marketcodeAsking rent
£1,192 a month 12 months to Jul 2026
143 lets
Postcode district
PO3 rental market
Asking rent £1,192 a month · Gross yield 5.3% · 12 months, listings to Aug 2026
What is PO3?
- Buildings
- 943
- Mixed-use buildings
- 2.2%
- HMO-shaped units
- 0.0%
What does PO3 earn?
PO3: asking rent £1,192 a month (12 months to Jul 2026, 143 lets).
Gross yield, asking basis
5.3% 12 months to Aug 2026
244 lets
+5.7% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
56 on 20 Sep 2026
How does PO3 vary by home size?
Asking rent in PO3 runs from £843 a month for 1 bedroom to £1,500 a month for 3 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £843 a month | 12 months to Aug 2026 | — | 88 |
| 2 bedrooms | £1,233 a month | 12 months to Aug 2026 | +3.3% on the previous 12 months | 105 |
| 3 bedrooms | £1,500 a month | 12 months to Aug 2026 | — | 80 |
| 4 bedrooms | Not published | — | — | — |
| 5+ bedrooms | Not published | — | — | — |
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Who owns PO3?
Corporate landlords hold 85% of the 301 units in PO3 whose freeholder is classified; 97% of all units are not yet classified.
- Corporate landlords85% of classified · 256 units
- Individuals (not traceable in bulk)9.3% of classified · 28 units
- Housing associations4.3% of classified · 13 units
- RMC1.3% of classified · 4 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does PO3 rank?
PO3 ranks 5th of 6 postcode districts in City of Portsmouth for asking rent, at £1,192 a month.
Asking rent · postcode districts in City of Portsmouth
PO3 ranks 5th of 6 postcode districts in City of Portsmouth for asking rent, at £1,192 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | PO5 | £1,317 a month | 894 | measured |
| 2 | PO4 | £1,309 a month | 924 | measured |
| 3 | PO6 | £1,298 a month | 229 | measured |
| 4 | PO1 | £1,233 a month | 758 | measured |
| 5 | PO3 | £1,192 a month | 143 | measured |
Full table: asking rent across postcode districts in City of Portsmouth →
Gross yield, asking basis · postcode districts in City of Portsmouth
PO3 ranks 3rd of 6 postcode districts in City of Portsmouth for gross yield, asking basis, at 5.3%.
| # | Area | Gross yield, asking basis | Sample |
|---|
Where next from PO3?
- City of PortsmouthThe wider market this area sits in.
- PO1Neighbouring postcode district · £3,355/m²
- PO2Neighbouring postcode district · £2,749/m²
- PO4Neighbouring postcode district · £3,468/m²
- PO5Neighbouring postcode district · £2,720/m²
- PO6Neighbouring postcode district · £3,821/m²
- PO11Next door, in another authority · £4,404/m²
- PO9Next door, in another authority · £3,554/m²
- Homes for sale in PO3Live sale listings, the same place and cohort.
- Homes to rent in PO3Live lettings, the same place.
- Completed sales in PO3Registered completions, newest first.
- Planning applications in PO3Applications and decisions on record.
- Buildings in PO3Every building with its units, parcel and freeholder.
- Land in PO3Parcels, titles and adjacent ownership.
- Properties in PO3Every addressable home with its floor area, tenure and last sale.
- Estate agents in PO3Who actually lists here, ranked by volume over 12 months.
Questions about PO3
- What is the average rent in PO3?
- Homes to let in PO3 asked a median £1,192 a month over the 12 months to Jul 2026, 143 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in PO3?
- 5.3% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Aug 2026, 244 lets. +5.7% on the previous 12 months.
Where these figures come from
| Figure | Dataset | Window | Last month | Sample |
|---|---|---|---|---|
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 143 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 244 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 20 Sep 2026 | 20 Sep 2026 | — |