |
| April 2012 | 0.8% | £745pcm |
| April 2011 | 2% | £739pcm |
| April 2010 | 3.7% | £725pcm |
| April 2009 | -4.4% | £698pcm |
| April 2008 | 3% | £730pcm |
| April 2007 | 0% | £709pcm |
The last sale was on 15th May 2024 for £195,000 and since then the market in the area has decreased by 3.0%. The postcode has had a total of 65 sales since 1995.
PO5 1NE has seen 2 sales in the last three years and no sales in the last twelve months.
PO5 1NE is the 512th largest and the 268th most expensive postcode out of the 610 postcodes in the PO5 area.
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The closest station to PO5 1NE is Fratton station which is 1.0 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around PO5 1NE, 58.5% of property is privately rented and 19.5% is privately owned with a mortgage.
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 PO5 1NE, 32.1% of residents are recorded as possessing school level qualifications and 43.9% 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 PO5 1NE, the average age was 33.5 and the most common age was 22.
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 PO5 1NE, 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 PO5 1NE, 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.