PO6 1LB

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PO6 1LBHouse Prices / South East, Portsmouth, Watermead Road

Last updated May 2026

Key Postcode Insights

PO6 1LB is a residential postcode situated on Watermead Road, Portsmouth, PO6 with 33 addresses.

It ranks as the 612th largest and 117th most expensive of the 814 postcodes in the PO6 area. The dominant property type is a mid-century flat built between 1936 and 1979.

The postcode contains a total of 33 properties: 33 flats.

Properties

Flats

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Key Postcode Insights

PO6 1LB is a residential postcode situated on Watermead Road, Portsmouth, PO6 with 33 addresses.

It ranks as the 612th largest and 117th most expensive of the 814 postcodes in the PO6 area. The dominant property type is a mid-century flat built between 1936 and 1979.

The postcode contains a total of 33 properties: 33 flats.

Properties

Flats

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House Pricesin PO6 1LB

Sale prices range from £148,031 for 2 bedroom leasehold flats (484 ft²) to £188,223 for 2 bedroom leasehold flats (796 ft²) .

Monthly rental prices range from £887 pcm for 2 bed flats to £1,032 pcm for 2 bed flats.

The gross rental yield is between 6.6% and 7.2%.

The average value per square foot is £273.

Average Sale Value

£163,727

Average Rental Value

£949 pcm

Average Rental Yield

7.0% /year

Average Value Per Sqft

£273 /ft²

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Prices last updated 1st May 2026

Sales Market Trendsin PO6 1LB

The last sale in PO6 1LB sold for £173,500 on 14th November 2025. Since then prices are up an average of 0.6%.

The current average value in the postcode is £163,727.
The PO6 1LB Sales Market has increased by 17.2% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	-1.6%	£163,727
April 2025	0.6%	£166,445
April 2024	-2.1%	£165,496
April 2023	0.3%	£169,116
April 2022	8.3%	£168,577
April 2021	2.2%	£155,639
April 2020	2.4%	£152,313
April 2019	1%	£148,786
April 2018	1.9%	£147,348
April 2017	3.6%	£144,660
April 2016	8.4%	£139,657
April 2015	7%	£128,804
April 2014	8.2%	£120,351
April 2013	-0.5%	£111,276
April 2012	0.3%	£111,815
April 2011	-3.5%	£111,450
April 2010	7.1%	£115,469
April 2009	-12.3%	£107,855
April 2008	-1.8%	£122,991
April 2007	0%	£125,227

Rental Market Trendsin PO6 1LB

The current average rental value in the postcode is £949.
The PO6 1LB Rental Market has increased by 37.7% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	2.9%	£949pcm
April 2025	4.1%	£923pcm
April 2024	10%	£886pcm
April 2023	5.3%	£806pcm
April 2022	6.5%	£766pcm
April 2021	0.8%	£719pcm
April 2020	3%	£713pcm
April 2019	1.2%	£692pcm
April 2018	-1.1%	£684pcm
April 2017	0.4%	£692pcm
April 2016	2.5%	£689pcm
April 2015	3.3%	£672pcm
April 2014	3.5%	£651pcm
April 2013	0.6%	£629pcm
April 2012	2%	£625pcm
April 2011	0.3%	£613pcm
April 2010	1.4%	£611pcm
April 2009	-3%	£602pcm
April 2008	2.8%	£621pcm
April 2007	0%	£604pcm

Explore Buildingsin PO6 1LB, Watermead Road, Portsmouth, PO6

Sandpipers, Watermead Road, Portsmouth, PO6 Mid-century building33 units

Sales History
in PO6 1LB

The last sale was on 14th November 2025 for £173,500 and since then the market in the area has increased by 0.6%. The postcode has had a total of 82 sales since 1995.