House prices in PO13 9 (Lee-On-The-Solent)

This article reveals price per square metre data and various charts to help you understand current housing market in 'PO13 9' (Lee-On-The-Solent, Gosport) - statistics were last calculated on 30 August 2024.


Defining 'PO13 9'

This analysis is limited to properties whose postcode starts with "PO13 9", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Lee-On-The-Solent.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Lee-On-The-Solent is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. Flat 7 Hove Court, High Street, Lee-On-The-Solent, Gosport, sold for £175,000 on Jul-2024. Given the internal area of 66 square metres, the price per sqm is £2,651.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £3,700-£4,000, £4,000-£4,300, £4,300-£4,600 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 244 sales in Lee-On-The-Solent (PO13 9) that took place in the last two years.

Distribution of £ per sqm for Lee-On-The-Solent, Gosport
Distribution of £ per sqm house prices in Lee-On-The-Solent

Generate a custom chart like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Lee-On-The-Solent (PO13 9). Of the 244 transactions, half were sold for between £2,860 and £4,390 per square metre. The median, or 'middle', price per square metre in 'PO13 9' is £3,620. Notably, only 25% of properties that sold recently were valued at more than £4,390 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Lee-On-The-Solent, Gosport

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Gosport. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Lee-On-The-Solent
House price heatmap for Lee-On-The-Solent, Gosport

Comparison with neighbouring postcode sectors

The table below shows how 'PO13 9' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
PO13 8 Lee-On-The-Solent £2,680 sqm £3,500 sqm £4,040 sqm
PO13 9 Lee-On-The-Solent £2,860 sqm £3,620 sqm £4,390 sqm
PO13 0 Gosport £2,830 sqm £3,170 sqm £3,640 sqm

Will Gosport house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for PO13 9 (Lee-On-The-Solent) compared with both the wider area PO13 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Lee-On-The-Solent,Gosport
House price trends for Lee-On-The-Solent

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent PO13 9 sales
Recent trends for Lee-On-The-Solent

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Gosport to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Gosport and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street Avg size Avg £sqm Recent sales
Marine Parade East, Lee-On-The-Solent, PO13 9B 84 sqm £4,165 27
St Nicholas Avenue, Lee-On-The-Solent, PO13 9R 73 sqm £2,723 24
Beach Road, Lee-On-The-Solent, PO13 9F 57 sqm £3,415 22
Marine Parade East, Lee-On-The-Solent, PO13 9F 67 sqm £4,780 21
Marine Parade West, Lee-On-The-Solent, PO13 9L 90 sqm £4,391 20
Portsmouth Road, Lee-On-The-Solent, PO13 9A 146 sqm £3,849 19
Seymour Road, Lee-On-The-Solent, PO13 9E 98 sqm £3,254 16
Beach Road, Lee-On-The-Solent, PO13 9B 40 sqm £2,596 15

Search for your street here.

New build activity

Street Avg size Avg £sqm New build sales
Argus Road, Lee-On-The-Solent, PO13 9G 92 sqm £3,756 10

Argus Road, Lee-On-The-Solent, PO13 9G has seen 10 new build sales in the last 4 years (average price £272,562). These new build homes typically have an internal area of 92 sqm, with an average price of £3,756 sqm. This £sqm average is £136 above the average for PO13 9. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Lee-On-The-Solent is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqm £/sqm
Flat 7 Hove Court, High St, Lee-On-The-Solent, Gosport £175,000
Jul-2024
66 2,651
2, Ryde Pl, Lee-On-The-Solent, Gosport £645,000
Jul-2024
172 3,750
Flat 28 Robinson Court, Beach Rd, Lee-On-The-Solent, Gosport £158,000
Jul-2024
46 3,434

See the entire list of all sales in Lee-On-The-Solent (PO13 9) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.