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Selsey House Prices

The average house price in Selsey is £297,000 using HM Land Registry data.

The average property price increased by £69,813 (22.42%) over the last 5 years and increased by £13,952 (3.8%) over the last 12 months.

Over the last year, there were 151 residential property sales – a decrease of 54 transactions (-35.76%) relative to the previous year. The majority of house sales (38) were in the £282,000 - £348,000 range. Then came properties in the £348,000 - £414,000 range, where 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 76 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-18,244 (-3%).

In April 2024, there were 27 new estate agency instructions, 22 agreed home sales and 12 property price reductions.

5-Year Average Property Prices in Selsey

22.42%

Property prices in Selsey increased by 22.42% 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 Selsey Over the Last Year

3.8%

Property prices in Selsey increased by 3.8% 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.

Property Market Heat Gauge for Selsey - 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 Selsey

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 Selsey

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 Selsey

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 Selsey since 1995

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

Recent Property Sales in Selsey

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Claws Cottage, Crablands, Selsey, Chichester, West Sussex, PO20 9AY	£495,000	£475,000	-£20,000	16 Oct 2023	21 Mar 2024	157 Days
22 St Itha Close, Selsey, Chichester, West Sussex, PO20 0AB	£395,000	£385,000	-£10,000	07 Dec 2023	08 Mar 2024	92 Days
19 Albion Road, Selsey, Chichester, West Sussex, PO20 0DJ	£320,000	£305,000	-£15,000	05 Sep 2023	20 Feb 2024	168 Days
12 Latham Road, Selsey, Chichester, West Sussex, PO20 0JY	£450,000	£430,000	-£20,000	06 Jul 2023	20 Feb 2024	229 Days
78a, East Street, Selsey, Chichester, West Sussex, PO20 0BS	£150,000	£145,000	-£5,000	08 Nov 2023	12 Feb 2024	96 Days
62 Manor Road, Selsey, Chichester, West Sussex, PO20 0SF	£475,000	£465,000	-£10,000	11 Oct 2023	07 Feb 2024	119 Days
37 Bonnar Road, Selsey, Chichester, West Sussex, PO20 9AU	£625,000	£600,000	-£25,000	22 Mar 2023	05 Feb 2024	320 Days
17 Croft Way, Selsey, Chichester, West Sussex, PO20 0QP	£340,000	£338,000	-£2,000	29 Aug 2023	31 Jan 2024	155 Days
14 Jones Square, Selsey, Chichester, West Sussex, PO20 0TU	£610,000	£590,000	-£20,000	07 Aug 2023	31 Jan 2024	177 Days
51 Grafton Road, Selsey, Chichester, West Sussex, PO20 0JE	£379,000	£370,000	-£9,000	25 Sep 2023	26 Jan 2024	123 Days
29 Grove Road, Selsey, Chichester, West Sussex, PO20 0AS	£439,000	£400,000	-£39,000	11 Jul 2023	26 Jan 2024	199 Days
1 James Street, Selsey, Chichester, West Sussex, PO20 0JQ	£350,000	£340,000	-£10,000	12 Sep 2023	22 Jan 2024	132 Days
1b, St Itha Road, Selsey, Chichester, West Sussex, PO20 0AA	£185,000	£180,000	-£5,000	13 Jul 2023	19 Jan 2024	190 Days
19a, Malthouse Road, Selsey, Chichester, West Sussex, PO20 0QR	£350,000	£315,000	-£35,000	14 Apr 2023	11 Dec 2023	241 Days
5 Allandale Close, Selsey, Chichester, West Sussex, PO20 0SA	£265,000	£250,000	-£15,000	24 Aug 2023	05 Dec 2023	103 Days
2 Tythe Barn Road, Selsey, Chichester, West Sussex, PO20 0AZ	£445,000	£427,000	-£18,000	01 Sep 2023	04 Dec 2023	94 Days
5 Coach House Close, Selsey, Chichester, West Sussex, PO20 0QS	£340,000	£340,000	£00	14 Nov 2022	01 Dec 2023	382 Days
Flat 3, Goodwood Court, Dennys Close, Selsey, Chichester, West Sussex, PO20 0RX	£210,000	£202,500	-£7,500	10 Jul 2023	30 Nov 2023	143 Days
Cobham, Southern Road, Selsey, Chichester, West Sussex, PO20 0BD	£349,000	£340,000	-£9,000	03 Aug 2023	29 Nov 2023	118 Days
4 Otard Close, Selsey, Chichester, West Sussex, PO20 0DD	£125,000	£120,000	-£5,000	13 Jul 2023	22 Nov 2023	132 Days

Most Expensive Streets in Selsey

Postcode	Street	Area	Average	No. of Sales
PO20 9DF	Clayton Road	Selsey	£834,333	6
PO20 9AG	West Street	Selsey	£659,375	4
PO20 9DP	Golf Links Lane	Selsey	£659,000	5
PO20 0HR	Ursula Square	Selsey	£645,000	3
PO20 0HT	Ursula Avenue	Selsey	£617,666	3
PO20 9DA	Danefield Road	Selsey	£561,071	7
PO20 9DB	Clayton Road	Selsey	£553,125	8
PO20 9BE	Crablands Close	Selsey	£520,833	3
PO20 0LQ	The Bridgeway	Selsey	£520,833	6
PO20 0AR	Cherry Gardens	Selsey	£515,250	4

Least Expensive Streets in Selsey

Postcode	Street	Area	Average	No. of Sales
PO20 0DD	Otard Close	Selsey	£117,666	3
PO20 0JS	Seaview Court	Hillfield Road	£128,500	5
PO20 9BL	Montalan Crescent	Selsey	£139,333	3
PO20 9HJ	Seaview Court	Clayton Road	£144,250	14
PO20 0QA	New Parade	Selsey	£148,333	3
PO20 0JT	The Willows	Selsey	£149,218	16
PO20 0QY	St Wilfrids Place	High Street, Selsey	£149,500	4
PO20 0TR	The Herons	High Street, Selsey	£159,750	4
PO20 0PZ	High Street	Selsey	£160,000	3
PO20 0LB	Hillfield Road	Selsey	£175,000	6