PO5 2AW is a residential postcode situated on Merton Road, Southsea, PO5 with 14 addresses.
It ranks as the 247th largest and 127th most expensive of the 610 postcodes in the PO5 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 14 properties: 14 flats.
PO5 2AW is a residential postcode situated on Merton Road, Southsea, PO5 with 14 addresses.
It ranks as the 247th largest and 127th most expensive of the 610 postcodes in the PO5 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 14 properties: 14 flats.
Sale prices range from £143,052 for 2 bedroom leasehold flats (602 ft2) to £179,482 for 3 bedroom leasehold flats (957 ft2) .
Monthly rental prices range from £957 pcm for 2 bed flats to £1,079 pcm for 3 bed flats.
The gross rental yield is between 7.2% and 8.0%.
The average value per square foot is £219.
The last sale in PO5 2AW sold for £160,000 on 8th April 2021. Since then prices are down an average of 1.6%.
The current average value in the postcode is £157,097.
The PO5 2AW Sales Market has increased by 6.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.7% | £157,097 |
| April 2025 | 1.1% | £164,826 |
| April 2024 | -3.3% | £163,021 |
| April 2023 | 0.4% | £168,576 |
| April 2022 | 5% | £167,835 |
| April 2021 | 0.4% | £159,810 |
| April 2020 | 3.4% | £159,201 |
| April 2019 | -0.8% | £153,958 |
| April 2018 | -0.1% | £155,153 |
| April 2017 | 5.1% | £155,289 |
| April 2016 | 7.4% | £147,809 |
| April 2015 | 4.7% | £137,617 |
| April 2014 | 7.7% | £131,397 |
| April 2013 | 0.9% | £122,037 |
| April 2012 | -2.7% | £120,967 |
| April 2011 | 1% | £124,324 |
| April 2010 | 10.3% | £123,072 |
| April 2009 | -16.7% | £111,564 |
| April 2008 | 1.1% | £133,947 |
| April 2007 | 0% | £132,424 |
The current average rental value in the postcode is £1,003.
The PO5 2AW Rental Market has increased by 34.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.7% | £1,003pcm |
| April 2025 | 4.2% | £977pcm |
| April 2024 | 6.4% | £938pcm |
| April 2023 | 5.1% | £881pcm |
| April 2022 | 7.3% | £838pcm |
| April 2021 | 6.9% | £781pcm |
| April 2020 | 1.1% | £731pcm |
| April 2019 | 1.9% | £723pcm |
| April 2018 | -3.9% | £709pcm |
| April 2017 | -1.3% | £738pcm |
| April 2016 | 5.4% | £748pcm |
| April 2015 | 4.8% | £709pcm |
| April 2014 | 1.2% | £677pcm |
| April 2013 | 1.1% | £668pcm |
| April 2012 | 0.7% | £661pcm |
| April 2011 | 1.4% | £656pcm |
| April 2010 | 3.1% | £647pcm |
| April 2009 | -3.8% | £628pcm |
| April 2008 | 2.9% | £652pcm |
| April 2007 | 0% | £634pcm |
The last sale was on 8th April 2021 for £160,000 and since then the market in the area has decreased by 1.6%. The postcode has had a total of 19 sales since 1995.
PO5 2AW has seen no sales in the last three years and no sales in the last twelve months.
PO5 2AW is the 247th largest and the 127th most expensive postcode out of the 610 postcodes in the PO5 area.
Be the first Estate
Agent here!
The closest station to PO5 2AW is Southsea Hoverport station which is 1.1 kilometres away.
Be the first Estate
Agent here!