PO6 1LB is a residential postcode located on Watermead Road, Portsmouth, PO6. It is the 646th largest postcode in the PO6 area.
It contains 33 flats and the most common type of property is a mid-century flat built between 1936 and 1979.
The average house value is £169,323. Sales values have increased in the last 12 months by 3.5% and Rental values have increased by 7.4%.
Property sale values range from £152,103 for a leasehold flat, with 2 bedrooms split across 484 square feet of gross internal area and has no outside space to £194,234 for a leasehold flat, with 2 bedrooms split across 797 square feet of gross internal area and has no outside space.
Average £/ft2 for properties in PO6 1LB is £281/ft2.
Properties achieve a rental yield of between 6% and 7%, and rental values range from £885 to £968 per month.
The last sale was 22 Sep 2023 for £160,000 and since then the market in the area as increased by 2.7%. The postcode has had a total of 4 sales since 1995.
PO6 1LB has seen 4 sales in the last three years and 1 sale in the last twelve months.
PO6 1LB is the 646th largest and the 132nd most expensive postcode out of the 846 postcodes in the PO6 area.
PO6 1LB is a residential postcode located on Watermead Road, Portsmouth, PO6 with 33 flats within its bounds.
The most common property type in PO6 1LB is a mid-century flat built between 1936 and 1979.
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to PO6 1LB is Cosham station which is 2.6 km away.