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Mortgages · Southsea

Mortgages in Southsea. The typical home needs £24,595 down.

The average home in Southsea (the Portsmouth area) is £245,954 in the UK House Price Index for August 2026, up 0.1% on a year earlier. With a 10% deposit of £24,595, you would borrow £221,359.

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Mortgages in Southsea: a Homie illustration
  • £245,954average home, UK HPI
  • £24,59510% deposit
  • £49,191household income at 4.5× the loan
  • £0stamp duty for a first-time buyer
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The short answer

Mortgages in Southsea, in 30 seconds

The price
The average home in Southsea is £245,954.
The deposit
10% is £24,595. 5% deposit mortgages exist, but the rates are higher.
The income
Many lenders cap borrowing at around 4.5 times income, so a £221,359 loan needs roughly £49,191 a year, alone or jointly.
The advice
A free consultation with a specialist adviser looks at deals across the market for your own numbers.

Ten years of prices

Southsea house prices since 2016

From £188,391 to £245,954. Up 7.9% over five years.

2016 2019 2022 2025 2026
Average price each year to August 2026, Portsmouth.

Nearby

How Southsea compares with its neighbours

Average home in each council area, with the change over five years.

FAQ

Mortgages in Southsea: your questions

How much deposit do I need to buy in Southsea?

At the average price of £245,954, a 10% deposit is £24,595 and 5% is £12,298. A bigger deposit usually unlocks lower rates.

What salary do I need for a mortgage in Southsea?

With 10% down on the average home, the loan is £221,359. At 4.5 times income that means around £49,191 a year. Each lender sets its own limits, so treat this as a starting point.

Have Southsea house prices gone up?

Over five years the average home is up 7.9%, and over the last year it is up 0.1%.

How do Southsea house prices compare with nearby towns?

The average home in Southsea is £245,954. It costs more in Basingstoke (£373,551) and Andover (£372,289).

The rest of your move

Everything else for Southsea

Mortgages nearby

Ready when you are, Southsea.

Mortgages for your Southsea move, tracked in the same Homemove dashboard as everything else.

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