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

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

The Chichester property market recorded 1,963 residential sales in the 12 months to 30 June 2026, with a median sale price of £420,000. This places Chichester £58k above the Sussex county median of £362,488, and £135k above the approximate UK median of £285,000.

Prices in Chichester have shown strong growth, a year-on-year change of +3.4%. 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 £400,000 in Q1 2025 to £375,000 in Q2 2026, a change of -6.3% over 5 quarters. Chichester has now recorded 2 consecutive quarters of price falls.

The local planning authority for Chichester approved 33 residential planning applications and refused 16 in Q3 2026 (1 July to 30 September 2026), with 57 still awaiting a decision. That is an approval rate of 67%. A further 1 residential decision in the period has no recorded outcome in the source data and is not counted above. Planning figures come from local planning authority records compiled by Landstack, retrieved on 3 October 2026. Councils and Landstack can take several days to publish decisions, so decisions made in the final days of Q3 2026 may not all be included yet.

Schemes approved in Q3 2026, together with those still awaiting a decision, propose around 1,685 homes, an estimated £683.2m 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.

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 £615,000, while flat properties are most accessible at £210,000. The £405k 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 70 new-build sales in Chichester for the past 12 months, 3.6% 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 24.3% to existing stock.

Across the wider Sussex market, 416 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 £315,000 to £900,000 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 £420,000 and detached homes at £615,000, lenders can assess scheme viability with confidence.

A typical development finance facility for a scheme in Chichester with a GDV of £615,000 would attract senior debt of approximately £399,750 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 3.4% 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.