The
most expensive property on the market in Chichester at the moment is a ten-bedroom
detached house in Pine Grove, priced at £2.25m. This got me thinking….which is
the most expensive street in Chichester?
Using
Zoopla’s property value data and focusing on the PO19 postcode region, it
showed that Pine Grove was actually in second place with an average value on
the street of £963,760.
The
third most expensive street is Brandy Hole Lane, with each of its 42 properties
having an average value of £924,351. This would give the whole street a
combined value of nearly £40m; something of a bargain when you consider that
might get you just one property in London’s Mayfair!
West
Broyle Drive and Mill Lane are in fourth and fifth spot respectively (with
average values of £890,159 and £860,193).
So,
which is the most expensive street in Chichester? That accolade goes to North
Pallant, which has just become the first street in Chichester to break through
the £1m mark, with each property valued at an average of £1,012,539.
With
the average property in Chichester valued at around £350,000, this makes a
property on North Pallant nearly three times more expensive than the local average.
There
are currently two properties for sale on North Pallant; a 3,881 square foot
home priced at £1.7m and a tardis-like 5,591 square foot townhouse priced at
£2m.
These
hefty price tags still can’t quite match that of a neighbouring property on
North Pallant, which I found to be the most expensive residential property ever
sold in Chichester. This six-bedroom Grade II listed (most of North Pallant is
listed) townhouse sold in November 2013 for £2,185,000 and is estimated to be
worth in excess of £2.5m today.
Top
5 most expensive streets in Chichester:
1.
North Pallant (£1,012,539)
2.
Pine Grove (£963,760)
3.
Brandy Hole Lane (£924,351)
4.
West Broyle Drive (£890,159)
5.
Mill Lane (£860,193)
North Pallant: The most expensive street in Chichester |
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(This article was featured in the Chichester Observer's property section
on 26th November 2015).
Clive Janes, CRJ Lettings.
www.crjlettings.co.uk
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