Chichester House Prices Chichester House Prices

The average house price in Chichester is £500,085 using HM Land Registry data.

The average property price increased by £83,638 (22.69%) over the last 5 years and increased by £16,716 (3.84%) over the last 12 months.

Over the last year, there were 372 residential property sales – a decrease of 315 transactions (-84.68%) relative to the previous year. The majority of house sales (105) were in the £278,000 - £386,000 range. Then came properties in the £170,000 - £278,000 range, where 74 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 69 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-18,902 (-3%).

In April 2024, there were 98 new estate agency instructions, 60 agreed home sales and 52 property price reductions.

5-Year Average Property Prices in Chichester

22.69%

Property prices in Chichester increased by 22.69% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Chichester Over the Last Year

3.84%

Property prices in Chichester increased by 3.84% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Chichester - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Chichester

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Chichester

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Chichester

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Chichester since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Chichester area since 1995.

Recent Property Sales in Chichester

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
12 Tannery Close, Chichester, West Sussex, PO19 3EY£340,000£330,000-£10,00027 Sep 202318 Mar 2024173 Days
94 Parklands Road, Chichester, West Sussex, PO19 3EB£545,000£530,000-£15,00010 Aug 202312 Mar 2024215 Days
4 Priory Lane, Chichester, West Sussex, PO19 1NL£399,500£377,500-£22,00010 Jan 202408 Mar 202458 Days
Flat 55, The Maltings, Henty Gardens, Chichester, West Sussex, PO19 3DW£140,000£115,000-£25,00025 Nov 202128 Feb 2024825 Days
38 Willowbed Drive, Chichester, West Sussex, PO19 8JB£595,000£580,000-£15,00001 Sep 202327 Feb 2024179 Days
146 Worcester Road, Chichester, West Sussex, PO19 5ED£545,000£520,000-£25,00014 Sep 202321 Feb 2024160 Days
Flat 45, The Maltings, Henty Gardens, Chichester, West Sussex, PO19 3DW£125,000£118,000-£7,00019 Aug 202202 Feb 2024532 Days
Flat 19, Forbes Place, King George Gardens, Chichester, West Sussex, PO19 6LF£450,000£450,000£0013 Jun 202323 Jan 2024224 Days
Silverley, West Broyle Drive, West Broyle, Chichester, West Sussex, PO19 3PP£1,250,000£1,200,000-£50,00007 Aug 202319 Dec 2023134 Days
32 Peter Weston Place, Chichester, West Sussex, PO19 7AP£235,000£222,000-£13,00031 Jul 202308 Dec 2023130 Days
26 Peter Weston Place, Chichester, West Sussex, PO19 7AP£250,000£235,000-£15,00005 Jul 202308 Dec 2023156 Days
81 St James Road, Chichester, West Sussex, PO19 7HR£460,000£460,000£0008 Sep 202328 Nov 202381 Days
118 Orchard Street, Chichester, West Sussex, PO19 1DE£380,000£375,000-£5,00008 Nov 202328 Nov 202320 Days
62 Belgrave Crescent, Chichester, West Sussex, PO19 8SB£445,000£429,000-£16,00022 Jun 202327 Nov 2023158 Days
6 Marden Avenue, Chichester, West Sussex, PO19 8RA£400,000£375,000-£25,00022 Jul 202323 Nov 2023124 Days
9 Franklin Place, Chichester, West Sussex, PO19 1BL£490,000£450,000-£40,00014 Jul 202320 Nov 2023129 Days
47 Whyke Lane, Chichester, West Sussex, PO19 7UT£775,000£775,000£0012 Jul 202320 Nov 2023131 Days
79 Winterbourne Road, Chichester, West Sussex, PO19 6PB£250,000£235,000-£15,00024 Aug 202320 Nov 202388 Days
Flat 8, The Maltings, Henty Gardens, Chichester, West Sussex, PO19 3DW£172,500£165,000-£7,50015 Nov 202315 Nov 20230 Days
19 Gordon Avenue, Chichester, West Sussex, PO19 8QX£600,000£600,000£0004 Jul 202315 Nov 2023134 Days

Most Expensive Streets in Chichester

PostcodeStreetAreaAverageNo. of Sales
PO19 5QEChestnut AvenueChichester£1,664,7504
PO19 3ETWestgateChichester£1,388,0005
PO19 6PSFordwater RoadChichester£1,263,1355
PO19 3PPWest Broyle DriveWest Broyle£1,244,0005
PO19 3DSBeech AvenueChichester£1,165,0003
PO19 5QHRew LaneChichester£1,108,3333
PO19 3ABSherborne RoadChichester£998,3333
PO19 5RGLavant RoadChichester£973,9287
PO19 5RBHunters WayChichester£953,0005
PO19 3PNPine GroveWest Broyle£944,0005

Least Expensive Streets in Chichester

PostcodeStreetAreaAverageNo. of Sales
PO19 8HJHeather CourtStockbridge Road£123,4449
PO19 7BQLiberator PlaceChichester£127,4008
PO19 7XUChatsworth RoadChichester£134,37512
PO19 6EEFletcher HouseFletcher Avenue£137,9004
PO19 7JNPortfield PlaceChurch Road£139,3624
PO19 7JYMelbourne RoadChichester£149,7504
PO19 8PDBrampton CourtStockbridge Road£150,21816
PO19 3DWThe MaltingsHenty Gardens£154,20832
PO19 6ASPeregrine CourtSwanfield Drive£154,2504
PO19 7JZMelbourne RoadChichester£155,8758

Explore Chichester and Neighbouring Area House Prices