You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in PO18

House Prices in PO18

The average house price in PO18 (Chichester) is £740,000 using HM Land Registry data.

The average property price increased by £298,590 (17.9%) over the last 5 years and increased by £59,691 (2.86%) over the last 12 months.

Over the last year, there were 123 residential property sales – a decrease of 88 transactions (-71.54%) relative to the previous year. The majority of house sales (41) were in the £300,000 - £500,000 range. Then came properties in the £500,000 - £700,000 range, where 33 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 39 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-20,770 (-3%).

In June 2024, there were 34 new estate agency instructions, 21 agreed home sales and 14 property price reductions.

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.

Property Market Heat Gauge for PO18 (Chichester) - June 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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
2 Stanbury Close, Bosham, Chichester, West Sussex, PO18 8NS	£525,000	£500,000	-£25,000	28 Nov 2023	12 Apr 2024	136 Days
22 Critchfield Road, Bosham, Chichester, West Sussex, PO18 8HH	£475,000	£475,000	£00	23 Jan 2024	10 Apr 2024	78 Days
Boadicea Cottage, Shore Road, Bosham, Chichester, West Sussex, PO18 8HZ	£975,000	£960,000	-£15,000	28 Apr 2023	14 Feb 2024	292 Days
16 Oakford Park, Halnaker, Chichester, West Sussex, PO18 0BF	£535,000	£495,000	-£40,000	10 Oct 2023	09 Feb 2024	122 Days
Corner Cottage, The Street, Boxgrove, Chichester, West Sussex, PO18 0EE	£585,000	£550,000	-£35,000	01 Sep 2023	25 Jan 2024	146 Days
15 Moreton Road, Bosham, Chichester, West Sussex, PO18 8LL	£665,000	£650,000	-£15,000	20 Sep 2023	15 Dec 2023	86 Days
Ash Cottage, Walton Lane, Bosham, Chichester, West Sussex, PO18 8QF	£575,000	£542,000	-£33,000	22 Jul 2023	15 Dec 2023	146 Days
Haywards, Broad Road, Hambrook, Chichester, West Sussex, PO18 8RG	£475,000	£460,000	-£15,000	06 Apr 2023	30 Nov 2023	238 Days
5 Marcuse Fields, Bosham, Chichester, West Sussex, PO18 8NA	£775,000	£742,500	-£32,500	26 May 2023	24 Nov 2023	182 Days
12 St Marys Road, Boxgrove, Chichester, West Sussex, PO18 0EN	£299,500	£295,000	-£4,500	10 Aug 2023	14 Nov 2023	96 Days
Primrose Cottage, Hylters Lane, Chilgrove, Chichester, West Sussex, PO18 9HS	£650,000	£640,000	-£10,000	31 Jul 2023	31 Oct 2023	92 Days
Critchfield House, Bosham Lane, Bosham, Chichester, West Sussex, PO18 8HG	£1,950,000	£1,750,000	-£200,000	21 Apr 2023	31 Oct 2023	193 Days
Oak House, Strettington Lane, Strettington, Chichester, West Sussex, PO18 0LA	£1,895,000	£1,820,000	-£75,000	11 May 2023	30 Oct 2023	172 Days
1 Turnpike Cottages, Lavant, Chichester, West Sussex, PO18 0AA	£350,000	£340,000	-£10,000	30 Jan 2023	20 Oct 2023	263 Days
34 Brooks Lane, Bosham, Chichester, West Sussex, PO18 8LA	£525,000	£517,000	-£8,000	15 Apr 2023	20 Oct 2023	188 Days
Flat 7, Walton House, Walton Lane, Bosham, Chichester, West Sussex, PO18 8QB	£215,000	£206,000	-£9,000	03 May 2023	11 Oct 2023	161 Days
32 Flatt Road, Nutbourne, Chichester, West Sussex, PO18 8SJ	£360,000	£350,000	-£10,000	16 May 2023	09 Oct 2023	146 Days
5 Eastview Close, Lavant, Chichester, West Sussex, PO18 0DN	£339,000	£325,000	-£14,000	16 May 2023	06 Oct 2023	143 Days
8 North Road, Bosham, Chichester, West Sussex, PO18 8NL	£359,000	£335,000	-£24,000	01 Aug 2023	29 Sep 2023	59 Days
Braeside, Main Road, Bosham, Chichester, West Sussex, PO18 8EH	£700,000	£688,800	-£11,200	28 Feb 2023	21 Sep 2023	205 Days

Most Expensive Streets in PO18 (Chichester)

Postcode	Street	Area	Average	No. of Sales
PO18 8LH	Windmill Field, Bosham	Chichester	£3,406,666	3
PO18 8ET	Bosham Hoe, Bosham	Chichester	£2,439,010	5
PO18 8TG	Harbour Way, Chidham	Chichester	£2,225,000	3
PO18 8QW	Smugglers Lane, Bosham	Chichester	£2,168,350	6
PO18 0BQ	Lavant	Chichester	£1,460,000	3
PO18 8HG	Bosham Lane, Bosham	Chichester	£1,413,428	7
PO18 8HZ	Shore Road, Bosham	Chichester	£1,393,333	3
PO18 8QP	Smugglers Lane, Bosham	Chichester	£1,388,000	5
PO18 8HQ	Sunnyway, Bosham	Chichester	£1,361,125	8
PO18 9AE	Common Road, Funtington	Chichester	£1,272,500	4

Least Expensive Streets in PO18 (Chichester)

Postcode	Street	Area	Average	No. of Sales
PO18 8FW	Kiln Drive, Hambrook	Chichester	£190,000	3
PO18 8FS	Kiln Mews, Hambrook	Chichester	£210,500	3
PO18 0RZ	Montagu House, Tilemakers Close	Chichester	£246,583	6
PO18 0LQ	Aldingbourne Drive, Crockerhill	Chichester	£246,666	3
PO18 8PX	Broadbridge Mill, Bosham	Chichester	£249,846	13
PO18 8JR	Williams Road, Bosham	Chichester	£250,375	8
PO18 0LG	Aldingbourne House, Aldingbourne Drive	Chichester	£270,000	6
PO18 0EN	St Marys Road, Boxgrove	Chichester	£272,277	9
PO18 8BD	Main Road, Fishbourne	Chichester	£294,000	5
PO18 8EQ	Hazel Copse	Chichester	£307,900	5