Spitalfield Lane, Chichester, PO19

Street Guide For Spitalfield Lane, Chichester, PO19

 

Spitalfield Lane, Chichester, PO19 Map

Estimated Price: £258,117
Average Asking Price: £408,860
Price change in last one year: £17,669
Average Price Paid: £202,486
Average Rent Rates: £1,506

 

Property Prices Breakdown in Spitalfield Lane, Chichester, PO19

Average Price for property in Spitalfield Lane, Chichester, PO19 is around £258,117 which varies based on type of property you are interested in and ranges from £319,302 for detached house to around £266,912 for semi-detached. Similarly terraced house is around £273,870 and a flat is worth £238,954. Values have been changing and have risen £1,355 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,981 in last 6 months, £17,669 in last 1 year, £28,801 in last 2 years, £32,811 in last 3 years, £30,403 in last 4 years and £33,193 in last 5 years.

Currently average asking price of a property in Spitalfield Lane, Chichester, PO19 is around £408,860 based on approximately 2 properties for sale. Same is the case with rental options based on 120 properties up for rent, average asking rent is around £1,506 per month.

Estimated property value in Spitalfield Lane, Chichester, PO19 is £258,117. Average asking price is £408,860 while average price paid is £179,950 which is up by £17,669 and Avg. asking rent £1,506.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 Spitalfield Lane, Chichester, PO19 area. In last 1 year alone average price buyer paid is around £179,950 based on approximately 2 sales in Spitalfield Lane, Chichester, PO19 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £200,845. 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 £202,486 for 30 and average amount paid for purchase of approx. 39 properties sold in last 7 years comes to about £202,470 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 £141,057, £259,323 for a 2 bedroom house, £362,013 for a 3 bedroom house, £609,337 for a 4 bedroom house and £643,742 for a 5 bedroom house. For a flat similarly the prices varies from £148,708 for a single bedroom to £235,259 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £295,000. To sum up the asking prices for properties in Spitalfield Lane, Chichester, PO19 it comes to around average £147,085 for 1 bedroom property, £246,623 for 2 bedroom, £358,822 for 3 bedroom, £609,337 for 4 bedroom and £643,742 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 £800 for 1 bedroom to £946 for 2 bedrooms, £1,093 for 3 bedrooms, £1,333 for 4 bedrooms and £1,615 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £731. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £948 and £849 for 3 bedroom. You should be generally be expecting around average £742 rent per month for single bedroom property, £948 for 2 bedroom, £1,076 for 3 bedroom, £1,333 for 4 bedroom and approximately £1,615 for a 5 bedroom property in Spitalfield Lane, Chichester, PO19 area.

Popular Houses in Spitalfield Lane, Chichester, PO19

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 Spitalfield Lane, Chichester, PO19