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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Old Forge, Chichester is a mid-century freehold house with 1,291 ft2 of internal area and sits on a 389 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Old Forge, Chichester is £626,252 and the estimated rental value is £2,051 per month.
The Square, Compton, Chichester, PO18 is located in the borough of Chichester within the PO18 postal district.
Old Forge, Chichester has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated October 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Old Forge, Chichester is in very good condition we estimate a sale value of £657,565 and a rental value of £2,154 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £582,415 and a rental value of £1,907 per month.
Over the last 12 months the sale value of Old Forge Chichester has decreased by an estimated £20,325 (3.2%) and its rental value has increased by an estimated £60 per month (2.9%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, Old Forge, Chichester sits on a plot of 389m2.
We have plot size data on 3 out of 5 other houses in the postcode and Old Forge, Chichester sits on the 2nd largest plot.
Old Forge, Chichester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Oct 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Old Forge, Chichester was last sold on 9th March 2021 for £580,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2021, the market for similar properties has dropped 10.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Old Forge, Chichester within a radius of 6.3 kilometres over the last 2 years.
The most recent example is Field Cottage, Chichester, PO18 9EN, a freehold house which sold for £560,000 on the 29th January 2021.
Read more about house prices in PO18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Square, Compton, Chichester, PO18 has a total of 6 addresses. According to our analysis of all the public data, Old Forge, Chichester is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £43k more expensive than the average property in PO18.
The closest station to Old Forge, Chichester is Rowlands Castle station which is 5.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Old Forge, Chichester, 46.6% of property is privately owned outright and 29.8% is privately rented.
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 Old Forge, Chichester, 12.8% of residents are recorded as possessing school level qualifications and 49.1% 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 Old Forge, Chichester, the average age was 46.3 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 Old Forge, Chichester, 2.4% 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 Old Forge, 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.
