Merton Road - PO5 2AE
Key Postcode Insights
PO5 2AE is a residential postcode situated on Merton Road, Southsea, PO5 with 19 addresses.
It ranks as the 315th largest and 573rd most expensive of the 610 postcodes in the PO5 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 19 properties: 6 houses and 13 flats.
- Ave. Sale Price
- £523,679
- 10 Year change
- up 17.3%
- Ave. Rental Price
- £1,912pcm
- 10 Year change
- up 44.4%
- Ave. £ per ft²
- £450/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
PO5 2AE is a residential postcode situated on Merton Road, Southsea, PO5 with 19 addresses.
It ranks as the 315th largest and 573rd most expensive of the 610 postcodes in the PO5 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 19 properties: 6 houses and 13 flats.
- Ave. Sale Price
- £523,679
- 10 Year change
- up 17.3%
- Ave. Rental Price
- £1,912pcm
- 10 Year change
- up 44.4%
- Ave. £ per ft²
- £450/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Explore Propertiesin PO5 2AE
- Merton House
Period Building | 8 Units
- The Coach House
2 Bed Period House
- 1 Merton Road
Building | 4 Flats
- 7 Merton Road
5 Bed Period House
- 9 Merton Road
Building | 4 Flats
Sales Market Trends
The last sale in PO5 2AE sold for £895,000 on 17th May 2023. Since then prices are down an average of 4.0%.
The current average value in the postcode is £523,679.
The PO5 2AE Sales Market has increased by 17.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2% | £523,679 |
| June 2025 | 1.5% | £534,450 |
| June 2024 | -3.3% | £526,329 |
| June 2023 | 0.3% | £544,477 |
| June 2022 | 6.5% | £543,058 |
| June 2021 | 2.7% | £510,086 |
| June 2020 | 3.9% | £496,591 |
| June 2019 | -0.8% | £477,897 |
| June 2018 | 2.4% | £481,688 |
| June 2017 | 5.4% | £470,511 |
| June 2016 | 7.1% | £446,594 |
| June 2015 | 6.1% | £417,124 |
| June 2014 | 7.3% | £393,262 |
| June 2013 | 1.8% | £366,640 |
| June 2012 | -2.5% | £360,019 |
| June 2011 | -0.3% | £369,237 |
| June 2010 | 13.9% | £370,293 |
| June 2009 | -13.6% | £325,152 |
| June 2008 | -3.1% | £376,398 |
| June 2007 | 0% | £388,313 |
Rental Market Trends
The current average rental value in the postcode is £1,912.
The PO5 2AE Rental Market has increased by 44.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £1,912pcm |
| June 2025 | 4.4% | £1,860pcm |
| June 2024 | 5.6% | £1,781pcm |
| June 2023 | 6.3% | £1,687pcm |
| June 2022 | 9.2% | £1,587pcm |
| June 2021 | 9.2% | £1,454pcm |
| June 2020 | 0.6% | £1,331pcm |
| June 2019 | 3% | £1,323pcm |
| June 2018 | -2.5% | £1,284pcm |
| June 2017 | -0.6% | £1,316pcm |
| June 2016 | 5.9% | £1,324pcm |
| June 2015 | 5.1% | £1,250pcm |
| June 2014 | 2.1% | £1,189pcm |
| June 2013 | 1% | £1,165pcm |
| June 2012 | 1% | £1,153pcm |
| June 2011 | 2.1% | £1,142pcm |
| June 2010 | 5.7% | £1,118pcm |
| June 2009 | -4.1% | £1,057pcm |
| June 2008 | 2.9% | £1,103pcm |
| June 2007 | 0% | £1,072pcm |
Sales History
The last sale was on 17th May 2023 for £895,000 and since then the market in the area has decreased by 4.0%. The postcode has had a total of 39 sales since 1995.
PO5 2AE has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold May 2023£895,000 | 3 Bed House1D, Merton Road, Southsea, PO5 2AE1D, Merton Road, Southsea, PO5 2AE
- Sold Dec 2022£310,000 | 2 Bed FlatFlat 3, Merton House 3-5, Merton Road, Southsea, PO5 2AEFlat 3, Merton House 3-5, Merton Road, Southsea, PO5 2AE
- Sold Sep 2021£227,000 | 2 Bed FlatFlat 6, Merton House 3-5, Merton Road, Southsea, PO5 2AEFlat 6, Merton House 3-5, Merton Road, Southsea, PO5 2AE
- Sold Mar 2021£285,000 | 2 Bed FlatFlat 5, Merton House 3-5, Merton Road, Southsea, PO5 2AEFlat 5, Merton House 3-5, Merton Road, Southsea, PO5 2AE
- Sold Dec 2020£565,000 | 3 Bed House1D, Merton Road, Southsea, PO5 2AE1D, Merton Road, Southsea, PO5 2AE
Nearby Postcodes
PO5 2AE is the 315th largest and the 573rd most expensive postcode out of the 610 postcodes in the PO5 area.
- PO5 2AR, Nelson Road, Southsea, PO5PO5 2AR28 Addresses|39 m away
- PO5 2AG, Merton Road, Southsea, PO5PO5 2AG11 Addresses|46 m away
- PO5 2AL, Ormsby Road, Southsea, PO5PO5 2AL2 Addresses|61 m away
- PO5 2BG, Wilton Place, Southsea, PO5PO5 2BG34 Addresses|68 m away
- PO5 2AH, Merton Road, Southsea, PO5PO5 2AH12 Addresses|73 m away
Property Types
- 2 period houses built between 1800 and 1911
- 12 period flats built between 1800 and 1911
- 4 mid-century flats built between 1936 and 1979
- 1 other address of unknown type
- period house (2)
- period flat (12)
- mid-century flat (4)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is E.
- A (0)
- E (5)
- B (0)
- F (1)
- C (4)
- G (0)
- D (4)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Dec 2022£975,000 | 5 Bed House16, Merton Road, Southsea, PO5 2AG16, Merton Road, Southsea, PO5 2AG
- Sold May 2023£895,000 | 3 Bed House1D, Merton Road, Southsea, PO5 2AE1D, Merton Road, Southsea, PO5 2AE
- Sold Oct 2021£850,000 | 5 Bed House14, Merton Road, Southsea, PO5 2AG14, Merton Road, Southsea, PO5 2AG
Schools Nearby
- Cottage Grove Primary School and Nursery500 m away
- Southsea Infant School500 m away
- St Swithun's Catholic Primary School600 m away
- Ark Charter Academy1.0 km away
- Priory School1.1 km away
- St Edmund's Catholic School1.3 km away
More reading links
Public Transport Nearby
The closest station to PO5 2AE is Southsea Hoverport station, which is 1.0 kilometres away.
- Southsea Hoverport|1.0 km away
- Portsmouth & Southsea|1.3 km away
- Fratton|1.3 km away
- Portsmouth Harbour|1.9 km away
