Portsmouth’s real estate scene in September 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 outlined in the list below consist of different types of property: terraced houses, semi-detached houses, detached houses and flats. Their deeds were formally recorded with the Land Registry during the month of September, even if the transactions were prior to this month.

10. £14,000 (6%) below asking – terraced house on Jersey Road

A terraced house at Jersey Road in the PO2 postcode area changed hands. Initially listed for £240,000, it settled at £226,000, marking a 6% price reduction to reach its eventual selling price. It was on the market for one month and seven days. Covering 769 sqft, the property’s price per sqft ended up at £294. The property has three bedrooms and one bathroom and the energy efficiency of the property is rated C. The sale was settled on 18 July.

9. £14,999 (7%) below asking – terraced house on Bucklers Court

This terraced house in Bucklers Court in the PO2 postcode area has new owners. It was initially listed for £199,999 and settled at £185,000 after it had been on the market for seven days, undergoing a 7% price reduction to reach its eventual selling price. The living area totals 613 sqft and the price per sqft ended up at £302. The property comprises two bedrooms and one bathroom, and the property holds a D energy efficiency rating. The sale was completed on 18 August.

8. £15,000 (6%) below asking – terraced house on Chichester Road

The sale of the terraced house at Chichester Road in the PO2 postcode area was finalised on July 31. It was originally listed for £250,000 and was sold for £235,000 after it had been on the market for three months and 13 days, displaying a 6% price reduction. The home has a living area of 1,007 sqft and the price per sqft settled at £233. The property consists of three bedrooms and two bathrooms, and the property has an energy efficiency rating of E.

7. £15,000 (8%) below asking – flat on Nightingale Road

A flat at 39 Nightingale Road in the PO5 postcode area also has new owners. Initially listed for £180,000, it settled at £165,000, marking a 8% price reduction to reach its eventual selling price. It remained on the market for a duration of 28 days. Covering 602 sqft, the property’s price per sqft ended up at £274. The property offers two bedrooms and one bathroom and the energy efficiency of the building is rated D. The sale was settled on 24 July.

6. £17,000 (7%) below asking – terraced house on New Road

Listed at £260,000, this detached house at New Road in the PO2 postcode area settled at £243,000 after three months and 20 days on the market, reflecting a 7% price reduction. Spanning 1,216 sqft, the property’s price per sqft was £200. With three bedrooms and a E energy efficiency rating, the transfer of ownership was completed on 19 August.

5. £19,950 (5%) below asking – terraced house on Terence Gardens

Featuring three bedrooms and two bathrooms and a C energy efficiency rating, this terraced house at Terence Gardens in Eastney and Craneswater, changed hands. Originally listed for £399,950, it sold at £380,000 after a 5% reduction in price after it had been on the market for 29 days. The transfer of ownership was completed on 12 August. The home has a living area of 1,432 sqft and the eventual price per sqft was £265.

4. £20,000 (7%) below asking – terraced house on Station Road

Listed at £280,000, this detached house at Station Road in the PO6 postcode area settled at £260,000 after three months and 16 days on the market, reflecting a 7% price reduction. Spanning 699 sqft, the property’s price per sqft was £372. With three bedrooms and one bathroom and a D energy efficiency rating, the transfer of ownership was completed on 21 July.

3. £35,000 (9%) below asking – semi-detached house on Old Manor Way

This semi-detached house in Old Manor Way in the PO6 postcode area has new owners. It was initially listed for £370,000 and settled at £335,000 after it had been on the market for one month and 26 days, undergoing a 9% price reduction to reach its eventual selling price. The living area totals 1,076 sqft and the price per sqft ended up at £311. The property consists of three bedrooms and one bathroom, and the property has an energy efficiency rating of C. The sale was finalised on 24 July.

2. £39,500 (8%) below asking – semi-detached house on Burgoyne Road

A semi-detached house at Burgoyne Road in the PO5 postcode area also has new owners. Initially listed for £525,000, it settled at £485,500, marking a 8% price reduction to reach its eventual selling price. It was on the market for four months and 16 days. Covering 1,442 sqft, the property’s price per sqft ended up at £337. The property offers four bedrooms and two bathrooms and the energy efficiency of the property is rated D. The sale was finalised on 24 July.

1. £40,000 (11%) below asking – terraced house on Queens Road

The sale of the terraced house at Queens Road in Fratton was finalised on August 5. It was originally listed for £350,000 and was sold for £310,000 after it had been on the market for six months and 13 days, displaying a 11% price reduction. The home has a living area of 1,345 sqft and the price per sqft settled at £230. The property comprises two bedrooms and one bathroom, and the property holds a D energy efficiency rating.