Chichester’s Monopoly board

The Christmas decorations have been packed away for another year and so too, after a few epic Christmas battles, has the Monopoly board. Owning Mayfair for a mere £400 seems a distant dream, but then again the game did come out in 1935 (although it was originally released in 1903 entitled ‘The Landlord’s Game’). But as 2020 kicks off, I thought it would be interesting to take a look at how Chichester’s modern-day Monopoly board would look.

With around 454 streets in Chichester (PO19 postcode district only), it would take a long time to get around the full board, so I’ll pick out a few notable mentions.

Let’s start with Old Kent Road; the cheapest space on the board. In Chichester that spot would go to Lennox Road, with the average property on the street valued at £158,000. Located close to the hospital, the street mainly consists of flats; many housing just a single person, the majority of which are renting (with a mixture of social and private tenants).

The Strand is halfway across the Monopoly board and today in Chichester this spot would be occupied by Deer Close. It’s a pleasant close off of The Meadows in Donnington, to the South of Chichester as you make your way out towards Birdham. Built in 2006, there are 23 properties in the close with an average value of £380,000, which closely matches Chichester’s average property value as a whole.

And what’s the Mayfair of Chichester? The most expensive street in the City? Well that honour falls to North Pallant, whereby the average property in the street will set you back £1,114,000. Located in the heart of the city, with Pallant House Gallery on its doorstep, North Pallant is home to some 171 people, most of whom own their property (74% without a mortgage).

So, what type of Monopoly player are you? It’s always interesting to note the different styles of play, which seem to mimic landlords’ real-life dealings. Some like to accumulate the cheaper properties, receiving multiple rents, whilst others prefer to save up for the premium plots, every so often bringing in a king’s ransom.

If you’re thinking of getting into the ‘landlord’s game’ for real, be sure to follow my Chichester property market updates throughout 2020 by visiting www.tinyurl.com/ChiPropertyNews or give me a call to discuss how you’re thinking of playing it.

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