Chapel Lane, West Wittering, Chichester, PO20

Street Guide For Chapel Lane, West Wittering, Chichester, PO20

 

Chapel Lane, West Wittering, Chichester, PO20 Map

Estimated Price: £882,313
Average Asking Price: £448,909
Price change in last one year: £66,474
Average Price Paid: £705,083
Average Rent Rates: £1,185

 

Property Prices Breakdown in Chapel Lane, West Wittering, Chichester, PO20

Average Price for property in Chapel Lane, West Wittering, Chichester, PO20 is around £882,313 which varies based on type of property you are interested in and ranges from £884,849 for detached house to around £877,241 for semi-detached. Values have been changing and have risen £8,166 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £21,708 in last 6 months, £66,474 in last 1 year, £109,146 in last 2 years, £117,758 in last 3 years, £98,296 in last 4 years and £113,381 in last 5 years.

Currently average asking price of a property in Chapel Lane, West Wittering, Chichester, PO20 is around £448,909 based on approximately 1 properties for sale. Same is the case with rental options based on 67 properties up for rent, average asking rent is around £1,185 per month.

Estimated property value in Chapel Lane, West Wittering, Chichester, PO20 is £882,313. Average asking price is £448,909 while average price paid is £725,000 which is up by £66,474 and Avg. asking rent £1,185.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Chapel Lane, West Wittering, Chichester, PO20 area. In last 1 year alone average price buyer paid is around £725,000 based on approximately 1 sales in Chapel Lane, West Wittering, Chichester, PO20 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £725,000. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £705,083 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £705,083 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £168,812, £171,885 for a 2 bedroom house, £337,438 for a 3 bedroom house, £579,403 for a 4 bedroom house and £1,355,750 for a 5 bedroom house. For a flat similarly the prices varies from £137,075 for a single bedroom to £208,633 for a 2 bedroom Flat. To sum up the asking prices for properties in Chapel Lane, West Wittering, Chichester, PO20 it comes to around average £160,157 for 1 bedroom property, £178,862 for 2 bedroom, £337,438 for 3 bedroom, £579,403 for 4 bedroom and £1,355,750 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £725 for 1 bedroom to £829 for 2 bedrooms, £1,109 for 3 bedrooms, £1,817 for 4 bedrooms and £1,495 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £587. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £688 and £724 for 3 bedroom. You should be generally be expecting around average £656 rent per month for single bedroom property, £763 for 2 bedroom, £1,091 for 3 bedroom, £1,817 for 4 bedroom and approximately £1,495 for a 5 bedroom property in Chapel Lane, West Wittering, Chichester, PO20 area.

Popular Houses in Chapel Lane, West Wittering, Chichester, PO20

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Chapel Lane, West Wittering, Chichester, PO20