Chichester

Data from Land Registry, ONS, Bank of England

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Avg. price

£440,759

↑ +0.2% YoY

Affordability

12.32x

↓ price-to-earnings

Avg. rent

£1316/mo

↑ +3.5% YoY

Market outlook for Chichester

Key indicators for buyers

Prices stable+0.2% YoYRelatively stable market

Very stretched12.3xImproving from 14.5x in 2021

Rates favourable3.97%2yr fixed, 75% LTV

Market quiet-6% YoYLess competition

Rents rising fast+3.5% YoYWaiting costs more (£1,316/mo)

The Chichester market is moderately favourable for buyers. Affordability has improved from a peak of 14.5x in 2021 to 12.3x today. Rising rents (£1,316/mo, +3.5%) mean the cost of waiting is real.

Price trends

Average sale prices · HM Land Registry / UK HPI

£440,759

↑ +0.2% YoY

Affordability ratio

House price ÷ median earnings · ONS data

12.32x

price-to-earnings

A home in Chichester costs 12.3x the local median salary — very stretched, improving from a peak of 14.5x in 2021.

Rental trends

Average monthly rent · ONS Private Rental Index

£1316/mo

↑ +3.5% YoY

Average monthly rent in Chichester is £1,316, up 3.5% year-on-year. Rents have risen consistently over the past five years.

Monthly mortgage

2yr fixed · 75% LTV · 25yr term · BoE avg. rate

£1,739

per month at 3.97%

LTV

Term

Deposit (25%)

£110k

Stamp duty

£10k

Based on the average Chichester price of £440,759 with a 25% deposit (£110k), a 2-year fixed mortgage at 3.97% costs around £1,739 per month.

Rent vs buy snapshot

Monthly cost comparison based on current data

Renting

£1,316

per month

0% equity built

Buying (mortgage)

£1,739

per month

£423 more than renting

Breakeven

15yr

to recoup deposit

vs renting + investing

Monthly mortgage payments (£1,739) are £423 more than renting (£1,316). However, buying requires an upfront deposit of £110k — it would take around 15 years to recoup that cost compared to renting and investing the difference.

Recent sales

Latest transactions · HM Land Registry Price Paid Data

Address	Type	Price	Date
4, CHARLMEAD, EAST WITTERING PO20 8DN	Detached	£965,000	28 Jan 2026
PUNCHES CORNER, PUNCHES LANE, SOUTH MUNDHAM PO20 1NA	Detached	£895,000	28 Jan 2026
51, OLIVER WHITBY ROAD PO19 3LL	Terraced	£362,500	26 Jan 2026
1, MINERVA PLACE, 77A, WHYKE LANE PO19 7PD	Flat/Maisonette	£210,000	23 Jan 2026
7, CANAL WHARF PO19 8EY	Terraced	£490,000	23 Jan 2026
9, MANOR WAY, SOUTHBOURNE PO10 8LY	Semi-detached	£164,019	20 Jan 2026
59, MELBOURNE ROAD PO19 7JZ

Explore postcodes in Chichester

5postcode districts · Click for detailed prices

Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions