Portsmouth’s real estate scene in October witnessed interesting transactions, notably homes that sold below their initial listing prices.

Among the 146 residential properties changing hands, a select few stood out for their significant price differences, offering buyers advantageous deals in the market. Here’s an exclusive look at the top 10 homes that fetched prices notably lower than their initial asking rates.

The homes listed below encompass different types of property: terraced houses, semi-detached houses, detached houses and flats, all of which had their deeds filed with the Land Registry during the month of October, irrespective of whether they were sold prior to this period.

10. £20,000 (6%) below asking – terraced house on Highbury Grove

A terraced house at Highbury Grove in the PO6 postcode area changed hands. Initially listed for £340,000, it settled at £320,000, marking a 6% price reduction to reach its eventual selling price. It remained on the market for a duration of two months and four days. Covering 1,076 sqft, the property’s price per sqft ended up at £297. The property offers three bedrooms and one bathroom and the energy efficiency of the property is rated C. The sale was finalised on 19 September.

9. £20,000 (6%) below asking – terraced house on Tredegar Road

Listed at £320,000, this detached house at Tredegar Road in the PO4 postcode area settled at £300,000 after one month and 19 days on the market, reflecting a 6% price reduction. Spanning 1,033 sqft, the property’s price per sqft was £290. Featuring three bedrooms and one bathroom and a D energy efficiency rating, the transfer of ownership was completed on 16 September.

8. £20,000 (9%) below asking – terraced house on Talbot Road

The sale of the terraced house at Talbot Road in the PO4 postcode area was finalised on September 12. It was originally listed for £220,000 and was sold for £200,000 after it had been on the market for 15 days, displaying a 9% price reduction. The home has a living area of NaN sqft and the price per sqft settled at £NaN. The property comprises three bedrooms and one bathroom.

7. £21,000 (6%) below asking – terraced house on Lidiard Gardens

With two bedrooms and one bathroom and a C energy efficiency rating, this terraced house at Lidiard Gardens in the PO4 postcode area, changed hands. Originally listed for £325,000, it sold at £304,000 after a 6% reduction in price after it had been on the market for 29 days. The transfer of ownership was completed on 1 September. The home has a living area of 592 sqft and the eventual price per sqft was £514.

6. £28,000 (10%) below asking – terraced house on Jubilee Road

A terraced house at Jubilee Road in the PO4 postcode area also has new owners. Initially listed for £270,000, it settled at £242,000, marking a 10% price reduction to reach its eventual selling price. It was on the market for three months and 14 days. Covering 871 sqft, the property’s price per sqft ended up at £278. The property consists of three bedrooms and one bathroom, and the property has an energy efficiency rating of C. The sale was completed on 22 August.

5. £28,000 (14%) below asking – terraced house on Woodland Street

This terraced house at Woodland Street in the PO1 postcode area has new owners. It was initially listed for £200,000 and settled at £172,000 after it had been on the market for 14 days, undergoing a 14% price reduction to reach its eventual selling price. The living area totals 645 sqft and the price per sqft ended up at £267. The property has two bedrooms and two bathrooms and the energy efficiency of the property is rated E. The sale was completed on 27 August.

4. £30,000 (5%) below asking – semi-detached house on Victoria Road South

The sale of the semi-detached house at Victoria Road South in the PO5 postcode area was finalised on August 26. It was originally listed for £600,000 and was sold for £570,000 after it had been on the market for 15 days, displaying a 5% price reduction. The home has a living area of 2,873 sqft and the price per sqft settled at £198. The property comprises seven bedrooms and two bathrooms, and the property holds a D energy efficiency rating.

3. £30,000 (11%) below asking – terraced house on Dunbar Road

Featuring two bedrooms and one bathroom, this terraced house at Dunbar Road in the PO4 postcode area, changed hands. Originally listed for £280,000, it sold at £250,000 after a 11% reduction in price after it had been on the market for 14 days. The transfer of ownership was completed on 15 August. The home has a living area of 937 sqft and the eventual price per sqft was £267.

2. £35,000 (11%) below asking – terraced house on Prince Albert Road

This terraced house at Prince Albert Road in the PO4 postcode area has new owners. It was initially listed for £320,000 and settled at £285,000 after it had been on the market for one month and 25 days, undergoing a 11% price reduction to reach its eventual selling price. The living area totals 1,033 sqft and the price per sqft ended up at £276. The property offers three bedrooms and one bathroom and the energy efficiency of the property is rated D. The sale was settled on 19 August.

1. £54,995 (15%) below asking – terraced house on Stanley Avenue

A terraced house at Stanley Avenue in Baffins also has new owners. Initially listed for £369,995, it settled at £315,000, marking a 15% price reduction to reach its eventual selling price. It remained on the market for a duration of 3 months. Covering 968 sqft, the property’s price per sqft ended up at £325. The property has three bedrooms and one bathroom and the energy efficiency of the property is rated D. The sale was finalised on 8 September.