# 3 bedroom end of terrace house for sale (PO12 4PZ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 38 WELCH ROAD, GOSPORT, HAMPSHIRE PO12 4PZ |
| Price | £290,000 |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Council tax | B |
| Last sold | £290,000 Jun 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** B
- **Expiry date:** 08/03/2033
- **Est. upgrade cost to C:** £10,500

### Recommendations
- W1 (£800 - £1,200)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/3400-2715-0022-5202-3773)

## Description

* A well presented property having been much improved by our current owners, benefitting from open plan family room, delightful enclosed rear garden and modern fitted bathroom. An internal viewing advised *

## Property Photos

- ![Front](/listings/photos/86071098/430566) - Front
- ![Open Plan Kitchen/ Dining/ Family Area](/listings/photos/86071098/430567) - Open Plan Kitchen/ Dining/ Family Area
- ![Kitchen](/listings/photos/86071098/430568) - Kitchen
- ![Family Area](/listings/photos/86071098/430569) - Family Area
- ![Family Area](/listings/photos/86071098/430570) - Family Area
- ![Dining Area](/listings/photos/86071098/430571) - Dining Area
- ![Open Plan Kitchen/ Dining/ Family Area](/listings/photos/86071098/430572) - Open Plan Kitchen/ Dining/ Family Area
- ![Bedroom One](/listings/photos/86071098/430573) - Bedroom One
- ![Bedroom Two](/listings/photos/86071098/430576) - Bedroom Two
- ![Bathroom](/listings/photos/86071098/430578) - Bathroom
- ![First Floor Landing](/listings/photos/86071098/430580) - First Floor Landing
- ![Garden](/listings/photos/86071098/430582) - Garden
- ![Garden](/listings/photos/86071098/430584) - Garden
- ![Garden](/listings/photos/86071098/430586) - Garden
- ![Garden](/listings/photos/86071098/430588) - Garden
- ![Rear](/listings/photos/86071098/430589) - Rear

## Floorplans

- ![Ground Floor](/listings/photos/86071098/430591) - Ground Floor
- ![First Floor](/listings/photos/86071098/430593) - First Floor

## EPC Graphs

- ![Energy Performance Certificate](/listings/photos/86071098/430595) - Energy Performance Certificate

