Property trends for PO7

    PO7 covers Gosport and surrounding areas in Hampshire, situated on the western shore of Portsmouth Harbour. It is a residential area with a mix of suburban and waterfront communities, offering relatively accessible property and strong rental demand.

    At a Glance

    Average Property Price - PO7

    £374,179

    62

    National percentile

    Average Monthly Rent - PO

    £1,187

    62

    National percentile

    Average Net Household Income - PO7

    £41,286

    63

    National percentile

    Flat / Maisonette Yield - PO

    6.2%

    83

    National percentile

    10-Year Annualised Price Growth - PO7

    3.9%

    61

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    Property Price & Volume Trends

    The average property price in PO7 is £374,000, placing it slightly above the national midpoint. Ten-year growth has averaged 3.9% annually, broadly in line with the national pace. Transaction activity has softened in recent years, with 561 sales in the latest full year compared to a ten-year average of 710.

    Rent & Yield Trends

    Average monthly rent stands at £1,187, slightly above the national median. Rental growth over the past decade has averaged 4.1% per year, slightly ahead of the national trend. Flat yields have improved materially, reaching 6.2% in the latest year from a ten-year average of 5.1%, signalling increasingly attractive returns for investors.

    Income & Affordability Trends

    Average net household income is £41,286, modestly above the national average. The price-to-income ratio has risen to 8.8x from 7.2x in 2016, reflecting stronger house price growth relative to earnings over this period. Rental affordability has deteriorated similarly, with the rent-to-income ratio climbing from 28.9% to 32.1%, placing rental costs at roughly one-third of household income.

    Resident Demographic Profile

    PO7 has a notably older population profile: those aged 50–64 represent 22.1% of residents (against 19.8% nationally), and the 65+ cohort accounts for 24%, significantly above the national 19.6%. Housing tenure is heavily weighted towards outright ownership at 40.2%, well above the national 33.7%, while private renting is unusually low at 12.4%. The employment mix skews towards managers and technical roles, both modestly elevated, with elementary occupations notably underrepresented at 7.6%.

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