Midhurst

Area Guide For Midhurst

Midhurst is a market town and civil parish in the Chichester district of West Sussex, England, with a population of 4,889 in 2001. The town is situated on the River Rother and is home to the ruin of the Tudor Cowdray House and the stately Victorian Cowdray Park. Country Life magazine rated Midhurst the second best town in England. In the United Kingdom Census 2001 the parish covered 333 hectares and had 2,327 households with a total population of 4,889 of which 2,258 residents were economically active. In 1831 the population was 1,478 and 1,536 in 1841. Formerly standing within the grounds of Midhurst Castle, the parish church of St. Mary Magdalene and St. Denys was mentioned in 1291 and later in 1367 as standing, "in a place called Courtgene". The interior of the church has undergone much restoration and change and little evidence exists of its medieval heritage. Consisting of chancel and nave flanked by aisles on both sides, the church was largely rebuilt in the Perpendicular style in 1422, towards the end of Henry V's reign. It would appear that the castle was dismantled by the Bishop of Durham sometime between 1284 and 1311.

 
 

Midhurst Map

Estimated Price: £473,562
Average Asking Price: £744,587
Price change in last one year: £42,690
Average Price Paid: £359,740
Average Rent Rates: £1,306

 
 

Property Prices Breakdown in Midhurst

Average Price for property in Midhurst is around £473,562 which varies based on type of property you are interested in and ranges from £717,296 for detached house to around £387,634 for semi-detached. Similarly terraced house is around £312,014 and a flat is worth £201,910. Values have been changing and have risen £640 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,227 in last 6 months, £42,690 in last 1 year, £57,261 in last 2 years, £52,918 in last 3 years, £62,835 in last 4 years and £64,459 in last 5 years.

Currently average asking price of a property in Midhurst is around £744,587 based on approximately 161 properties for sale. Same is the case with rental options based on 24 properties up for rent, average asking rent is around £1,306 per month.

Estimated property value in Midhurst is £473,562. Average asking price is £744,587 while average price paid is £398,725 which is up by £42,690 and Avg. asking rent £1,306.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 Midhurst area. In last 1 year alone average price buyer paid is around £398,725 based on approximately 161 sales in Midhurst area alone. If you compare it to last 3 years sales of 435 properties where buyers paid around £358,952. 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 £359,740 for 692 and average amount paid for purchase of approx. 919 properties sold in last 7 years comes to about £355,284 per sale.

 
 

Properties For Sale in Midhurst

 
 

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 2 bedroom is around £353,750, £415,769 for a 3 bedroom house, £610,000 for a 4 bedroom house and £1,206,000 for a 5 bedroom house. For a flat similarly the prices varies from £166,250 for a single bedroom to £208,325 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £300,000. To sum up the asking prices for properties in Midhurst it comes to around average £166,250 for 1 bedroom property, £253,071 for 2 bedroom, £407,500 for 3 bedroom, £610,000 for 4 bedroom and £1,206,000 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 £789 for 1 bedroom to £1,199 for 3 bedroom and £2,249 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £650. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £794. You should be generally be expecting around average £685 rent per month for single bedroom property, £794 for 2 bedroom, £1,199 for 3 bedroom and approximately £2,249 for 4 bedroom property in Midhurst area.

Popular Houses in Midhurst

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.

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