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Public records show 40, Mere Close, Chichester to be a modern leasehold apartment with 516 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
40, Mere Close, Chichester has an estimated sale value of £212,480 and an estimated rental value of £1,175 per month, assuming reasonable condition and based on the information available.
Mere Close, Bracklesham Bay, Chichester, PO20 lies in the borough of Chichester, within the PO20 postal district.
40, Mere Close, Chichester has 41 entries in the Land Registry , most recently in April 2018 and a single entry in the EPC database dated April 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 40, Mere Close, Chichester would be worth £223,105, with a potential rental value of £1,234 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £197,607, with a rental value of £1,093 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 40, Mere Close, Chichester has declined by £5,407 (2.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £39 (3.3%). The property's estimated gross yield is currently 6.6%.
40, Mere Close, Chichester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Apr 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
40, Mere Close, Chichester last changed hands on 25th April 2018, selling for £220,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has dropped by 8.6% since April 2018.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.0 kilometres of 40, Mere Close, Chichester across the last 2 years.
Most recently, 10, The Paddock, Chichester, PO20 8AF, a leasehold flat, sold at £210,000 on the 30th September 2025.
Read more about house prices in PO20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 40, Mere Close, Chichester as the 53rd largest and the 53rd most expensive of the 53 addresses on Mere Close, Bracklesham Bay, Chichester, PO20.
Against the PO20 postcode district average, it is £247k less expensive than the typical property.
Bosham station is the nearest stop to 40, Mere Close, Chichester at 9.0 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Mere Close, Chichester, 49.8% of property is privately owned outright and 32.5% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 40, Mere Close, Chichester, 16.2% of residents are recorded as possessing school level qualifications and 34.5% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 40, Mere Close, Chichester, the average age was 49.3 and the most common age was 72.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 40, Mere Close, Chichester, 0.8% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 40, Mere Close, Chichester, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.