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House Prices in PO20 House Prices in PO20 (Chichester)

The average house price in PO20 (Chichester) is £567,668 using HM Land Registry data.

The average property price increased by £111,397 (34.81%) over the last 5 years and increased by £22,321 (4.96%) over the last 12 months.

Over the last year, there were 392 residential property sales – a decrease of 188 transactions (-47.96%) relative to the previous year. The majority of house sales (108) were in the £336,000 - £452,000 range. Then came properties in the £220,000 - £336,000 range, where 104 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 89 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-18,244 (-3%).

In Oct 24, there were 116 new estate agency instructions, 72 agreed home sales and 80 property price reductions.

Nearby Postcodes: BN13, BN16, BN17, BN18, GU28, GU29, GU31, PO10, PO18, PO19, PO21, PO22, PO8, PO9, RH20

5-Year Average Property Prices in PO20 (Chichester)

34.81%

Property prices in Chichester increased by 34.81% 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 PO20 (Chichester) Over the Last Year

4.96%

Property prices in Chichester increased by 4.96% 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 PO20 (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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 PO20 (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 PO20 (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 PO20 (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 PO20 (Chichester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PO20 postcode area since 1995.

Recent Sales in PO20 (Chichester)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
32 Gainsborough Drive, Selsey, Chichester, West Sussex, PO20 0EW£340,000£318,000-£22,00020 Mar 202423 Aug 2024156 Days
20 Croft Road, Selsey, Chichester, West Sussex, PO20 0RL£535,000£520,000-£15,00017 Apr 202421 Aug 2024126 Days
32 Hunnisett Close, Selsey, Chichester, West Sussex, PO20 0FH£400,000£395,000-£5,00026 Mar 202412 Aug 2024139 Days
17 Grayswood Avenue, Bracklesham Bay, Chichester, West Sussex, PO20 8HZ£435,000£410,000-£25,00024 May 202412 Aug 202480 Days
8 Constable Drive, Selsey, Chichester, West Sussex, PO20 0EG£279,950£250,000-£29,95021 Nov 201501 Aug 20243176 Days
45 Roundstone Way, Selsey, Chichester, West Sussex, PO20 0PH£313,500£305,000-£8,50016 Nov 202301 Aug 2024259 Days
2 Elm Close, Bracklesham Bay, Chichester, West Sussex, PO20 8HY£535,000£512,500-£22,50010 May 202401 Aug 202483 Days
27 Newfield Road, Selsey, Chichester, West Sussex, PO20 0EY£360,000£350,000-£10,00022 Apr 202401 Aug 2024101 Days
54 Oakfield Avenue, East Wittering, Chichester, West Sussex, PO20 8BT£499,950£495,000-£4,95011 Nov 202331 Jul 2024263 Days
2 Merryfield Drive, Selsey, Chichester, West Sussex, PO20 0DN£300,000£300,000£0011 Jun 202425 Jul 202444 Days
2 Shopwhyke Road, Chichester, West Sussex, PO20 2AA£350,000£345,000-£5,00022 Mar 202423 Jul 2024123 Days
1 Grant Close, Selsey, Chichester, West Sussex, PO20 0RU£220,000£205,000-£15,00011 Mar 202418 Jul 2024129 Days
6 Harding Close, Selsey, Chichester, West Sussex, PO20 0FG£325,000£319,000-£6,00001 May 202418 Jul 202478 Days
11 Domehouse Close, Selsey, Chichester, West Sussex, PO20 0UB£350,000£345,000-£5,00023 Apr 202417 Jul 202485 Days
36 Green Lane, Selsey, Chichester, West Sussex, PO20 0AG£495,000£485,000-£10,00025 Nov 202315 Jul 2024233 Days
74 Beach Road, Selsey, Chichester, West Sussex, PO20 0TA£380,000£380,000£0022 Mar 202411 Jul 2024111 Days
4 Downview Close, East Wittering, Chichester, West Sussex, PO20 8NS£298,750£296,875-£1,87511 Mar 202409 Jul 2024120 Days
1 Fontwell Road, Selsey, Chichester, West Sussex, PO20 0PE£335,000£330,000-£5,00018 Apr 202408 Jul 202481 Days
7 Oak Tree Lane, Woodgate, Chichester, West Sussex, PO20 3GU£360,000£360,000£0024 Jan 202405 Jul 2024163 Days
19 Fontwell Road, Selsey, Chichester, West Sussex, PO20 0PE£380,000£365,000-£15,00012 Mar 202404 Jul 2024114 Days

Most Expensive Streets in PO20 (Chichester)

PostcodeStreetAreaAverageNo. of Sales
PO20 7DJSpinney Lane, ItchenorChichester£3,163,3333
PO20 7BBLock Lane, BirdhamChichester£2,833,3333
PO20 8AUWest Strand, West WitteringChichester£2,581,6663
PO20 7AFEarnley Meadows, EarnleyChichester£2,445,0004
PO20 7BQCourt Barn Lane, BirdhamChichester£2,266,6663
PO20 8QGChapel Lane, West WitteringChichester£2,235,8333
PO20 7HHWestlands Lane, BirdhamChichester£2,206,2504
PO20 8LGCakeham Road, West WitteringChichester£1,845,1663
PO20 7HJWestlands Estate, BirdhamChichester£1,713,5005
PO20 8DQTamarisk Walk, East WitteringChichester£1,637,8814

Least Expensive Streets in PO20 (Chichester)

PostcodeStreetAreaAverageNo. of Sales
PO20 3BDPeckham Chase, EastergateChichester£95,30611
PO20 0DDOtard Close, SelseyChichester£117,6663
PO20 8BBGreen Court, Cakeham RoadChichester£124,5624
PO20 0JSSeaview Court, Hillfield RoadChichester£128,5005
PO20 9BLMontalan Crescent, SelseyChichester£139,3333
PO20 9HJSeaview Court, Clayton RoadChichester£144,11513
PO20 3ADClaremont Gardens, EastergateChichester£148,07613
PO20 0QANew Parade, SelseyChichester£148,3333
PO20 0QYSt Wilfrids Place, High Street, SelseyChichester£149,5004
PO20 0JTThe Willows, SelseyChichester£151,66615

Explore PO20 (Chichester) using map

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