Properties for Sale and Rent in Portsmouth
Portsmouth is a statistical region on its own due to its size and significance as a city, and it is one that has dropped down the table since 2013, going from 51st place to 65th. This puts it in the top half of the table, but only just.
Here are some of the statistics relating to life in Portsmouth that we used in our research:
Portsmouth has fairly average employment rates, with 70% of the people who live there employed. 46% of the people in Portsmouth work normal full time hours (between 35 and 45 hours per week), but 23% can be considered to be overworking and experiencing a poor work life balance, working over 45 hours per week on a regular basis.
Incomes are high at £518 per week gross as the average per individual. Disposable income, however, is very low comparative to the South East of England and the UK as a whole, at just £13,614 per household.
House prices are moderate for the UK, but low for the South East of England, averaging out at £163,995 in 2015. Rent is expensive, however, at £79 per person, per week. Why not use our free mortgage calculator that helps you determine how much you could afford to borrow.
The average life expectancy from birth in Portsmouth is fairly average for the UK at 78 for men and 82 for women.
Portsmouth has one of the highest cost of living statistics in the UK, with a weekly grocery shop costing £63 – this is more than even the places generally accepted to be very expensive like West inner London, who pay £60 per household, per week for groceries. The car insurance premiums in Portsmouth are also very high at £556.40. Why not try our cheaper car insurance and can save you heaps on your renewals