PO5 3RH is a residential postcode situated on Palmerston Road, Southsea, PO5 with 15 addresses.
It ranks as the 275th largest and 362nd 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 15 properties: 15 flats.
PO5 3RH is a residential postcode situated on Palmerston Road, Southsea, PO5 with 15 addresses.
It ranks as the 275th largest and 362nd 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 15 properties: 15 flats.
Sale prices range from £173,917 for 2 bedroom leasehold flats with a balcony (785 ft2) to £264,523 for 3 bedroom leasehold flats with a balcony (1,054 ft2) .
Monthly rental prices range from £895 pcm for 2 bed flats to £1,098 pcm for 3 bed flats.
The gross rental yield is between 5.0% and 6.7%.
The average value per square foot is £288.
The last sale in PO5 3RH sold for £222,500 on 13th February 2025. Since then prices are down an average of 4.3%.
The current average value in the postcode is £221,302.
The PO5 3RH Sales Market has increased by 4.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.5% | £221,302 |
| April 2025 | 1.2% | £231,635 |
| April 2024 | -4.2% | £228,966 |
| April 2023 | 0.7% | £238,933 |
| April 2022 | 4.8% | £237,336 |
| April 2021 | 0.2% | £226,372 |
| April 2020 | 3.1% | £225,872 |
| April 2019 | -0.4% | £218,991 |
| April 2018 | -0.3% | £219,793 |
| April 2017 | 4.3% | £220,384 |
| April 2016 | 8.6% | £211,277 |
| April 2015 | 4.7% | £194,618 |
| April 2014 | 7.4% | £185,909 |
| April 2013 | 1.2% | £173,118 |
| April 2012 | -2.4% | £171,054 |
| April 2011 | 1.1% | £175,236 |
| April 2010 | 9.8% | £173,397 |
| April 2009 | -15.9% | £157,957 |
| April 2008 | 1.3% | £187,720 |
| April 2007 | 0% | £185,394 |
The current average rental value in the postcode is £984.
The PO5 3RH Rental Market has increased by 31.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £984pcm |
| April 2025 | 4.3% | £957pcm |
| April 2024 | 5.4% | £917pcm |
| April 2023 | 5.5% | £871pcm |
| April 2022 | 7% | £826pcm |
| April 2021 | 6.2% | £772pcm |
| April 2020 | 1.2% | £727pcm |
| April 2019 | 2.2% | £718pcm |
| April 2018 | -4% | £703pcm |
| April 2017 | -1.9% | £732pcm |
| April 2016 | 6.4% | £746pcm |
| April 2015 | 4.6% | £702pcm |
| April 2014 | 1.2% | £670pcm |
| April 2013 | 1.5% | £662pcm |
| April 2012 | 0.8% | £653pcm |
| April 2011 | 1.7% | £648pcm |
| April 2010 | 3% | £637pcm |
| April 2009 | -3.1% | £618pcm |
| April 2008 | 3.1% | £638pcm |
| April 2007 | 0% | £619pcm |
The last sale was on 13th February 2025 for £222,500 and since then the market in the area has decreased by 4.3%. The postcode has had a total of 36 sales since 1995.
PO5 3RH has seen 2 sales in the last three years and no sales in the last twelve months.
PO5 3RH is the 275th largest and the 362nd most expensive postcode out of the 610 postcodes in the PO5 area.
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The closest station to PO5 3RH is Southsea Hoverport station which is 800 metres away.
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