PO5 2AZ is a residential postcode situated on South Parade, Southsea, PO5 with 19 addresses.
It ranks as the 316th largest and 312th 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 19 properties: 19 flats.
PO5 2AZ is a residential postcode situated on South Parade, Southsea, PO5 with 19 addresses.
It ranks as the 316th largest and 312th 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 19 properties: 19 flats.
Sale prices range from £146,294 for 1 bedroom leasehold flats (333 ft2) to £271,159 for 3 bedroom leasehold flats (1,022 ft2) .
Monthly rental prices range from £688 pcm for 1 bed flats to £1,073 pcm for 3 bed flats.
The gross rental yield is between 4.7% and 5.6%.
The average value per square foot is £341.
The last sale in PO5 2AZ sold for £235,000 on 19th November 2024. Since then prices are down an average of 4.7%.
The current average value in the postcode is £197,168.
The PO5 2AZ Sales Market has increased by 8.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.3% | £197,168 |
| April 2025 | 1% | £206,031 |
| April 2024 | -3% | £204,022 |
| April 2023 | 0.6% | £210,289 |
| April 2022 | 5.2% | £209,021 |
| April 2021 | 0.7% | £198,736 |
| April 2020 | 3.3% | £197,448 |
| April 2019 | -0.6% | £191,140 |
| April 2018 | 0.3% | £192,207 |
| April 2017 | 5% | £191,707 |
| April 2016 | 7.5% | £182,640 |
| April 2015 | 4.7% | £169,842 |
| April 2014 | 7.6% | £162,193 |
| April 2013 | 0.9% | £150,776 |
| April 2012 | -2.6% | £149,496 |
| April 2011 | 0.8% | £153,446 |
| April 2010 | 9.9% | £152,211 |
| April 2009 | -16.4% | £138,486 |
| April 2008 | 1% | £165,712 |
| April 2007 | 0% | £164,126 |
The current average rental value in the postcode is £868.
The PO5 2AZ Rental Market has increased by 35.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £868pcm |
| April 2025 | 4.1% | £843pcm |
| April 2024 | 6.7% | £810pcm |
| April 2023 | 5.4% | £759pcm |
| April 2022 | 7.3% | £720pcm |
| April 2021 | 6.7% | £671pcm |
| April 2020 | 1.3% | £629pcm |
| April 2019 | 2% | £621pcm |
| April 2018 | -3.5% | £609pcm |
| April 2017 | -1.3% | £631pcm |
| April 2016 | 5.4% | £639pcm |
| April 2015 | 4.7% | £606pcm |
| April 2014 | 1.4% | £579pcm |
| April 2013 | 1.1% | £571pcm |
| April 2012 | 0.6% | £565pcm |
| April 2011 | 1.5% | £562pcm |
| April 2010 | 3.1% | £553pcm |
| April 2009 | -3.8% | £537pcm |
| April 2008 | 2.8% | £558pcm |
| April 2007 | 0% | £542pcm |
The last sale was on 19th November 2024 for £235,000 and since then the market in the area has decreased by 4.7%. The postcode has had a total of 48 sales since 1995.
PO5 2AZ has seen 3 sales in the last three years and no sales in the last twelve months.
PO5 2AZ is the 316th largest and the 312th most expensive postcode out of the 610 postcodes in the PO5 area.
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The closest station to PO5 2AZ is Southsea Hoverport station which is 1.4 kilometres away.
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