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 38 WELCH ROAD, GOSPORT, HAMPSHIRE, PO12 4PZ | £290,000 | 28/06/2023 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 39 FREEMANTLE ROAD, GOSPORT, HAMPSHIRE, PO12 4RD | £227,500 | 08/12/2025 | Terraced |
| 53 MELVILLE ROAD, GOSPORT, HAMPSHIRE, PO12 4QU | £210,000 | 07/10/2025 | Terraced |
| 201 AVERY LANE, GOSPORT, HAMPSHIRE, PO12 4SW | £280,000 | 01/08/2025 | Terraced |
| 26 MELVILLE ROAD, GOSPORT, HAMPSHIRE, PO12 4QX | £210,000 | 20/06/2025 | Terraced |
| 22 MELVILLE ROAD, GOSPORT, HAMPSHIRE, PO12 4QX | £216,000 | 18/11/2024 | Terraced |
| 7 BRAMBER ROAD, GOSPORT, HAMPSHIRE, PO12 4EJ | £244,500 | 01/11/2024 | Terraced |
| 74 MELVILLE ROAD, GOSPORT, HAMPSHIRE, PO12 4QX | £214,000 | 19/08/2024 | Terraced |
| [Same street] 24 WELCH ROAD, GOSPORT, HAMPSHIRE, PO12 4PZ | £245,000 | 09/08/2024 | Terraced |
| 54 THE COTTAGE MELVILLE ROAD, GOSPORT, HAMPSHIRE, PO12 4QX | £197,000 | 18/07/2024 | Terraced |
| 40 FELIX ROAD, GOSPORT, HAMPSHIRE, PO12 4QZ | £167,000 | 20/12/2023 | Terraced |
| 58 AVERY LANE, GOSPORT, HAMPSHIRE, PO12 4SL | £225,000 | 01/12/2023 | Terraced |
| 23 VALE GROVE, ELSON, GOSPORT, HAMPSHIRE, PO12 4PS | £290,000 | 27/10/2023 | Terraced |
| 16 TEWKESBURY AVENUE, GOSPORT, HAMPSHIRE, PO12 4JA | £240,000 | 25/10/2023 | Terraced |
| 21 MELVILLE ROAD, GOSPORT, HAMPSHIRE, PO12 4QU | £200,000 | 12/10/2023 | Terraced |
| 16 FREEMANTLE ROAD, GOSPORT, HAMPSHIRE, PO12 4RD | £210,000 | 02/10/2023 | Terraced |
| 8 MELVILLE ROAD, GOSPORT, HAMPSHIRE, PO12 4QX | £190,000 | 01/08/2023 | Terraced |
| 30 MELVILLE ROAD, GOSPORT, HAMPSHIRE, PO12 4QX | £200,000 | 19/06/2023 | Terraced |
| 22 TEWKESBURY AVENUE, GOSPORT, HAMPSHIRE, PO12 4JA | £230,000 | 11/05/2023 | Terraced |
| 62 AVERY LANE, GOSPORT, HAMPSHIRE, PO12 4SL | £230,000 | 05/05/2023 | Terraced |
| 43 WELCH ROAD, GOSPORT, HAMPSHIRE, PO12 4PY | £305,000 | 28/04/2023 | Terraced |
| 37 MELVILLE ROAD, GOSPORT, HAMPSHIRE, PO12 4QU | £164,500 | 03/03/2023 | Terraced |
| [Same street] 4 WELCH ROAD, GOSPORT, HAMPSHIRE, PO12 4PZ | £241,000 | 21/09/2021 | Terraced |
| [Same street] 6 WELCH ROAD, GOSPORT, HAMPSHIRE, PO12 4PZ | £255,000 | 25/08/2021 | Terraced |
| [Same street] 30 WELCH ROAD, GOSPORT, HAMPSHIRE, PO12 4PZ | £170,000 | 20/08/2021 | Terraced |

**Street average:** £227,750 (4 sales)
**Area average:** £222,525 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £238,684 (75 Terraced, PO12, 2024–2026)
- **Deviation:** +21.5%

## Rental Range

*ONS Price Index of Private Rents (Gosport). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,039/mo
- **Realistic:** £1,154/mo
- **Optimistic:** £1,269/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Portsmouth (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £997/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Terraced House, The Crossways, PO12 | £1,375/mo | 3 | 0.27 miles | OpenRent |
| 3 Bed Flat, Bittern Close, PO12 | £1,100/mo | 3 | 0.31 miles | OpenRent |
| 3 Bed Terraced House, Albemarle Avenue, PO12 | £1,525/mo | 3 | 0.32 miles | OpenRent |
| 3 Bed Terraced House, Russell St, PO12 | £1,400/mo | 3 | 0.33 miles | OpenRent |
| 3 Bed Flat, Merganser Close, PO12 | £1,100/mo | 3 | 0.38 miles | OpenRent |

**Average rent: £1,300/mo (5 listings)**

## 1% Rule

- **Rent ratio:** 0.47% (weak for cashflow)
- **Max investor price (0.8%):** £171,875
- **Target investor price (1%):** £137,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,375/mo).*

- **Gross yield:** 5.7%
- **Cost-to-rent:** 17.6×
- **Monthly cashflow:** £70/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 1%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £3,452/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 8.5%
- **10y growth:** 29.7%

## House Price Index (HM Land Registry)

*Official index for Gosport; Terraced series; as of March 2026.*

- **1y growth (index):** 0.6%
- **5y growth (index):** 18.4%
- **10y growth (index):** 46.3%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)
