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Public records show 5, Martin Road, Chichester to be a modern freehold house with 742 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
5, Martin Road, Chichester has an estimated sale value of £303,908 and an estimated rental value of £1,437 per month, assuming reasonable condition and based on the information available.
Martin Road, Chichester, PO20 lies in the borough of Chichester, within the PO20 postal district.
5, Martin Road, Chichester has a single entry in the Land Registry from November 2023 and a single entry in the EPC database dated June 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 5, Martin Road, Chichester would be worth £319,103, with a potential rental value of £1,509 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £282,634, with a rental value of £1,336 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 5, Martin Road, Chichester has decreased by £7,970 (2.6%) over the last year. During the same period, its estimated monthly rental value has grown by £53 (3.7%). The property's estimated gross yield is currently 5.7%.
5, Martin Road, Chichester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Jun 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
5, Martin Road, Chichester last changed hands on 30th November 2023, selling for £285,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 3.3% since November 2023.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of 5, Martin Road, Chichester across the last 2 years.
Most recently, 5, Petrel Way, Chichester, PO20 2LE, a freehold house, sold at £310,000 on the 8th September 2023.
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 5, Martin Road, Chichester as the 5th largest and the 5th most expensive of the 5 addresses on Martin Road, Chichester, PO20.
Against the PO20 postcode district average, it is £155k less expensive than the typical property.
Chichester station is the nearest stop to 5, Martin Road, Chichester at 2.7 kilometres away.
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 5, Martin Road, Chichester, 36.8% of property is privately owned outright and 26.4% 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 5, Martin Road, Chichester, 15.9% of residents are recorded as possessing school level qualifications and 40.6% 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 5, Martin Road, Chichester, the average age was 40.8 and the most common age was 57.
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 5, Martin Road, Chichester, 2.8% 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 5, Martin Road, Chichester, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.