About £370,000 for a typical house, which buys you a semi with a driveway and no view of anything. The flats go for well under half that. The detached houses go for well over half again. This is a place with a wide spread and no cheap end, which is a specific kind of expensive.
The Land Registry recorded 138 sales in the year to May 2026, with a median of £370,000. Split by type, the picture is more useful than the headline: flats came in at a median of £175,000 across 23 sales, terraces at £339,000 across 28, semi-detached houses at £390,000 across 61, and detached at £584,000 across 26. The semi is the workhorse here, both in what sells and in what the place is made of, and £390,000 is the number most buyers are actually negotiating around.
On direction, the published house price index for the area stood at an average of £252,300 as of May 2026, down 0.3% over twelve months and up 0.7% over the month. A third of one percent is not a crash, a correction or a signal, and anyone telling you otherwise is selling something. Flats moved differently, down 3.3% over the same twelve months, which is the only figure in the set doing anything you would call a move.
Council tax runs band C as the most common, with around 14% of dwellings sitting in the cheapest two bands combined. A band D bill in this area comes to roughly £2,290 a year, which is the figure worth holding against whatever you currently pay.
Renting locally is harder to pin down, because the published figure is a whole-area one. The typical private rent across the Portsmouth area is about £1,360 a month, and that is a mean from the national rent index rather than a middle-of-the-market listing price. By size, it runs around £900 for a one-bedroom, £1,130 for two, £1,350 for three, and £1,960 for four or more.
Whether that is affordable depends on a figure that needs its date attached. Modelled gross household income across this area, before tax, ran at about £64,700 in the financial year to March 2023. Against a £370,000 median, that is a genuine stretch rather than an impossibility, and it is the reason the ownership rate here is built on people who bought a while ago rather than people arriving now. The income figure describes 2023, not today, and should be read as such.
Per square metre, the sales that could be matched to an energy certificate's floor area, which is about 85% of them, come out at a median of roughly £3,800. The typical matched property had a floor area of around 102 square metres. That is a standard three-bedroom footprint, and the price per metre is doing the honest work the headline median cannot.
The bedroom mix explains why. Around 50% of households here have three bedrooms and around 30% have four or more, against roughly 15% with two and 5% with one. This is a place built for families and priced accordingly, and the shortage of small stock is why the flat median sits so far below everything else.
Value here is respectable rather than remarkable. You pay a fair price for a solid house in a quiet part of a city that charges more elsewhere for less, and nobody is getting a bargain, least of all the ones who think they are.