Thursday, 17 August 2017

The most expensive streets in Chichester

The most expensive street in the U.K is Kensington Palace Gardens in London. The average property here will set you back just shy of £35.9million! Whilst property in Chichester doesn’t get close to those eye-watering sums, I thought it would be interesting to take a look at which streets in Chichester are the most expensive.

North Pallant has regained the title as the most expensive street in Chichester (PO19 postcode area), with an average property value of £1,099,749. That’s nearly three times the average property value in Chichester (£382,964) and is the first time I have conducted this research to find a street in Chichester with an average property value of over a million pounds.

As it happens though, both the second and third most expensive streets in Chichester have also broken through the £1m mark.
North Pallant, Chichester

Pine Grove may no longer be the most expensive street in Chichester, but an increase of around £70,000 since I undertook the same research last Summer now puts the average property value on the street at £1,063,248.
Pine Grove, Chichester

Brandy Hole Lane takes third spot with each of its 42 properties having an average value of £1,029,174; the street’s total value of £43.2m being the most expensive overall in Chichester by virtue of it having more homes than those in the top spots around it.
Brandyhole Lane, Chichester

West Broyle Drive remains in fourth spot, with an average value of £975,562, whilst St. Johns Street has snatched fifth place from Mill Lane, with an average value of £911,169.
West Broyle Drive, Chichester
Compare these figures to the cheapest street in Chichester (Lennox Road at £152,831 per property) and you can see there is quite a difference in fortunes within our reasonably small city.

The top five most expensive streets in Chichester (by average property value) are:
1. North Pallant (£1,099,749)
2. Pine Grove (£1,063,248)
3. Brandy Hole Lane (£1,029,174)
4. West Broyle Drive (£975,562)
5. St. Johns Street (£911,169)

North Pallant will have been helped into top spot by having listed the most expensive property ever seen in Chichester earlier this year. The 6,400 square foot Grade II listed townhouse, which is now sold, was marketed for £3.3m. The stamp duty alone will set the buyer back £309,750 at that price! It’s also interesting to note that the current owner only purchased the property six years ago for ‘just’ £1.6m; therefore doubling their investment since then.

Until it has completed and loaded onto Land Registry we won’t know the record breaking sum paid for this property in Chichester, but it will surely eclipse the £2.185m paid for the current most expensive property in Chichester on record; another six bedroom Grade II listed townhouse, which was also in North Pallant.

If you love facts and stats about the local property market as much as I do, please visit where you can also sign up for the free weekly Chichester Property News e-newsletter.

(This article was featured in the Chichester Observer's property section on 17th August 2017) 

Clive Janes, CRJ Lettings.


If you are looking for an agent that is well-establishedprofessional and communicative in Chichester, then contact us to find out how we can get the best out of your investment property.

E-mail me on or call 01243 624 599.

Don't forget to visit the links below to view my previous buy-to-let deals and Chichester Property News articles:

c/o CRJ Lettings, 30B Southgate, Chichester, West Sussex, PO19 1DP


Chichester rental valuation

No comments:

Post a Comment