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Midhurst House Prices Midhurst House Prices

The average house price in Midhurst is £329,750 using HM Land Registry data.

The average property price increased by £69,507 (19.75%) over the last 5 years and increased by £13,892 (3.41%) over the last 12 months.

Over the last year, there were 82 residential property sales – a decrease of 23 transactions (-28.05%) relative to the previous year. The majority of house sales (21) were in the £266,000 - £362,000 range. Then came properties in the £362,000 - £458,000 range, where 16 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 71 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,911 (-2%).

In April 2024, there were 33 new estate agency instructions, 7 agreed home sales and 6 property price reductions.

Postcodes Covered: GU29

5-Year Average Property Prices in Midhurst

19.75%

Property prices in Midhurst increased by 19.75% 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 Midhurst Over the Last Year

3.41%

Property prices in Midhurst increased by 3.41% 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 Midhurst - 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 Midhurst

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 Midhurst

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 Midhurst

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 Midhurst since 1995

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

Recent Property Sales in Midhurst

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
24 Heatherwood, Midhurst, West Sussex, GU29 9LH£725,000£700,000-£25,00007 Sep 202316 Feb 2024162 Days
68 Oakwood Close, Midhurst, West Sussex, GU29 9QP£299,000£284,000-£15,00008 Aug 202318 Dec 2023132 Days
107 Poplar Way, Midhurst, West Sussex, GU29 9TD£350,000£340,000-£10,00012 Sep 202317 Nov 202366 Days
61 Elmleigh, Midhurst, West Sussex, GU29 9HA£750,000£730,000-£20,00011 May 202327 Oct 2023169 Days
37 Poplar Way, Midhurst, West Sussex, GU29 9TB£400,000£380,000-£20,00012 May 202305 Oct 2023146 Days
1 Cavalier Close, Midhurst, West Sussex, GU29 9QW£535,000£525,000-£10,00001 Jun 202304 Sep 202395 Days
93 Taylors Field, Midhurst, West Sussex, GU29 9PJ£160,000£150,000-£10,00023 May 202325 Aug 202394 Days
46 Heathfield Park, Midhurst, West Sussex, GU29 9HL£400,000£385,000-£15,00021 Apr 202322 Aug 2023123 Days
15 Guillards Oak, Midhurst, West Sussex, GU29 9JZ£600,000£575,000-£25,00027 Mar 202322 Aug 2023148 Days
59 Elmleigh, Midhurst, West Sussex, GU29 9HA£600,000£565,000-£35,00021 Apr 202321 Aug 2023122 Days
21 The Fairway, Midhurst, West Sussex, GU29 9JD£435,000£420,000-£15,00004 May 202321 Aug 2023109 Days
7 Southlands Park, Midhurst, West Sussex, GU29 9PW£1,295,000£1,250,000-£45,00018 Nov 202217 Aug 2023272 Days
9 Heathfield Park, Midhurst, West Sussex, GU29 9HN£425,000£425,000£0027 Feb 202308 Aug 2023162 Days
6 Cavalier Close, Midhurst, West Sussex, GU29 9QW£525,000£508,000-£17,00021 Apr 202308 Aug 2023109 Days
42 Oakwood Close, Midhurst, West Sussex, GU29 9QP£250,000£242,000-£8,00017 Jan 202307 Aug 2023202 Days
4 Cobden Road, Midhurst, West Sussex, GU29 9JW£340,000£325,000-£15,00011 Mar 202304 Aug 2023146 Days
3 The Fairway, Midhurst, West Sussex, GU29 9JD£350,000£345,000-£5,00004 Mar 202324 Jul 2023142 Days
38 Oakwood Close, Midhurst, West Sussex, GU29 9QS£335,000£332,500-£2,50004 Mar 202324 Jul 2023142 Days
67 Heathfield Park, Midhurst, West Sussex, GU29 9HL£445,000£445,000£0014 Feb 202317 Jul 2023153 Days
17 The Fairway, Midhurst, West Sussex, GU29 9JD£370,000£360,000-£10,00002 Mar 202313 Jul 2023133 Days

Most Expensive Streets in Midhurst

PostcodeStreetAreaAverageNo. of Sales
GU29 9PWSouthlands ParkMidhurst£1,030,0003
GU29 9RPAshfield CloseMidhurst£790,0254
GU29 9LDCarron LaneMidhurst£748,7508
GU29 9LHHeatherwoodMidhurst£733,2005
GU29 9QEChichester RoadMidhurst£652,5003
GU29 9JGGoodwood CloseMidhurst£599,0005
GU29 9JZGuillards OakMidhurst£593,76513
GU29 9HAElmleighMidhurst£588,5005
GU29 9SARosemarys CourtyardLamberts Lane£550,6663
GU29 9LECarron LaneMidhurst£535,0003

Least Expensive Streets in Midhurst

PostcodeStreetAreaAverageNo. of Sales
GU29 9NEPetersfield RoadMidhurst£95,8333
GU29 9FJApple Tree RoadMidhurst£97,7503
GU29 9FTTudor HouseSt Margarets Way£171,8296
GU29 9NBRussell HouseBepton Road£173,6663
GU29 9HWSpring MeadowMidhurst£183,5008
GU29 9BZThe Clock HouseNorth Street, Midhurst£221,0003
GU29 9JEPerth HouseThe Fairway£230,0006
GU29 9HBElmleigh CourtMidhurst£236,8624
GU29 9PJTaylors FieldMidhurst£250,1663
GU29 9LUThe GablesBepton Road£254,6663

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