Chichester Property Market: House Prices, Sold Data & Development Finance, Q3 2026 Edition

Chichester: Cathedral city with affluent buyer demographic and South Downs lifestyle appeal.

The Chichester property market recorded 1,939 residential sales in the 12 months to 31 May 2026, with a median sale price of £415,000. This places Chichester £54k above the Sussex county median of £361,500, and £130k above the approximate UK median of £285,000.

Prices in Chichester have shown modest growth, a year-on-year change of +1.2%. Within Sussex, Chichester ranks 3rd by price out of 10 principal towns, and 5th by transaction volume.

On a quarterly view, Chichester median prices moved from £420,000 in Q3 2024 to £450,000 in Q4 2025, a change of +7.1% over 5 quarters. Chichester has now recorded 2 consecutive quarters of price growth. The most recent quarter is excluded because HM Land Registry registrations for it are still incomplete.

Chichester District Council, the local planning authority covering Chichester, approved 310 residential planning applications and refused 77 in the last 12 months, with 90 still awaiting a decision. That is an approval rate of 80%.

Those applications propose around 1,733 homes, an estimated £655.1m of development value at local sale prices. Treat the unit total as an upper bound, since an outline permission and its reserved-matters application both count.

Chichester District Council covers more than one town in Sussex, so these figures are authority-wide rather than specific to Chichester alone.

Property prices in Chichester vary significantly by type. The table below compares Chichester prices with Sussex county averages and UK national figures.

Detached homes in Chichester command £610,000, while flat properties are most accessible at £210,000. The £400k spread between the most and least expensive types indicates a diverse market with opportunities across the development spectrum.

HM Land Registry has so far registered 82 new-build sales in Chichester for the past 12 months, 4.2% of registered transactions. New-build sales are typically registered 6 to 18 months after completion, so this understates current delivery and is not a completions figure.

On those registered sales, new builds in Chichester sold at a premium of 17.5% to existing stock.

Across the wider Sussex market, 497 new-build sales have registered so far. See our Sussex property market report for the full county picture.

The table below shows the most recently registered residential sales in Chichester, evidence of achieved prices for buyers, sellers and developers:

These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £276,925 to £560,000 illustrates the breadth of the Chichester market.

For developers considering Chichester, the local market data translates directly into finance structuring. With a median value of £415,000 and detached homes at £610,000, lenders can assess scheme viability with confidence.

A typical development finance facility for a scheme in Chichester with a GDV of £610,000 would attract senior debt of approximately £396,500 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.

With prices rising 1.2% year-on-year, Chichester presents a supportive environment for new development. Lenders view positive price momentum favourably when assessing loan applications.

Ready to develop in Chichester? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.

To put Chichester's market in context, the table below compares it with similarly-priced towns across Sussex:

For the full Sussex town-by-town breakdown, see our comprehensive Sussex property market report.