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House Prices in PO18 House Prices in PO18 (Chichester)

The average house price in PO18 (Chichester) is £466,357 using HM Land Registry data.

The average property price increased by £261,437 (17.9%) over the last 5 years and increased by £52,383 (2.86%) over the last 12 months.

Over the last year, there were 123 residential property sales – a decrease of 37 transactions (-30.08%) relative to the previous year. The majority of house sales (47) were in the £290,000 - £512,000 range. Then came properties in the £512,000 - £734,000 range, where 27 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 73 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-20,770 (-3%).

In Oct 24, there were 40 new estate agency instructions, 23 agreed home sales and 41 property price reductions.

Nearby Postcodes: BN13, BN16, BN17, BN18, GU27, GU28, GU29, GU30, GU31, GU32, GU33, GU8, PO10, PO11, PO19, PO20, PO21, PO22, PO6, PO7, PO8, PO9, RH14, RH20

5-Year Average Property Prices in PO18 (Chichester)

17.9%

Property prices in Chichester increased by 17.9% 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 PO18 (Chichester) Over the Last Year

2.86%

Property prices in Chichester increased by 2.86% 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 PO18 (Chichester) - Oct 24

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 PO18 (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 PO18 (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 PO18 (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 PO18 (Chichester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PO18 postcode area since 1995.

Recent Sales in PO18 (Chichester)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Court Hill House, Newhouse Lane, East Dean, Chichester, West Sussex, PO18 0NJ£1,195,000£1,025,000-£170,00020 Nov 202325 Jun 2024218 Days
Bosham Castle, High Street, Bosham, Chichester, West Sussex, PO18 8LS£499,000£455,000-£44,00026 Jan 202420 Jun 2024146 Days
Littlehaven, Main Road, Bosham, Chichester, West Sussex, PO18 8EH£695,000£672,000-£23,00019 Feb 202414 Jun 2024116 Days
Flat 5, Walton House, Walton Lane, Bosham, Chichester, West Sussex, PO18 8QB£290,000£290,000£0026 Mar 202412 Jun 202478 Days
15 St Blaises Road, Boxgrove, Chichester, West Sussex, PO18 0EJ£300,000£300,000£0006 Feb 202410 Jun 2024125 Days
50 The Avenue, Hambrook, Chichester, West Sussex, PO18 8TY£580,000£560,000-£20,00006 Feb 202403 Jun 2024118 Days
Hay Barn, Pook Lane, East Lavant, Chichester, West Sussex, PO18 0AH£1,150,000£1,080,000-£70,00016 Jan 202431 May 2024136 Days
The Gate House, Lower Road, East Lavant, Chichester, West Sussex, PO18 0AG£850,000£820,000-£30,00023 Dec 202315 Apr 2024114 Days
2 Stanbury Close, Bosham, Chichester, West Sussex, PO18 8NS£525,000£500,000-£25,00028 Nov 202312 Apr 2024136 Days
Smallbrook, School Lane, Nutbourne, Chichester, West Sussex, PO18 8RZ£1,250,000£1,140,000-£110,00023 Jan 202412 Apr 202480 Days
2 Windward Road, Bosham, Chichester, West Sussex, PO18 8JN£1,350,000£1,350,000£0003 Oct 202311 Apr 2024191 Days
22 Critchfield Road, Bosham, Chichester, West Sussex, PO18 8HH£475,000£475,000£0023 Jan 202410 Apr 202478 Days
124 Blackboy Lane, Fishbourne, Chichester, West Sussex, PO18 8BL£950,000£925,000-£25,00027 Nov 202327 Mar 2024121 Days
53 The Avenue, Hambrook, Chichester, West Sussex, PO18 8TZ£349,000£337,000-£12,00026 Sep 202322 Mar 2024178 Days
3 Conifer Drive, Hambrook, Chichester, West Sussex, PO18 8TU£750,000£740,000-£10,00004 Sep 202304 Mar 2024182 Days
Boadicea Cottage, Shore Road, Bosham, Chichester, West Sussex, PO18 8HZ£975,000£960,000-£15,00028 Apr 202314 Feb 2024292 Days
16 Oakford Park, Halnaker, Chichester, West Sussex, PO18 0BF£535,000£495,000-£40,00010 Oct 202309 Feb 2024122 Days
32 Nutbourne Park, Nutbourne, Chichester, West Sussex, PO18 8RU£250,000£225,000-£25,00007 Dec 202309 Feb 202464 Days
Corner Cottage, The Street, Boxgrove, Chichester, West Sussex, PO18 0EE£585,000£550,000-£35,00001 Sep 202325 Jan 2024146 Days
15 Moreton Road, Bosham, Chichester, West Sussex, PO18 8LL£665,000£650,000-£15,00020 Sep 202315 Dec 202386 Days

Most Expensive Streets in PO18 (Chichester)

PostcodeStreetAreaAverageNo. of Sales
PO18 8LHWindmill Field, BoshamChichester£3,406,6663
PO18 8ETBosham Hoe, BoshamChichester£2,439,0105
PO18 8TGHarbour Way, ChidhamChichester£2,225,0003
PO18 8QWSmugglers Lane, BoshamChichester£2,168,3506
PO18 8HGBosham Lane, BoshamChichester£1,403,1666
PO18 8HZShore Road, BoshamChichester£1,393,3333
PO18 8HQSunnyway, BoshamChichester£1,361,1258
PO18 0BQLavantChichester£1,182,5004
PO18 9BPDowns Road, West StokeChichester£1,157,5717
PO18 9JEEast MardenChichester£1,154,0624

Least Expensive Streets in PO18 (Chichester)

PostcodeStreetAreaAverageNo. of Sales
PO18 8FWKiln Drive, HambrookChichester£205,0004
PO18 8FSKiln Mews, HambrookChichester£210,5003
PO18 8RUNutbourne Park, NutbourneChichester£231,6663
PO18 0RZMontagu House, Tilemakers CloseChichester£246,5836
PO18 0LQAldingbourne Drive, CrockerhillChichester£246,6663
PO18 8PXBroadbridge Mill, BoshamChichester£248,25012
PO18 8JRWilliams Road, BoshamChichester£268,6669
PO18 0LGAldingbourne House, Aldingbourne DriveChichester£270,0006
PO18 0ENSt Marys Road, BoxgroveChichester£284,7508
PO18 0ERPriors Acre, BoxgroveChichester£291,69510

Explore PO18 (Chichester) using map

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