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Tangmere House Prices Tangmere House Prices

The average house price in Tangmere is £375,000 using HM Land Registry data.

The average property price increased by £90,380 (29.84%) over the last 5 years and increased by £18,063 (4.81%) over the last 12 months.

Over the last year, there were 46 residential property sales – a decrease of 6 transactions (-13.04%) relative to the previous year. The majority of house sales (11) were in the £298,000 - £386,000 range. Then came properties in the £210,000 - £298,000 range, where 9 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 58 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-18,787 (-3%).

In April 2024, there were 12 new estate agency instructions, 6 agreed home sales and 11 property price reductions.

Postcodes Covered: PO18, PO20

5-Year Average Property Prices in Tangmere

29.84%

Property prices in Tangmere increased by 29.84% 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 Tangmere Over the Last Year

4.81%

Property prices in Tangmere increased by 4.81% 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 Tangmere - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 Tangmere

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 Tangmere

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 Tangmere

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 Tangmere since 1995

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

Recent Property Sales in Tangmere

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Corner Cottage, The Street, Boxgrove, Chichester, West Sussex, PO18 0EE£585,000£550,000-£35,00001 Sep 202325 Jan 2024146 Days
30 Chichester Drive, Tangmere, Chichester, West Sussex, PO20 2FA£265,000£250,000-£15,00005 Oct 202319 Dec 202375 Days
2 Hunters Gate, Tangmere, Chichester, West Sussex, PO20 2GT£539,000£500,000-£39,00017 Aug 202304 Dec 2023109 Days
12 St Marys Road, Boxgrove, Chichester, West Sussex, PO18 0EN£299,500£295,000-£4,50010 Aug 202314 Nov 202396 Days
17 Nelson Close, Tangmere, Chichester, West Sussex, PO20 2FW£465,000£455,000-£10,00013 Mar 202327 Oct 2023228 Days
1 Saxon Meadow, Tangmere, Chichester, West Sussex, PO20 2GA£315,000£310,000-£5,00001 Sep 202307 Sep 20236 Days
75 The Street, Boxgrove, Chichester, West Sussex, PO18 0EB£600,000£585,000-£15,00012 Jun 202316 Aug 202365 Days
44 Middleton Gardens, Tangmere, Chichester, West Sussex, PO20 2JD£275,000£270,000-£5,00017 Mar 202307 Jul 2023112 Days
5 Tamar Way, Tangmere, Chichester, West Sussex, PO20 2FG£275,000£272,500-£2,50022 Feb 202330 Jun 2023128 Days
1 Barncroft Close, Tangmere, Chichester, West Sussex, PO20 2FE£475,000£465,000-£10,00028 Mar 202331 May 202364 Days
Nore House, The Street, Boxgrove, Chichester, West Sussex, PO18 0DX£875,000£870,000-£5,00008 Jul 202212 May 2023308 Days
2 Fulmar Way, Tangmere, Chichester, West Sussex, PO20 2GG£425,000£422,000-£3,00019 Nov 202231 Mar 2023132 Days
21 Chichester Drive, Tangmere, Chichester, West Sussex, PO20 2FA£325,000£315,000-£10,00019 Jul 202211 Jan 2023176 Days
Coppins, The Street, Boxgrove, Chichester, West Sussex, PO18 0DX£650,000£638,000-£12,00016 Sep 202209 Jan 2023115 Days
17 Chichester Drive, Tangmere, Chichester, West Sussex, PO20 2FA£325,000£323,000-£2,00031 Aug 202214 Dec 2022105 Days
24 Churchwood Drive, Tangmere, Chichester, West Sussex, PO20 2GS£300,000£290,000-£10,00019 Aug 202208 Dec 2022111 Days
3 Priory Close, Boxgrove, Chichester, West Sussex, PO18 0EA£650,000£645,000-£5,00015 Sep 202205 Dec 202281 Days
Downview, Arundel Road, Tangmere, Chichester, West Sussex, PO18 0JZ£400,000£400,000£0021 May 202222 Nov 2022185 Days
Haresfield House, Tangmere Road, Tangmere, Chichester, West Sussex, PO20 2EX£775,000£775,000£0001 Jun 202224 Oct 2022145 Days
90 Churchwood Drive, Tangmere, Chichester, West Sussex, PO20 2GB£285,000£285,000£0027 Jun 202212 Oct 2022107 Days

Most Expensive Streets in Tangmere

PostcodeStreetAreaAverageNo. of Sales
PO20 2JHDuxford CloseTangmere£643,1663
PO18 0EAPriory CloseBoxgrove£598,3333
PO18 0DXThe StreetBoxgrove£576,3339
PO18 0EBThe StreetBoxgrove£548,3333
PO20 2HWTangmere RoadTangmere£546,6663
PO20 2HRTangmere RoadTangmere£490,0003
PO20 2GTHunters GateTangmere£475,8333
PO20 2FWNelson CloseTangmere£473,3333
PO18 0EHCrouch Cross LaneBoxgrove£451,6663
PO20 2EHFilkins CloseTangmere£448,1254

Least Expensive Streets in Tangmere

PostcodeStreetAreaAverageNo. of Sales
PO20 2DYFiske HouseHangar Drive£111,3333
PO20 2BETyphoon HouseHangar Drive£134,5004
PO20 2FBWhitebeam WayTangmere£189,9833
PO20 2AQKew HouseThe Boulevard£201,5005
PO20 2EATempest HouseHangar Drive£214,3754
PO20 2FGTamar WayTangmere£224,33312
PO20 2GBChurchwood DriveTangmere£227,6663
PO20 2BBBader HouseHangar Drive£228,5004
PO20 2GYChurchwood DriveTangmere£250,4618
PO20 2JDMiddleton GardensTangmere£252,2767

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